Altrusa International District Nine
Proposed Budget June 1, 2022 to May 31, 2023
2022-2023-Proposed-District-Budget
REVENUE
MEMBERSHIP DUES
- Budget based on current membership not expected growth for next year.
- Group Tally electronic payments were received for 121 members prior to June 1, 2021. This income is included in the 21-22 revenue under Annual Dues Renewal (10001.A).
- Proposed Budget 2022-23 is calculated with Membership Dues increasing to $18 for the first dues increase since 90-92 Biennium.
OTHER INCOME
- Fall Event (10008) is planned as a self funded event. (see Fall Event (300036) for expense)
TRANSFERS FROM RESERVES
- From Unrestricted Cash Reserve Acct (20004) is the amount needed to transferred from the Reserve account to balance the budget.
EXPENSES
OFFICERS
- Officers (30001, 30003, 30005-30011) expenses are only for club visits. The District Nine Board club visits will be 50% virtual to reduce travel expense.
- Mid Year Board (30011.1) meeting and Board Conference (30011.2) expenses are separated from Officers expenses to clearly identify expenses associated with these meetings.
- Mid Year Board (30011.1) meeting will be on the same day as the Fall Leadership Event to reduce travel expenses.
PRINTING / COMMUNICATIONS
- Supplies/Web Expenses/Technology (30024) is designated for the District Nine website. It is an investment in the future to improve communications, document storage, and free club websites.
SUNDRIES & MISC
- Compilations (30028) is over budget due to the completion of 19-20 and 20-21 in the same year. There was not an expense payment for a Compilation last year.
- Fall Event (30036) is planned as a self funded event. (See Other Income Fall Event (10008))
RESERVE
Any remaining money in the operating account for the current year is deposited to the Reserve account at the end the fiscal year (May 31). The Reserve account is used to supplement the revenue in the budget and to account for any excess funds not spent at the end of the current budget year. Per the Fiscal Policies, the District shall maintain the unrestricted cash reserve account at a level which is no less than six months operating expenses. Based on the 2021-2022 budget an amount of $15,112.50 is designated as the six months operating expense leaving an unrestricted balance of $19,883.03 in the Reserve account as of February 28, 2022.