Hi Melany,
Thanks for preparing the budget. The task was made extra challenging in these
times. To be clear, with a virtual banquet and the work at TDS you are
forecasting a need to pull $30,000 out of reserves to balance the budget? Also
with our reduced expenses you forecast a transfer to reserves of about $7,000?
On Friday, June 5, 2020, 02:57:52 PM PDT, Melany Biendara <bieme@xxxxxxx>
wrote:
Hey everyone,
In addition to the treasurers report, please see the budget proposal for next
fiscal year, I look forward to your feedback.
I recommend starting with the Powerpoint as it has a user-friendly format to
review the budget, where I’ve grouped and consolidated items to compare income
with corresponding expenses and separate the operating expenses.
The PP also has a few additional slides to show some challenges in using Wild
Apricot summary numbers to provide membership counts with some discussion
questions for the board. The member info isn’t super critical, and we may not
have to time for it this meeting - it was an interesting analytical exercise
into how WA works.
The spreadsheet has 3 tabs:
- first tab (Draft 20-21 budget) is the actual budget in standard
accounting format
- second tab (Consolidated) is the layout used in the PowerPoint slides
- third tab is last year’s budget with historical years used to model
this year
