Budget & Finance
Proposed Budget
| Proposed Budget | Actual | Proposed Budget | |
|---|---|---|---|
| 2022-2023 | 2022-2023 | 2023-2024 | |
| Income: | |||
| Membership Dues | $18,000.00 | $18,000.00 | $18,000.00 |
| Provisional Dues | $1,400 | $1,400.00 | $1,050.00 |
| Individual Contributions: | |||
| Scholarships | 0 | $8,040.00 | $1,000.00 |
| Education Fund | 0 | $6,700.00 | $1,000.00 |
| Total Individual Contributions | $3,000.00 | $14,740.00 (1) | $2,000.00 |
| GCA Grant P4P | 0 | 0 (2) | $3,000.00 |
| Annual Meeting Luncheon,contributions from members | $2,000.00 | $2,250.00 | $2,000.00 |
| Other Income: | |||
| Agave Sale | $500.00 | $765.00 (3) | 0 |
| Ways & Means | $5,000.00 | $8,890.00 | $3,000.00 |
| Sale bouquets & tomato bombs | 0 | $1,460.00 | 0 |
| Total Other Income | $5,500.00 | $11,115.00 | $3,000.00 |
| Total Club Income | $29,900.00 | $47,505.00 | $29,050.00 |
| Expenses: | |||
| Annual Dues to GCA | $3,968.00 | $3,968.00 | $3,906.00 |
| GCA Conferences | $2,720.00 | $3,135.00 | $6,360.00 (4) |
| Total GCA Expenses | $6,688.00 | $7,103.00 | $10,266.00 |
| Administration Expenses: | |||
| Accountant Fees | $1,600.00 | $1,495.00 | $1,600.00 |
| Bank Fees (SD Box, Check Printing) | $50.00 | $138.00 | $50.00 |
| Computer & Software | $150.00 | 0 | 0 |
| Newsletter, Stationery, Roster | $900.00 | $900.00 | $950.00 |
| Post Office Box Rental | $120.00 | $156.00 | $156.00 |
| Tax Filing Fees | $25.00 | $50.00 | $50.00 |
| Treasurer | $150.00 | $291.00 | $200.00 |
| Website Domain & Maintenance | $1,300.00 | $1,890.00 | $2,000.00 |
| Total Administration Expenses | $4,295.00 | $4,920.00 | $5,006.00 |
| Committee Expenses: | |||
| President | $250.00 | 0 | $200.00 |
| Archives/Historian | $50.00 | 0 | 0 |
| Awards | $600.00 | $825.00 | $750.00 |
| Conservation | $500.00 | $1,315.00 | $1,300.00 |
| Floral Design | $1,300.00 | $1,154.00 | $1,000.00 |
| Garden History & Design | $50.00 | $60.00 | $100.00 |
| Horticulture | $600.00 | $248.00 | $600.00 |
| Hospitality for meetings (coffee, rentals, etc. | $2,500.00 | $514.00 | $650.00 |
| Annual Meeting Luncheon | $3,900.00 | $4,359.00 | $4,500.00 |
| Membership | $50.00 | 0 | $50.00 |
| Photography | $500.00 | $82.00 | $1,000.00 |
| Programs | $5,000.00 | $2,980.00 | $4,800.00 |
| Provisionals | $100.00 | 0 | $600.00 |
| Special Occasions (flowers, gifts) | $200.00 | $200.00 | $500.00 |
| Visiting Gardens | $0 | 0 | $250.00 |
| Total Committee Expenses | $15,600.00 | $11,737.00 | $16,300.00 |
| Outreach Programs: | |||
| Christmas Workshop | $850.00 | $1085.00 | $800.00 |
| Club Flower Show | $17,800.00 | $11,391.00 (5) | 0 |
| Scholarship | $7,000.00 | $12,150.00 | $5,000.00 |
| Total Outreach | $25,650.00 | $24,626.00 | $5,800.00 |
| Total Club Expenses | $52,233.00 | $48,386.00 | $37,372.00 |
| Other Expenses | |||
| Partners 4 Plants | 0 | 0 | $3,000.00 |
| Net Income (Loss) before Adjustments | ($22,333.00) | ($881.00) | ($11,322.00) |
| Adjustments for restricted income received in one year, used in subsequent year: | |||
| GCA Meneice Horticulture Conference | $500.00 | $500.00 | 0 |
| Scholarships - Add prior year restricted income/carryover used | $5,407.00 | $5,407.00 | $1,297.00 |
| Scholarships - Deduct current year restricted income carried forward | 0 | ($1,297.00) | 0 |
| Education Fund - Deduct restricted income carried forward | 0 | ($6,700.00) | 0 |
| Education Fund - Add prior year restricted income / carryover used | 0 | 0 | $2,500.00 |
| Flower Show - Add prior year restricted income / carryover used | $17,800.00 | $11,391.00 (5) | 0 |
| Total Adjustments to Income | $23,707.00 | $9,301.00 | $3,797.00 |
| NET OPERATING INCOME (LOSS) | $1,374.00 | $8,420.00 | ($7,525.00) |
| Other Designated Expenditures | |||
| City Hall (from Ridder funds) | $2,000.00 | $2,417.00 | $5,099.00 |
| HM Library and Piccadilly Park (from Endowment) | $8,000.00 | $5,166.00 | $8,000.00 |
| Partner for Plants (see line 58 above for FY2022) $1,525 from camellia sale + $875 from Endowment | $2,400.00 | $3,500.00 (6) | 0 |
| Notes: | |||
| (1) Excludes $1,200 in donations to Founders Endowment | |||
| (2) For 2022-23 sec P4P no line 96 (no GCA grant) | |||
| (3) Income from sale of agaves attributed to Civics Committee and used to offset Civics expenses. | |||
| (4) Conservation Conference 1@$450 NAL 2 @ $415 = $830 Zone Meeting 2 @ $295 = $590 Annual Meeting 2@$495 =$990 Total registration fees =$2,860 +$500 pp travel stipend ×7 delegates =$3,500 Total GCA conference expense =$6,360 | |||
| (5) $6,439 unused Flower Show funds from 2019 wil be carried over for future flower show. | |||
| (6) P4P used $1,525 carryover from Meneice camelia sale +$1,975 from Endowment. | |||
Balance Sheet
