9th Annual Reports January 1, 2019 - December 31, 2019 It shall be the duty of the Budget Committee to prepare the budget for the fiscal year, which begins January 1. The recommended budget shall be published in the November Bulletin, presented for consideration at the annual session by the general membership. All anticipated receipts for the fiscal year that are not specifically allocated to special funds are to be considered by the Budget Committee available for expenditure. ANTICIPATED REVENUE: *Dues - 886 (Active thru 5th yr. out-Waivers) .......................................................................................... $214,250.00 *171 Active Life @ $154.00 …………………………………………………………….................................................. 38,000.00 25 Associates @ $125.00 ………………………………………………............................................................................ 2,200.00 9 Retired Members @ $25.00 …………………………………………………….............................................………. 300.00 5 Initiation Fees @ $50.00……………...............................................................……….............................................. 250.00 Rental Income ….……………………………………………………………………………................................................... 19,176.00 Interest Income …..……………………………………….………………………………….................................................. 15,000.00 Bulletin Advertising …………………………………………………………………………................................................ 24,275.00 General Meeting Programs …...………………………………………………………….................................................. 60,000.00 Professional Education …………………………………………………………………................................................….. 28,000.00 Restorative Conference ……………………………………………………………………................................................. Risk Management ………………………………………………………………………….................................................…. Other Income ..................................................................................................................................................................... 55,000.00 Total Anticipated Revenue ……………………...................…………….................................................. $456,451.00 Recommended Budget ANTICIPATED OPERATING EXPENSES: Salaries ………………………………………………………………………………………........................................ $145,000.00 Payroll Taxes …………………………………………………………………………………................................................. 13,050.00 Employee Pension Program - 5% wages …………………............………………................................................ 4,191.00 Medical & Dental ……………………………………………………………………………................................................. 1,000.00 Board of Governors …………………………………………………………………………................................................ 7,200.00 Officers’ Allowances .............................................................………………………........................................................ 3,000.00 Executive Director’s Expenses …………………………………………………………................................................. 1,500.00 General Meeting Programs …………………………………………………………...............................................…….. 60,000.00 Other Expenses ……………………………………………………………………………….................................................. 53,020.00 Bulletin ………………………………………………………………………………………….................................................... 26,000.00 Postage & Office Expense …………………………………………………………………................................................. 4,500.00 Office Equipment …………………………………………………………………………...................................................... 4,800.00 Telephone & Utilities ……………………………………………………………………….................................................. 15,000.00 Accounting, Bookkeeping, Legal ……..………………………………………………................................................… 17,620.00 Real Estate Taxes ……………………………………………………………………………................................................... 7,600.00 Insurance ……………………………………………………………………………………….................................................... 8,000.00 Building Maintenance ……………………………………...……………………………….................................................. 24,000.00 Professional Education …………………………………………………………………….................................................. 16,000.00 Restorative Conference ……………………………………………………………………................................................. Risk Management …………………………………………………………………………….................................................. Special Appropriations …………………………………………………………………….................................................. 1,000.00 Capital Improvements …………………………………………………………………….…............................................... 20,000.00 Miscellaneous Expenses ……………………………………………………………………................................................ 965.00 Delegates/Alternates ………………………………………………………………………….............................................. 13,100.00 NYSDA Reception 2023 ……………………………………………………………………................................................. 3,000.00 Total Anticipated Expenses …………………………………………………............................................. $449,546.00 * As approved by the Board. 12 BULLETIN NINTH DISTRICT DENTAL ASSOCIATION