|
Expenses |
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| MEET FEES |
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| Coaches Fees |
$29,200.00 |
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| Commonwealth Cup |
$4,125.00 |
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| Christmas on the
Chesapeake |
$5,045.00 |
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| Nittany Invitational |
$4,710.00 |
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| Level 5 & 6 Mock
meet |
$565.00 |
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| Hershey Hugs &
Kisses |
$4,340.00 |
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| Frederick Classic |
$970.00 |
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| Mountaineer Classic |
$3,655.00 |
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| San Diego Classic |
$1,890.00 |
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| Level 9 & 10 States |
$195.00 |
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| Merry
March Meet |
$858.00 |
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| Level 5 Sectioanls |
$970.00 |
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| Level 9 Regionals |
$1,000.00 |
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| Level 8 States |
780.00 |
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| Level 10 Regionals |
- |
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| Springfest |
2,160.00 |
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| Level 9 Eastern
Nationals |
300.00 |
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| Level 6 & 7 States |
1,040.00 |
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| Level 10 Nationals |
- |
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| Level 5 States |
950.00 |
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| Level 8 Regionals |
417.00 |
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| College Bound |
300.00 |
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| TOTAL MEET FEES |
$63,470.00 |
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| OTHER EXPENSES |
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| Accounting Fees |
650.00 |
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| Vending Machine |
1,598.40 |
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| APEX Registration Fees |
2,150.00 |
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| Bank Service Charge |
100.00 |
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| Miscellaneous (Shipping,
Office Supplies, Copies) |
300.00 |
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| Holiday Party - Gifts |
525.00 |
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| Holiday Coach's Gifts |
500.00 |
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| Goody Bags |
550.00 |
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| USAG Registration |
2,500.00 |
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| Year End Party Awards |
575.00 |
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| Year End Party Venue
Rental |
100.00 |
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| Year End Coach's Gifts |
500.00 |
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| TOTAL OTHER EXPENSES |
10,048.40 |
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| OVERALL TOTAL
(OPERATING BUDGET FOR 2007-2008) |
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$73,518.40 |
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| NOTES: |
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| (1) The year
over year adjustment factor is typically 5% (inflation) and/or the increase
in % of |
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| gymnasts on
the team (this season we actually go down in head count) |
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| (2)
In some cases, other adjustment factors are used - either because the cost
increase (or decrease) is |
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| known, or
because the number of gymnasts may effect the cost, but only indirectly. |
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| (3) VGBC Team
gymnasts number is currently expected to be 55 for the 2007-2008 season |
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| (4)
Note that this budget assumes the same number of hosted meets and the same
number of |
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| meets
with APEX participating. This is
consistent with our understanding of the meet schedule at this |
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| time. If for some reason an additional
"away" meet is added, it would likely need to be funded via |
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| fundraising $ or assessments. |
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| (5) There are
expenses other than those shown here that will be incurred throughout the
year, but they all |
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| would be for planned fundraisers, which of
course will generate revenue to offset those expenses. |
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| Vending,
SCRIP, Corporate Sponsorships, and Wreath and Leo Sales are notable items
here, with SCRIP |
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| being
by far the highest, $-wise. Expense
breakouts forthese items are available, but will be used by |
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| the
board for planning purposes and will not need to be included here or approved by the |
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| membership-at-large. |
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| 6)
Every effort has been made to ensure the budget for next year is as accurate
as it can be. Budget |
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| numbers
are based on last year's actuals right out of the categorized, electronic
check register, and the |
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| use
of the adjustment factors noted in Item (1) above should have us
covered. You can vote with |
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| confidence
on the numbers above, knowing that if for some reason an unforeseen
expenditure hits, |
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| you
will all be asked to vote on it, and if we under-run our expenses next year,
you will benefit in the |
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| form of reduced
assessments. |
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| 7)
Budget for Level 10 Regional/State Meet dependent on number of Level 10
gymnasts, if any. |
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