NCWSA 2019 Budget Presentation Assembly October 13, 2018 Presented - - PowerPoint PPT Presentation

NCWSA 2019 Budget

Presentation

Assembly October 13, 2018 Presented by Chris M. Alt. Delegate

What is a budget?

• A budget is a guideline or plan

for how money is expected to be received and spent.

• Required by our bylaws to

conduct business

Who Prepares the Budget?

• The Budget Committee (Drafts)
• Alternate Delegate
• Treasurer
• Past Treasurer or Alt. Delegate
• Current DR from each Section

All members of NCWSA provide input.

What is our budget process?

• Budget chair gathers requests and prepares a

draft from PY financial data by February.

• Budget committee reviews and recommends

proposal to NCWSC by May

• By May NCWSC reviews and approves the

Proposed Budget for Fall Assembly

• GR’s review and adopt a budget at the Fall

Assembly

Where does our money come from?

• 64% of our funding comes from

donations.

• Individuals (4%);Groups(47%);

Districts/AIS (13%)

• 36% of our funding comes from

events

How do we spend our money?

• Officers & Coordinators – 18%
• Committees – 22%
• Conferences – 6%
• Events – 39%
• Newsletters – 4%
• NoCAC Grant – 1%
• Corporate – 10%

How do we request changes to the budget?

• Annually as a part of the budget

process, or

• During the year, additional

requests can be made to the chair.

• Chair has a discretionary budget

What are budget challenges?

• Donations may decline and not

provide enough funds to operate.

• Expenses continually increase.
• Some new ideas cost money.
• What can we do?

Spiritual Solutions

• Think Abundantly
• Let it Begin with Me
• Generous - Gratitude in action
• Responsible
• Trust
• Unity

Practical Solutions? Reserve Fund

• Warranty One recommends that an

ample Reserve be the prudent financial principle;

• Created from prior year savings and

the generosity and abundance of members.

• Ensures the continuity of the

important 12 Step Work of NCWSA.

Budget to Actual History

Proposed Income 2019

Recommend Increase to Events Income for increased Assembly Registration to cover increased costs. - $15,500

Proposed Expenses 2019

Recommend increase to expenses of $15,500 primarily from increased costs in Events for Assembly.

Proposed Summary 2019

Budget Motion Recommended

NCWSC recommends that the GR’s consider, make any changes as necessary and approve the 2019 NCWSA Proposed Summary Budget as modified by the NCWSC at the May Committee meeting and amended at the August Committee meeting

Questions?

• What do we not know that we

would like to know?