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?