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CASHCASH vs BUDGETPROPOSED
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Jan - Dec 242024 BudgetDifference2025 BUDGETPertinent Information / Reasons for Proposed Amounts
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Ordinary Income/Expense
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INCOME
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General Income
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Membership dues
284,858.84309,600.00-24,741.16288,000.00
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Total General Income
284,858.84309,600.00-24,741.16288,000.00
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Investment Income
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Dividends/Investments
39,999.570.0039,999.5735,000.002023 - 39,500
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Checking Interest
4.8830.00-25.120.00We don't get this anymore
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Total Investment Income
40,004.4530.0039,974.4535,000.00
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Product Income
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Assessment
41,370.0055,500.00-14,130.0048,000.00
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SBDM Basics
150.00200.00-50.00200.00
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Standards
8,200.0012,000.00-3,800.009,000.00
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Instruction
2,085.001,000.001,085.0010,000.00Develop Vibrant Learning tool kit for 2025-26 school year
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Total Product Income
51,805.0068,700.00-16,895.0067,200.00
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Training Income
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T-Other
0.000.000.000.00
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T-Travel
3,446.765,800.00-2,353.245,200.00
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T-Fees
44,950.0055,000.00-10,050.0062,000.00We will be offering a new Vibrant Learning PD; we will have Academies, district and schools can book for on-site, and we are promoting with all the co-ops.
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T-Materials
5,502.002,750.002,752.007,900.00
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T-Registration
13,600.0016,000.00-2,400.0014,000.00
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T-Sets
1,100.00250.00850.001,200.00
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Total Training Income
68,598.7679,800.00-11,201.2490,300.00
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TOTAL INCOME
445,267.05458,130.00-12,862.95480,500.00
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Gross Profit
445,267.05458,130.00-12,862.95480,500.00
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EXPENSE
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Membership
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Supplies
100.41550.00-449.59550.00 We spent 1200 in 2024 total but we are keeping these the same as we budgeted for last year, because we need more banners and will need to print more welcome booklets
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Printing
1,112.072,000.002,000.002,000.00
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Total Membership
1,212.482,550.00-1,337.522,550.00
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Bd of Directors
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Retreat
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Lodging0.000.000.008,000.00
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Mileage0.000.000.001,700.00
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Retreat - Other0.000.000.00470.00
This might be a cake for banquet and other supplies needed for meeting the next day (breakfast and coffee)
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Total Retreat
0.000.000.0010,170.00
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D&O Insurance
1,989.002,000.00-11.002,000.00
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Supplies
46.58150.00-103.420.00
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Board Training
0.00200.00-200.000.00*Rows 42-45 are accounted for in the retreat, all others Zoom
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Facility
50.00200.00-150.000.00
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Travel
900.203,000.00-2,099.800.00
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Meals
199.02250.00-50.980.00
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Total Bd of Directors
3,184.805,800.00-2,615.2012,170.00
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Payroll Expenses
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Payroll Processing
39.90240.00-200.100.00no charge for this anymore
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Wages & ER Taxes
374,196.23334,600.0039,596.23385,000.00 Increase —
*Hourly pay schedule up 7.5% and movement for staff on pay schedule by experience or level
*Kelly up from 200 days to 220

[cost of living COLA adjustment is 2.5% per Social Security Administration]

Decrease —
*Lynne Keen 24 days instead of 60
* Ronda moving to associate ex director pay level and not being paid through OVEC starting July 1
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Total Payroll Expenses
374,236.13334,840.0039,396.13385,000.00
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General Expense
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Payment Processing
3,264.692,800.00464.693,000.00*This is based off of a percentage of payments made via credit cards.
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Continued Education
623.00300.00323.00840.002 registrations for KASA and Edweek
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Equipment Lease
5,208.824,800.00408.825,200.00Postage machine, copier agreement/contract
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Fees
15.0015.000.0015.00Report for Secretary of State
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Technology Related
20,947.7117,000.003,947.7117,000.00
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Accounting
3,822.413,000.00822.419,000.00Need to do audit this year - $5,000
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Rent
17,492.0017,280.00212.0017,500.00
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Out Sourced Work
2,251.252,100.00151.250.00This was Kelly's time before contract and a district person reviewing Agenda News
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Legal
11,271.5015,000.00-3,728.5010,000.00
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Utilities
6,401.506,200.00201.506,500.00
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R&M, Cleaning, Lawn Care
1,049.501,200.00-150.501,200.00
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Ins Bonding
756.00800.00-44.00800.00
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Ins Liability
1,083.001,020.0063.001,100.00
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Ins Medical (Employee Reimb)
6,458.725,628.00830.727,636.00
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Ins Workers Comp
1,012.08900.00112.081,100.00
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Postage
1,049.541,100.00-50.461,100.00*Increased from actual to allow for some hard copy mailing.
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Staff Travel & Meals
2,265.10800.001,465.102,300.00Kelly and Liz going to meetings
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Supplies
1,662.181,500.00162.181,500.00water, paper supplies, battereis
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Telephone/Internet
1,346.653,350.00-2,003.351,644.00
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Travel (nonstaff/nonboard)
0.001,100.00-1,100.000.00This was extra help in the summer - material delivery, packing, etc.
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Total General Expense
87,980.6585,893.002,087.6587,435.00
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Product/Service Expense
74
P-Development
5,118.495,000.00118.495,000.00*Kevin for doing test score graph development and running graphs.
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P-printing
246.500.00246.500.00
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Total Product/Service Expense
5,364.995,000.00364.995,000.00
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Training Expense
78
T-Travel/Meals
3,669.725,500.00-1,830.283,700.00
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T-Printing
3,807.225,500.00-1,692.783,800.00
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T-Trainer
7,700.0012,000.00-4,300.003,600.00Saving here because we are using in-house (Kelly and Liz) trainers -- Tim C retired
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T-Development
1,425.001,400.00This amount is estimated for paying Crystal's development fees and paying trainers to review the new session.
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Total Training Expense
16,601.9423,000.00-6,398.0612,500.00
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Total Expense
488,580.99457,083.0031,497.99504,655.00
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Net Ordinary Income
-43,313.941,047.00-44,360.94-24,155.00
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