Budget & AGM Process The membership at the AGM approved postponing approval of the budget to today. The motion was as follows:  Moved/seconded (Shawn Swallow/Damian Duffy):  “that the approval of the comprehensive budget for the period July 1, 2004 to June 30, 2005 be postponed until the Extra-Ordinary Meeting to be held Dec. 2 nd, 2004.”  Carried.

AAPS Treasurer’s Report Strategic Outlook Budget 2004 / 2005

Handouts 2004/05 Budget Notes of this presentation

Agenda AAPS Strategic Plan Highlights  Background on Current Situation Key Budget Principles Proposed Budget 2004/05 Motion to Accept Budget as Proposed Discussion Vote on the Budget

Key Budget Principles No deficit Maintain appropriate reserves Dues increases only as last resort Prudence:  Address all known revenues and expenditures  Achievable  Time to assess whether new expenses are temporary anomalies or permanent situation.

Strategic Plan Update 1.Compensation Grievance: Market Survey 2.Collective Bargaining 3. Strategic Communications 4. Customer & Stakeholder Relations 5. Organizational Priorities (Office & Board)

Compensation Grievance 1995: FA 50 th percentile 2000: Mercer 7% - 9% low 2000: LoA 50 th percentile 2001: 2.3% increase 2002: LoA 50 th percentile 2004: Hay 9% - 11% low Nov. 30/04 AAPS finally filed the grievance: we anticipate an arbitration and possibly an appeal.

Negotiations AAPS contract expires June 30, 2005 All other collective agreements on campus also expire this year Negotiations create extraordinary expenses

Workload: Grievances 2004 has been the busiest year to date It appears that UBC is taking a hard line on many issues Resolutions take more work and are harder to achieve

Anomaly or Permanent Change? Is this a one-time anomaly? OR Is it the shape of things to come?

Options 1.Back off & let UBC dictate terms. 2.Draw on reserves which were put away for a “rainy day”. 3.Raise dues.

Legal Expenses Hearings & Negotiations:$120,000 Compensation Grievance: $60,000 UBC Okanagan $30,000 Total$210,000

Consultant Expenses Temporary and technical assistance with:  Advocacy  Negotiations  Compensation Grievance  Financial planning and assessment  Filing & office systems Total:$111,764

Administration Expenses The same as last year except for:  Salary continuance$48,500  Market survey (AAPS share)$51,750  Rent$20,000  Temp assistance$35,000  Insurance$13,000  Contingency $3,000 Total new$171,250

Budget Motion 1.That the dues for the Association of Administrative and Professional Staff be increased from the present.3% of gross salary to.54% of gross salary, effective Feb. 1st, That the Executive Board recommends approval of the Proposed Budget for the 2004/2005 year.

Discussion & Questions

Budget Options 1. Fund $260,000 from contingency 2. Fund $260,000 from dues 3. Fund $260,000 from a combination of contingency & dues Notes: Each $100,000 = of dues Option 2 requires dues to rise from to of salary

How Much Are Dues? Currently of salary A member earning $50k pays per pay: At = $5.77 At = $7.69 At = $9.62 At = $10.77 [UBC FA pays ]

Dues Survey OrganizationDescriptionDues AAPSUBC0.3% AAPSASFU Admin and Professional Staff Association 0.45% Faculty Assoc.UBC Faculty0.528% FSABCIT - Faculty & Staff Association (certified union) 1.0% FSAUniversity College of the Fraser Valley – Faculty and Staff Association (certified union) [450 faculty, 300 staff] 1.5% PIPSCProfessional Institute of the Public Service of Canada (certified union) $47/month or $564/year or approximately: 0.9% ~