ALA-APA Fiscal 2010 Budget Update for the Eight Months Ending April 30, 2010 Rod Hersberger – Treasurer Annual Conference – Washington, DC 2010 ALA-APACD # Annual Conference Monday – June,

FY 10 Budget Adjustments Management closely monitored incoming revenue Management closely monitored incoming revenue Adjusted expected expenditures to meet lower projected revenue Adjusted expected expenditures to meet lower projected revenue Transferred half-time research assistant to HRDR Transferred half-time research assistant to HRDR Director position now devoting 50% of time to the work of the APA and 23% to work on IMLS grant Director position now devoting 50% of time to the work of the APA and 23% to work on IMLS grant

ALA-APA Operating Revenues as of April 30, 2010 Salary Survey $ 14,244 Library Worklife $ 64,068 Certification $ 15,915 Donations $ 4,408 Returns $ (822) Other $ 71 Total Revenues $ 97,884

ALA-APA Operating Expenses as of April 30, 2010 Payroll $ 35,953 Outside Services $ 8,202 Travel & Related $ 1,811 Meetings & Conferences $ - Publishing Related $ 1,712 Operating $ 16,506 ORS Contract $ (9,093) Total Expenses $ 55,091

ALA-APA Net Revenue as of April 30, 2010 (And Loan Balance) Total Revenues $ 97,884 $145,561 Total Expenses $ 55,091 $102,045* Net Revenue $ 42,793 $ 43,516 Beginning Net Asset Balance $ (263,671) $(263,617) Ending Net Asset Balance $ (220,878) $(220,101) Approved Loan Amount Amount Borrowed Principal Repayment Loan Outstanding $ 275,000 $ 263,671 $ 25,000 $ 238,671 *Includes loan interest payment Actual Projected YE

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ALA-APA Fiscal 2011 Budgetary Ceiling Rod Hersberger – Treasurer Annual Conference – Washington, DC ALA-APACD # Annual Conference Monday – June 28, 2010

ALA-APA Budget Request Operating Revenues DUES $ 0 SALE OF MATERIALS – Salary Survey $ 14,648 SUBSCRIPTIONS – Library Worklife $ 109,800 RETURNS $ 0 CERTIFICATION FEES $ 47,100 GRANTS & AWARDS $ 0 CONTRIBUTIONS $ 6,000 OTHER $ 0 TOTAL REVENUES $ 177,548

ALA-APA Budget Request Operating Expenses PAYROLL $ 73,862 OUTSIDE SERVICES $ 13,990 TRAVEL $ 12,500 MEETING & CONFERENCES $ 1,000 PUBLICATIONS $ (2,868) OPERATING* $ 34,342 TOTAL EXPENSES$132,826 *Includes interest payment ($7,875)

FY11 ALA-APA Budgeted Net Revenue FY11 ALA-APA Budgeted Net Revenue Total Revenues $ 177,548 Total Expenses $ 132,826 Net Revenue $ 44,722 Beginning Net Asset Balance $ (184,670)* Ending Net Asset Balance $ (139,948) *Based on February 2010 projections

Action Approval of the ALA-APA Fiscal Year 2011 Budgetary Ceiling of $242,878 $242,878

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