1. 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.

2. AAPS Treasurer’s Report Strategic Outlook Budget 2004 / 2005

3. Handouts 2004/05 Budget Notes of this presentation

4. 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

5. 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.

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

7. 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.

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

9. 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

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

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

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

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

14. 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

15. 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, 2005. 2.That the Executive Board recommends approval of the Proposed Budget for the 2004/2005 year.

16. Discussion & Questions

17. 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 = 0.001 of dues Option 2 requires dues to rise from 0.003 to 0.0056 of salary

18. How Much Are Dues? Currently 0.003 of salary A member earning $50k pays per pay: At 0.003 = $5.77 At 0.004 = $7.69 At 0.005 = $9.62 At 0.0056 = $10.77 [UBC FA pays 0.00528]

19. 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% ~