1. Critical Assumptions What are Critical Assumptions?

2. Format To: From: Date: Project:

3. This budget is based on the following critical assumptions: Shoot - an estimated # Day shooting schedule, based on the # draft of the script. Location - where, and what is the surrounding area? Unions - non-union, or will it be SAG, WGA, Teamster, DGA? If it is non-union, you must cite that.

4. Critical Assumptions cont. Prep - ## of days, weeks, Monday-Friday Principal Photography: ## days.  Scheduled start date is M/D/Y.  Scheduled wrap is M/D/Y.

5. Critical Assumption cont. Post Production  ## of weeks (5 day workweeks)  Scheduled start date is M/D/Y at Columbia College Chicago.  The finished film is expected to be ready and screened M/D/Y.

6. Critical Assumptions Cont. Professional Crew List all crew that are not Columbia College students that you will have to pay. Other crew must be accounted for, for craft service, catering, and general bodies that are going to need parking, etc.

7. Assume the following ATL Costs: Script: Est. Development Costs, WGA registration, US Copyright Office, Script Option Cost. Cast: Actor’s name, SAG or Non-Union. Fill in the amount that this will cost.

8. ATL Costs Travel and Living: Example - 3 x nights at the Holiday Inn at $45 per night, 10 crew members and cast. In accordance with SAG student film guidelines applicable to ? Rehearsals: Assume rehearsal time will take place (date, time, place and attendees) Stunts: Stunt Coordinator $$$

9. Below the Line Costs: Schedule: There are ## days of Principal Photography. There are ## Days of Second Unit Scheduled to shoot in ?? Location. Holidays (list all holidays and date itself) Shooting Days: Based on a ## hour day, or more for some departments.

10. BTL Continued. Key Crew Rates : (in the event you pay any crew to work) Example: Steadicam operator $400/day Film is ?? (super 16mm, 35mm) Food Costs: all food costs are created through the following assumptions: how many crew, how many meals, cost per meal, names of restaurants. Also include Craft Service.

11. BTL Continued…. Transportation Costs This cost center includes the total, based on the following assumptions:  How much crew will be reimbursed for travel?  By what means? Gas, Taxi, public transportation, car rental?  Are cast members going to be self drive? If so, are you reimbursing them?

12. BTL Continued… Construction: the following sets will be built either on a stage or in a warehouse which has been converted for use as a stage. All other sets are assumed to be practical, with enhancements:  Int. Print Shop… Cover Set  Int. Book Store…. Cover Set

13. BTL continued…. Production Design: the following will be bought…. Storyboards: there is an allowance of $$ for storyboards. Artists will be coming from ? Special Effects: There is a budget of $ for special effects to include all labor and materials, including Second Unit. (All special effects planning was approved or will be approved by CCC faculty and staff.)

14. BTL continued…. Animals: there is an allowance of $ to include all live action photography with animals, including an animal wrangler. Picture Cars: There is an allowance of $. Tests: There is an allowance of $ for make-up and hair tests (name the types of tests that will take place) Facilities: Describe key locations for Principal Photography.

15. Post/Visual Effects/Music Post: It allows for a ?? Week schedule (electronic editing - 5 day work week) Post-production Supervisor: the post-production supervisor is ___ and will work (describe work schedule: how many days per week?) Music: An allowance of $ is included to cover all costs of score, assuming score is recorded in Chicago. There is an additional $ to cover all other music costs, such as licensed music.

16. Post/Visual Effects/Music Visual effects: There is a VFX allowance of $?. Greenscreen: Assume greenscreen shots for the following sequences: Production to provide all live action elements. Post-Production sound: All ADR is explected to be done (where and by whom?)

17. Post/Visual Effects/Music Main and End Titles: The titles will be designed by ?? And will be delivered no later then ?? Dailies: Assumes viewing film (video or online) dailies (where?)

18. General Expenses Legal Costs: Includes estimates for production,distribution, financing, music, labor relations, clearance administration, expenses, incorporation fees, copyright report and title report.

19. Other Production Insurance: An estimate of ??% of cost is assumed. (Standard coverage maybe provided through CCC. There are a number of different types of coverage that must be coordinated and confirmed with Charles Celander. Completion Bond: An estimate of ??% of cost is assumed (for a student film, this will not be applicable) Contingency: There is a 10% contingency included in the bottom line.