1. ALA-APA Fiscal 2010 Budget Update for the Eight Months Ending April 30, 2010 Rod Hersberger – Treasurer Annual Conference – Washington, DC 2010 ALA-APACD #4.2 2009-10 Annual Conference Monday – June, 28 2010

2. 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

3. 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

4. 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

5. 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

6. Thanks for your Attention

7. ALA-APA Fiscal 2011 Budgetary Ceiling Rod Hersberger – Treasurer Annual Conference – Washington, DC ALA-APACD #4.3 2009-10 Annual Conference Monday – June 28, 2010

8. 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

9. 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)

10. 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

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

12. Thanks for your Attention