The Thistle Budget
FY2014 (July 1, 2013 - June 30, 2014)
Thistle publishes a yearbook each year to commemorate life on campus.
JFC Rep: Jonathan Mark (jemark)
Summary
| Requested | |
|---|---|
| Expenditures | $35,044.00 |
| Capital | $4,825.00 |
| Revenue | ($29,037.50) |
| Final | $6,006.50 |
| Recommended | |
|---|---|
| Expenditures | $34,563.00 |
| Capital | $2,625.00 |
| Revenue | ($29,037.50) |
| Final | $5,525.50 |
| Final | |
|---|---|
| Expenditures | $36,113.00 |
| Capital | $2,625.00 |
| Revenue | ($29,037.50) |
| Debt | ($0.00) |
| Rollover | ($5,109.06) |
| Total Subsidy | $7,075.50 |
| FY14 Starting Balance | $12,184.56 |
Debt/Rollover Explanation:
Income and Revenue
| Object Code | Requested | Recommended | Final | Description |
|---|---|---|---|---|
| Revenue-Rental and Sales Income (-) | $23,437.50 | $23,437.50 | $23,437.50 |
330 books in total. 50 sold during 15% discount, in line with previous year's sales. 270 * $75/book of predicted sales, based upon predicted total sales. |
| Revenue-Donations/Other Income (-) | $5,600.00 | $5,600.00 | $5,600.00 |
Contract with advertising company guarantees $5,600 in advertising. Promised 7 pages of $800 dollars per page. |
| Ops-Gifts and Prizes (+) | $0.00 | $0.00 | $1,000.00 |
Cost of producing the books that get given to departments/administrators |
| Sub-Total | -$29,037.50 | -$29,037.50 | -$28,037.50 |
Student Employment
| Object Code | Requested | Recommended | Final | Description |
|---|---|---|---|---|
| Salary-Payroll and Benefits (+) | $5,000.00 | $5,000.00 | $5,000.00 |
Copy, Design, Photo, Managing, Business Editors (5): $1,000 annual salary (each). Covered by revenue from book sales. Necessary for sustaining operations. |
| Salary-Payroll and Benefits (+) | $1,500.00 | $1,500.00 | $1,500.00 |
Editor in Chief: $1,500 annual salary. |
| Sub-Total | $6,500.00 | $6,500.00 | $6,500.00 |
Advertising Public Relations
| Object Code | Requested | Recommended | Final | Description |
|---|---|---|---|---|
| Ops-Postal Services (+) | $2,640.00 | $2,640.00 | $2,640.00 |
Letters to parents: 6000 students * $0.44/postage stamp. Amount includes labor for bulk postage. It is important parents know about the yearbook, because it is often them who pay for the yearbook and encourage their children to buy them. Priority 1 |
| Ops-Advertising and Publicity (+) | $400.00 | $250.00 | $400.00 |
Posters used to promote purchasing the yearbook and for attendance of senior portrait sessions. Priority 2 Appeal granted. Our metric does not make sense for this |
| Ops-Advertising and Publicity (+) | $100.00 | $0.00 | $200.00 |
Fliers placed in SMC mailboxes to remind students to purchase yearbooks. Priority 3 Appeal granted after hearing about the impact this has |
| Food-Refreshments for Events (+) | $0.00 | $0.00 | $200.00 |
Food for advertising event |
| Sub-Total | $3,140.00 | $2,890.00 | $3,440.00 |
Capital Equipment
| Object Code | Requested | Recommended | Final | Description |
|---|---|---|---|---|
| Capital Expense Fund (+) | $2,250.00 | $2,250.00 | $2,250.00 |
Adobe CS6 Master Collection, Student edition. Three copies (one for each computer) priced at $750 each. We have not updated since CS2 and there are many functionalities we would like, and our current software will not run after we update the operating system. |
| Capital Expense Fund (+) | $60.00 | $60.00 | $60.00 |
Mac OS 10.6 for each three computers so that they can run the new Adobe software and get the necessary software updates so they can run basic functions like flash (which is necessary for yearbook specific applications that are online). Mac stopped supporting 10.5, so this is necessary. |
| Capital Expense Fund (+) | $315.00 | $315.00 | $315.00 |
64GB Compact Flash. Three memory cards, each priced at $105 for each of the cameras we use for major events. Smaller memory cards that we've been using cannot handle .RAW file types. |
| Capital Expense Fund (+) | $200.00 | $0.00 | $0.00 |
Nikon 35mm f/1.8G AF-S DX Lens used for event and outdoor campus stock photography. |
| Capital Expense Fund (+) | $2,000.00 | $0.00 | $0.00 |
Nikon 14-24mm f/2.8G ED AF-S Nikkor Wide Angle Zoom Lens used for event and outdoor campus stock photography. |
| Sub-Total | $0.00 | $0.00 | $0.00 |
Uncategorized Items
| Object Code | Requested | Recommended | Final | Description |
|---|---|---|---|---|
| Food-Refreshments for General Body Meetings (+) | $200.00 | $24.00 | $24.00 |
Food for: editor, design, photo meetings, and all-staff meetings. Get snacks |
| Ops-Postal Services (+) | $150.00 | $150.00 | $150.00 |
For books that are "Return to Sender." |
| Ops-General Supplies (+) | $75.00 | $50.00 | $50.00 |
Stationary, pens, hole puncher, stapler, various office supplies that need replenishing. |
| Ops-General Supplies (+) | $100.00 | $100.00 | $100.00 |
Toner and printer paper for office. |
| Ops-Event Supplies (+) | $30.00 | $0.00 | $0.00 |
Funds to purchase tickets for campus events when we can't acquire a press pass. Won't fund |
| Sub-Total | $555.00 | $324.00 | $324.00 |
Printing & Publication Costs
| Object Code | Requested | Recommended | Final | Description |
|---|---|---|---|---|
| Ops-Non-Promotional Paper, Printing, and Pub. (+) | $24,849.00 | $24,849.00 | $24,849.00 |
330 books * $75.30/book publication cost. |
| Sub-Total | $24,849.00 | $24,849.00 | $24,849.00 |
By Object Code
| Object Code | Requested | Recommended | Final | Description |
|---|---|---|---|---|
| Capital Expense Fund (+) | $2,250.00 | $2,250.00 | $2,250.00 | Adobe CS6 Master Collection, Student edition. Three copies (one for each computer) priced at $750 each. We have not updated since CS2 and there are many functionalities we would like, and our current software will not run after we update the operating system. |
| Capital Expense Fund (+) | $60.00 | $60.00 | $60.00 | Mac OS 10.6 for each three computers so that they can run the new Adobe software and get the necessary software updates so they can run basic functions like flash (which is necessary for yearbook specific applications that are online). Mac stopped supporting 10.5, so this is necessary. |
| Capital Expense Fund (+) | $315.00 | $315.00 | $315.00 | 64GB Compact Flash. Three memory cards, each priced at $105 for each of the cameras we use for major events. Smaller memory cards that we've been using cannot handle .RAW file types. |
| Capital Expense Fund (+) | $200.00 | $0.00 | $0.00 | Nikon 35mm f/1.8G AF-S DX Lens used for event and outdoor campus stock photography. |
| Capital Expense Fund (+) | $2,000.00 | $0.00 | $0.00 | Nikon 14-24mm f/2.8G ED AF-S Nikkor Wide Angle Zoom Lens used for event and outdoor campus stock photography. |
| Food-Refreshments for Events (+) | $0.00 | $0.00 | $200.00 | |
| Food-Refreshments for General Body Meetings (+) | $200.00 | $24.00 | $24.00 | Food for: editor, design, photo meetings, and all-staff meetings. |
| Ops-Advertising and Publicity (+) | $400.00 | $250.00 | $400.00 | Posters used to promote purchasing the yearbook and for attendance of senior portrait sessions. Priority 2 |
| Ops-Advertising and Publicity (+) | $100.00 | $0.00 | $200.00 | Fliers placed in SMC mailboxes to remind students to purchase yearbooks. Priority 3 |
| Ops-Event Supplies (+) | $30.00 | $0.00 | $0.00 | Funds to purchase tickets for campus events when we can't acquire a press pass. |
| Ops-General Supplies (+) | $75.00 | $50.00 | $50.00 | Stationary, pens, hole puncher, stapler, various office supplies that need replenishing. |
| Ops-General Supplies (+) | $100.00 | $100.00 | $100.00 | Toner and printer paper for office. |
| Ops-Gifts and Prizes (+) | $0.00 | $0.00 | $1,000.00 | |
| Ops-Non-Promotional Paper, Printing, and Pub. (+) | $24,849.00 | $24,849.00 | $24,849.00 | 330 books * $75.30/book publication cost. |
| Ops-Postal Services (+) | $2,640.00 | $2,640.00 | $2,640.00 | Letters to parents: 6000 students * $0.44/postage stamp. Amount includes labor for bulk postage. It is important parents know about the yearbook, because it is often them who pay for the yearbook and encourage their children to buy them. Priority 1 |
| Ops-Postal Services (+) | $150.00 | $150.00 | $150.00 | For books that are "Return to Sender." |
| Revenue-Donations/Other Income (-) | $5,600.00 | $5,600.00 | $5,600.00 | Contract with advertising company guarantees $5,600 in advertising. Promised 7 pages of $800 dollars per page. |
| Revenue-Rental and Sales Income (-) | $23,437.50 | $23,437.50 | $23,437.50 | 330 books in total. 50 sold during 15% discount, in line with previous year's sales. 270 * $75/book of predicted sales, based upon predicted total sales. |
| Salary-Payroll and Benefits (+) | $5,000.00 | $5,000.00 | $5,000.00 | Copy, Design, Photo, Managing, Business Editors (5): $1,000 annual salary (each). Covered by revenue from book sales. Necessary for sustaining operations. |
| Salary-Payroll and Benefits (+) | $1,500.00 | $1,500.00 | $1,500.00 | Editor in Chief: $1,500 annual salary. |
By Ocode
| Requested | |
|---|---|
| Capital Expense Fund | $4,825.00 |
| Food-Refreshments for Events | $0.00 |
| Food-Refreshments for General Body Meetings | $200.00 |
| Ops-Advertising and Publicity | $500.00 |
| Ops-Event Supplies | $30.00 |
| Ops-General Supplies | $175.00 |
| Ops-Gifts and Prizes | $0.00 |
| Ops-Non-Promotional Paper, Printing, and Pub. | $24,849.00 |
| Ops-Postal Services | $2,790.00 |
| Revenue-Donations/Other Income | $5,600.00 |
| Revenue-Rental and Sales Income | $23,437.50 |
| Salary-Payroll and Benefits | $6,500.00 |
| Recommended | |
|---|---|
| Capital Expense Fund | $2,625.00 |
| Food-Refreshments for Events | $0.00 |
| Food-Refreshments for General Body Meetings | $24.00 |
| Ops-Advertising and Publicity | $250.00 |
| Ops-Event Supplies | $0.00 |
| Ops-General Supplies | $150.00 |
| Ops-Gifts and Prizes | $0.00 |
| Ops-Non-Promotional Paper, Printing, and Pub. | $24,849.00 |
| Ops-Postal Services | $2,790.00 |
| Revenue-Donations/Other Income | $5,600.00 |
| Revenue-Rental and Sales Income | $23,437.50 |
| Salary-Payroll and Benefits | $6,500.00 |
| Final | |
|---|---|
| Capital Expense Fund | $2,625.00 |
| Food-Refreshments for Events | $200.00 |
| Food-Refreshments for General Body Meetings | $24.00 |
| Ops-Advertising and Publicity | $600.00 |
| Ops-Event Supplies | $0.00 |
| Ops-General Supplies | $150.00 |
| Ops-Gifts and Prizes | $1,000.00 |
| Ops-Non-Promotional Paper, Printing, and Pub. | $24,849.00 |
| Ops-Postal Services | $2,790.00 |
| Revenue-Donations/Other Income | $5,600.00 |
| Revenue-Rental and Sales Income | $23,437.50 |
| Salary-Payroll and Benefits | $6,500.00 |
Summary
| Requested | |
|---|---|
| Expenditures | $35,044.00 |
| Capital | $4,825.00 |
| Revenue | ($29,037.50) |
| Final | $6,006.50 |
| Recommended | |
|---|---|
| Expenditures | $34,563.00 |
| Capital | $2,625.00 |
| Revenue | ($29,037.50) |
| Final | $5,525.50 |
| Final | |
|---|---|
| Expenditures | $36,113.00 |
| Capital | $2,625.00 |
| Revenue | ($29,037.50) |
| Debt | ($0.00) |
| Rollover | ($5,109.06) |
| Total Subsidy | $7,075.50 |
| FY14 Starting Balance | $12,184.56 |
Debt/Rollover Explanation: