The Thistle Budget
FY2015 (July 1, 2014 - June 30, 2015)
Thistle publishes a yearbook each year to commemorate life on campus.
JFC Rep: Jalen Poteat (jalenw)
Summary
| Requested | |
|---|---|
| Expenditures | $28,490.00 |
| Capital | $1,000.00 |
| Revenue | ($22,300.00) |
| Final | $6,190.00 |
| Recommended | |
|---|---|
| Expenditures | $28,490.00 |
| Capital | $1,000.00 |
| Revenue | ($22,300.00) |
| Final | $6,190.00 |
| Final | |
|---|---|
| Expenditures | $28,490.00 |
| Capital | $1,000.00 |
| Revenue | ($22,300.00) |
| Debt | ($61.56) |
| Rollover | ($0.00) |
| Total Subsidy | $6,190.00 |
| FY15 Starting Balance | $6,128.44 |
Debt/Rollover Explanation:
Income and Revenue
| Object Code | Requested | Recommended | Final | Description |
|---|---|---|---|---|
| Revenue-Rental and Sales Income (-) | $16,700.00 | $16,700.00 | $16,700.00 |
230 books in total at $75 a book. Based on previous sales, 50 will be at a 15% discount. |
| Revenue-Outside Funding (-) | $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 (+) | $1,000.00 | $1,000.00 | $1,000.00 |
Cost of producing the books that get given to departments/administrators |
| Sub-Total | -$21,300.00 | -$21,300.00 | -$21,300.00 |
Student Employment
| Object Code | Requested | Recommended | Final | Description |
|---|---|---|---|---|
| Salary-Payroll and Benefits (+) | $1,500.00 | $1,500.00 | $1,500.00 |
Editor in Chief: $1,500 annual salary |
| 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. |
| Sub-Total | $6,500.00 | $6,500.00 | $6,500.00 |
Advertising
| 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. |
| Ops-Advertising and Publicity (+) | $200.00 | $200.00 | $200.00 |
Fliers placed in SMC mailboxes to remind students to purchase yearbooks. |
| Ops-Advertising and Publicity (+) | $200.00 | $200.00 | $200.00 |
Funds to print large posters from Kinkos advertising The Thistle. |
| Food-Refreshments for Events (+) | $200.00 | $200.00 | $200.00 |
Food for an advertising events: hot chocolate/cookies promotion give away during winter finals and coffee/pastries during spring carnival to drive up sales. |
| Ops-Advertising and Publicity (+) | $200.00 | $200.00 | $200.00 |
Money to run off 300 promotional pens (labeled with The Thistle) because despite our very long history people still don't know what the yearbook is. |
| Sub-Total | $3,440.00 | $3,440.00 | $3,440.00 |
Capital Funding
| Object Code | Requested | Recommended | Final | Description |
|---|---|---|---|---|
| Capital Expense Fund (+) | $1,000.00 | $1,000.00 | $1,000.00 |
Money to buy a Canon t5i. Currently we rely on photo editors who use their own slr cameras and purchasing a new camera gives more options for photographing events and lessens the burden on the main photo editor. |
| Sub-Total | $0.00 | $0.00 | $0.00 |
Uncategorized Items
| Object Code | Requested | Recommended | Final | Description |
|---|---|---|---|---|
| Food-Refreshments for General Body Meetings (+) | $150.00 | $150.00 | $150.00 |
Food for a gbm in the fall and in the spring for new and interested members. |
| Sub-Total | $150.00 | $150.00 | $150.00 |
Yearbooks
| Object Code | Requested | Recommended | Final | Description |
|---|---|---|---|---|
| Ops-Postal Services (+) | $150.00 | $150.00 | $150.00 |
To ship books back sent to the wrong address. |
| Ops-Non-Promotional Paper, Printing, and Pub. (+) | $17,250.00 | $17,250.00 | $17,250.00 |
Funds to print off 230 yearbooks at $75 a book. |
| Sub-Total | $17,400.00 | $17,400.00 | $17,400.00 |
Yearbooks
| Object Code | Requested | Recommended | Final | Description |
|---|---|---|---|---|
| Capital Expense Fund (+) | $0.00 | $0.00 |
Sample Line Item |
|
| Sub-Total | $0.00 | $0.00 | $0.00 |
By Object Code
| Object Code | Requested | Recommended | Final | Description |
|---|---|---|---|---|
| Capital Expense Fund (+) | $1,000.00 | $1,000.00 | $1,000.00 | Money to buy a Canon t5i. Currently we rely on photo editors who use their own slr cameras and purchasing a new camera gives more options for photographing events and lessens the burden on the main photo editor. |
| Capital Expense Fund (+) | $0.00 | $0.00 | Sample Line Item | |
| Food-Refreshments for Events (+) | $200.00 | $200.00 | $200.00 | Food for an advertising events: hot chocolate/cookies promotion give away during winter finals and coffee/pastries during spring carnival to drive up sales. |
| Food-Refreshments for General Body Meetings (+) | $150.00 | $150.00 | $150.00 | Food for a gbm in the fall and in the spring for new and interested members. |
| Ops-Advertising and Publicity (+) | $200.00 | $200.00 | $200.00 | Fliers placed in SMC mailboxes to remind students to purchase yearbooks. |
| Ops-Advertising and Publicity (+) | $200.00 | $200.00 | $200.00 | Funds to print large posters from Kinkos advertising The Thistle. |
| Ops-Advertising and Publicity (+) | $200.00 | $200.00 | $200.00 | Money to run off 300 promotional pens (labeled with The Thistle) because despite our very long history people still don't know what the yearbook is. |
| Ops-Gifts and Prizes (+) | $1,000.00 | $1,000.00 | $1,000.00 | Cost of producing the books that get given to departments/administrators |
| Ops-Non-Promotional Paper, Printing, and Pub. (+) | $17,250.00 | $17,250.00 | $17,250.00 | Funds to print off 230 yearbooks at $75 a book. |
| 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. |
| Ops-Postal Services (+) | $150.00 | $150.00 | $150.00 | To ship books back sent to the wrong address. |
| Revenue-Outside Funding (-) | $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 (-) | $16,700.00 | $16,700.00 | $16,700.00 | 230 books in total at $75 a book. Based on previous sales, 50 will be at a 15% discount. |
| Salary-Payroll and Benefits (+) | $1,500.00 | $1,500.00 | $1,500.00 | Editor in Chief: $1,500 annual salary |
| 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. |
By Ocode
| Requested | |
|---|---|
| Capital Expense Fund | $1,000.00 |
| Food-Refreshments for Events | $200.00 |
| Food-Refreshments for General Body Meetings | $150.00 |
| Ops-Advertising and Publicity | $600.00 |
| Ops-Gifts and Prizes | $1,000.00 |
| Ops-Non-Promotional Paper, Printing, and Pub. | $17,250.00 |
| Ops-Postal Services | $2,790.00 |
| Revenue-Outside Funding | $5,600.00 |
| Revenue-Rental and Sales Income | $16,700.00 |
| Salary-Payroll and Benefits | $6,500.00 |
| Recommended | |
|---|---|
| Capital Expense Fund | $1,000.00 |
| Food-Refreshments for Events | $200.00 |
| Food-Refreshments for General Body Meetings | $150.00 |
| Ops-Advertising and Publicity | $600.00 |
| Ops-Gifts and Prizes | $1,000.00 |
| Ops-Non-Promotional Paper, Printing, and Pub. | $17,250.00 |
| Ops-Postal Services | $2,790.00 |
| Revenue-Outside Funding | $5,600.00 |
| Revenue-Rental and Sales Income | $16,700.00 |
| Salary-Payroll and Benefits | $6,500.00 |
| Final | |
|---|---|
| Capital Expense Fund | $1,000.00 |
| Food-Refreshments for Events | $200.00 |
| Food-Refreshments for General Body Meetings | $150.00 |
| Ops-Advertising and Publicity | $600.00 |
| Ops-Gifts and Prizes | $1,000.00 |
| Ops-Non-Promotional Paper, Printing, and Pub. | $17,250.00 |
| Ops-Postal Services | $2,790.00 |
| Revenue-Outside Funding | $5,600.00 |
| Revenue-Rental and Sales Income | $16,700.00 |
| Salary-Payroll and Benefits | $6,500.00 |
Summary
| Requested | |
|---|---|
| Expenditures | $28,490.00 |
| Capital | $1,000.00 |
| Revenue | ($22,300.00) |
| Final | $6,190.00 |
| Recommended | |
|---|---|
| Expenditures | $28,490.00 |
| Capital | $1,000.00 |
| Revenue | ($22,300.00) |
| Final | $6,190.00 |
| Final | |
|---|---|
| Expenditures | $28,490.00 |
| Capital | $1,000.00 |
| Revenue | ($22,300.00) |
| Debt | ($61.56) |
| Rollover | ($0.00) |
| Total Subsidy | $6,190.00 |
| FY15 Starting Balance | $6,128.44 |
Debt/Rollover Explanation: