Budget to Actuals: FY2022 (12/01/2021 – 11/30/2022)
| 2022 Budget to Actuals | |||||||
| 1 | CASH INFLOW | Q1-Q3 Actual | Q4 Forecast | 2022 Forecast | 2022 Budget | Variance ($) | Variance (%) |
| 2 | Stamping Fee Revenue | 30,285,627 | 10,714,373 | 41,000,000 | 37,750,000 | 3,250,000 | 8.6% |
| 3 | |||||||
| 4 | Operating Expense | Q1-Q3 Actual | Forecast Q4 | 2022 Forecast | 2022 Budget | Variance ($) (-) Under Budget | Variance (%) (-) Under Budget |
| 5 | Salaries & Benefits | 11,646,096 | 4,300,910 | 15,947,005 | 15,922,245 | 24,760 | 0.2% |
| 6 | Temporary Help | 35,875 | 4,000 | 39,875 | 16,000 | 23,875 | 149.2% |
| 7 | Internship | - | - | - | 120,000 | (120,000) | (100.0%) |
| 8 | Employee Relations | 186,532 | 44,925 | 231,457 | 172,700 | 58,757 | 34.0% |
| 9 | Rent | 858,001 | 184,200 | 1,042,201 | 1,031,100 | 11,101 | 1.1% |
| 10 | Insurance | 138,869 | 42,000 | 180,869 | 168,000 | 12,869 | 7.7% |
| 11 | Taxes | 15,447 | 1,500 | 16,947 | 6,000 | 10,947 | 182.5% |
| 12 | Telecom | 314,752 | 128,205 | 442,957 | 538,620 | (95,663) | (17.76%) |
| 13 | Supplies | 253,626 | 58,500 | 312,126 | 279,000 | 33,126 | 11.9% |
| 14 | Postage and Delivery | 29,933 | 15,000 | 44,933 | 60,000 | (15,067) | (25.11%) |
| 15 | Printing and Reproduction | 2,762 | 9,000 | 11,762 | 30,500 | (18,738) | (61.44%) |
| 16 | Travel | 177,618 | 115,300 | 292,918 | 381,350 | (88,432) | (23.19%) |
| 17 | Events | 90,910 | 147,500 | 238,410 | 321,500 | (83,090) | (25.84%) |
| 18 | Equipment Rental | 45,387 | 18,000 | 63,387 | 72,000 | (8,613) | (11.96%) |
| 19 | Computing & Network | 119,463 | 15,000 | 134,463 | 150,000 | (15,537) | (10.36%) |
| 20 | Document Management | 36,159 | 10,500 | 46,659 | 42,000 | 4,659 | 11.1% |
| 23 | Professional Services | 414,222 | 161,650 | 575,872 | 591,467 | (15,595) | (2.64%) |
| 24 | Software Support & Maintenance | 572,864 | 500,000 | 1,072,864 | 1,180,000 | (107,136) | (9.08%) |
| 25 | Communications Mediums | 15,376 | - | 15,376 | - | 15,376 | 100.0% |
| 26 | Professional Development | 97,597 | 236,062 | 333,659 | 336,079 | (2,420) | (0.72%) |
| 27 | Contributions | 113,801 | - | 113,801 | 120,000 | (6,199) | (5.17%) |
| 28 | Dues and Subscriptions | 227,622 | 20,366 | 247,988 | 201,108 | 46,880 | 23.3% |
| 29 | Membership Engagement | 63,596 | 97,500 | 161,096 | 220,344 | (59,248) | (26.89%) |
| 30 | Miscellaneous | 25,906 | 50,000 | 75,906 | 70,000 | 5,906 | 8.4% |
| 31 | Bank Service Charges | 65,686 | 17,800 | 83,486 | 71,200 | 12,286 | 17.3% |
| 32 | Interest Expense | 415 | 1,500 | 1,915 | 16,500 | (14,585) | (88.39%) |
| 33 | Total Operating Expense | 15,548,516 | 6,179,417 | 21,727,933 | 22,117,713 | (389,780) | (1.76%) |
| 34 | |||||||
| 35 | Capital Expenditures | Q1-Q3 Actual | Forecast Q4 | 2022 Forecast | 2022 Budget | Variance ($) (-) Under Budget | Variance (%) (-) Under Budget |
| 36 | CRM V2.0 | 470,836 | 425,000 | 895,836 | 900,000 | (4,164) | (0.46%) |
| 37 | SLA Learning Center Diversification Enhancements | - | 170,000 | 170,000 | 170,000 | - | 0.0% |
| 38 | SLA Data Analytics 3.0 | 50,000 | - | 50,000 | 50,000 | - | 0.0% |
| 39 | Total Capital Expenditures | 520,836 | 595,000 | 1,115,836 | 1,120,000 | (4,164) | (0.37%) |
| 40 | |||||||
| 41 | Total Cash Outflow | 16,069,352 | 6,774,417 | 22,843,769 | 23,237,713 | (393,944) | (1.70%) |