BOARD OF TRUSTEES MEETING December 7, 2015 4 – 5 PM … · 2019-08-19 · 1 BOARD OF TRUSTEES...

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BOARD OF TRUSTEES MEETING

December 7, 2015 4 – 5 PM

AGC Conference Center, Seattle, Washington PURPOSE OF MEETING: To conduct the business affairs and establish policies of the association. DESIRED OUTCOMES:

• Knowledge of key association activities. • Approval of recommended bylaw changes. • Adoption of 2016 Operating & Capital Budget.

AGENDA TAB

CONSENT AGENDA (3 min.) 1. Approval of November summary minutes 1 2. Approval of December Membership report 2 WRITTEN REPORTS

1. District Reports: Central, Northern, Seattle, Southern 3 2. Department Reports: Federal Facilities, Public Works, State Facilities 4

ORAL REPORTS 1. President’s Report (5 min.) a. Outgoing Board: Past President Joe Simmons; Secretary/Treasurer Mark Seaman; Trustee Todd Kunzman; Trustee Ken Day; and, Non-member Trustee John Schaufelberger 2. Executive Vice President’s Report (5 min.) a. AGC of America update b. Questions / comments for staff / Officers? 3. First Vice President’s Report – Nancy Munro (5 min.) a. Annual Convention update 4. AGC investment portfolio review – Greg Robinson, Marshall & Sullivan (15 min.) INTERACTIVE DISCUSSION/ACTION

1. Review / approval of October Financials – Controller Kelly Barber (10 min.) 5 2. Proposed Bylaw changes – Gary Smith (10 min.) 6

a. Should we change subcontractor membership to specialty contractor membership? b. Electronic invoicing of membership dues c. One FLF representative on AGC Board d. Membership dues billing verbiage change

3. Approval of proposed 2016 Legislative Priorities – Chief Lobbyist Jerry VanderWood (5 min.) 7

4. Approval of Proposed 2016 Operating & Capital Budget – Kelly Barber (5 min.) 8 .OTHER BUSINESS (2 min.)

1. Announcements: Dec. 7 Seattle District Holiday Open House, 5 PM, Harborside Rm. Dec. 8 Central District Holiday Social, Yakima Dec. 15 Central District Holiday Social, Wenatchee Dec. 17 Northern District Holiday Social, Bellingham Jan. 29 AGCWA Convention, Bellevue Hyatt Feb. 15 Board of Trustees’ Mtg., 11 AM – 1:30 PM, AGC Conference Center

5 PM Meeting adjourned

PLEASE BRING ONE, UNWRAPPED TOY FOR “TOYS FOR TOTS”

SUMMARY MINUTES AGC OF WASHINGTON BOARD OF TRUSTEES MEETING NOVEMBER 9, 2015

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BOARD MEMBERS PRESENT Gary Smith Lease Crutcher Lewis WA, LLC Ken Day Ness & Campbell Crane, Inc. Mike Grace Groff Murphy, PLLC Jake Jacobson Osborne Construction Company Todd Kunzman Andgar Corporation Annie Lombroia Ashbaugh Beal Brent Levander Centennial Contractors Enterprises Paul Mayo Flatiron Constructors, Inc. Nancy Munro MidMountain Contractors, Inc. Jim Rowley Howard S. Wright, Balfour Beatty Co. J. Schaufelberger UW College of Built Environments Mark Seaman J.R. Abbott Construction Inc. Glyn Slattery Lydig Construction, Inc. Gordon Spencer Teknon Corporation Mickey Traugutt Washington Patriot Construction LLC Sharon Young Concord Construction, Inc. BOARD MEMBERS ABSENT Delton Bonds Mountain States Const.Co Joe Simmons Joseph S. Simmons Construction, Inc. STAFF/GUESTS PRESENT David D’Hondt AGC of Washington Tim Attebery AGC of Washington Kelly Barber AGC of Washington Richard Bristow AGC of Washington Greg Crisostomo AGC of Washington Liz Evans AGC of Washington

Randy Guzman AGC of Washington Paula Jackson AGC of Washington Dave Kearby AGC of Washington Mandi Kime AGC of Washington Diane Kocer AGC Education Foundation Stacy Mullane AGC of Washington Penny Schmitt AGC of Washington Dani Tijan AGC of Washington Jerry VanderWood AGC of Washington Josiah Mooi AGC UW Chapter Jacob Wilson AGC UW Chapter Molly Roe AGC UW Chapter Ethan Buchan AGC UW Chapter Tracey Tran AGC UW Chapter Gene Colin Ferguson Construction Brett Ferullo Northwest Construction Tom Rogers Northwest Cascade John Huntley Mills Electric Co. Tom Zamzow Parsons Construction Group Frank Imhof IMCO General Construction, Inc. Ian McFarland University Mechanical Contrs., Inc. Tymon Berger Ashbaugh Beal Dan Chandler OAC Services, Inc. Ross Pouley AECOM Michele Willms AGC of Washington Gov. Inslee Guest Bill Bryant Guest

CALL TO ORDER President Gary Smith called the meeting to order at 11:00 AM.

GUBERNATORIAL CANDIDATE INTERVIEWS The Board interviewed gubernatorial candidates Bill Bryant and Governor Inslee, respectively, to determine whether or not AGC of Washington should endorse one for Governor (note: Board discussion on this issue followed later in the agenda).

CONSENT AGENDA Action: It was moved (Day), seconded (Mayo), and carried to accept the September summary minutes. It was moved (Kunzman), seconded (Slattery), and carried to accept the October and November Membership reports as presented.

Re: Membership Report (approved by Officers on 10/12/15) The following candidates have been screened and meet the proper classification requirements:

NEW MEMBERS ASSOCIATE Seattle District Applied Software, Atlanta, GA SeaTac Steel Mill & Recycling Services CO., and Edw. C Levy Company, Portage, IN

Southern District G.E.W. LLC, Le Center, WA GTM Transformations LLC, Tacoma, WA AGC of Washington is asking that the following companies be expelled from membership as they have not submitted payment for their pro-rated 2015 dues following an introductory membership:

General Contractor HHJ Inc - Southern

SUMMARY MINUTES AGC OF WASHINGTON BOARD OF TRUSTEES MEETING SEPTEMBER 14, 2015

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Subcontractor Lacey Glass – Southern Re: November 9 Membership Report The following candidates have been screened and meet the proper classification requirements:

NEW MEMBERS ASSOCIATE Northern District Materials Testing & Consulting, Inc., Burlington, WA

Seattle District Blankenship Equipment Repair, Inc., Auburn, WA Waste Management, Seattle, WA WRITTEN REPORTS The following written reports were presented to the Board: district reports from the Central, Northern, Seattle, and Southern districts; and, committee reports from the FLF, Government Affairs, and Legal Affairs (copies attached to original summary minutes). ORAL REPORTS President’s Report – President Smith reported on the following:

• AGC UW Chapter – Bill Bender from the UW Dept. of Construction Management and five student chapter representatives were in attendance at the invitation of the Officers in an effort to help revitalize relationships between the association and its student chapter. It was noted that the student chapter has a charter in place; they have already changed their name to AGC of WA UW Student Chapter. They would like to be more active in the association (through FLF, local / national convention attendance, and training, among other things). Smith noted that CWU and WSU have been more active to date. It was noted that AGC is working on its points of contact for this group; per AGC’s Strategic Plan, BHAG 1, SMART GOAL 1, Objective V: Review status of relationships with AGC Student Chapters in Washington and recommend to the AGC Board a plan to enhance the relationship, has a timeframe of September, 2016.

• Past Presidents’ Night – was another very successful event. • NCLC – The recent National Chapters Leadership Conference was attended by Smith, Munro, and

Jacobson. Per Smith, AGCWA and Inland Northwest representatives divided visits to key legislative offices; big issues included workforce development and regulatory issues.

• Actions by the Officer Corps since the last Board meeting included: a. $2,500 for the Turner School Graduation Banquet, from the Board Contingency Fund b. $2,200 for Oktoberfest FLF Event (an AGC Board-sponsored event), from the Board Contingency

Fund. c. No action taken on suggestion by attorney Kampbell & Johnson to reclassify the AGC Building

and its properties from a 501(c)6 to a 501(c)2 status. The Officers deemed it unnecessary to do this since the Building and its properties have sufficient insurance for major catastrophes.

• Labor Relations/Safety Assistant Penny Schmitt was recognized for her 10 years’ employment with AGC of Washington.

Executive Vice President’s Report – Executive Vice President Dave D’Hondt reported on the following:

• KCCCD – This year’s King County Construction Career Day event at Magnuson Park welcomed 433 high school students. D’Hondt thanked all members who volunteered their time and equipment, including Ness & Campbell Crane, Coast Crane, and Lakeside Industries. He gave special recognition to Jen Holm with the AGC Education Foundation who chaired the event this year. D’Hondt recommended the Board approve $50 gift cards to 30 SVI students who helped with KCCCD through the PAC Program.


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Action: It was moved (Kunzman), seconded (Traugutt), and carried to give $50 gift cards at Thanksgiving to 30 SVI students that helped with KCCCD; up to $1,500 from the Board Contingency Fund.

• Sea-Tac Coalition – D’Hondt circulated a flyer on the Sea-Tac Coalition.

• Nickelsville – D’Hondt reported on Nickelsville, a tiny home village for the homeless that features micro homes with electricity; a restroom facility with water and sewer, that is being planned in the Seattle area. He reported that SVI students will build one at its facility and have it shipped to its final location when completed. D’Hondt recommended the AGC purchase one home at a cost of $2,300 from the Board Contingency Fund. He reported that this is at a reduced cost from Home Depot. It was noted that 15 homes are being built.

Action: It was moved (Kunzman), seconded (Traugutt), and carried to donate $2,300 from the Board Contingency Fund for one of the micro homes for the SVI students to build.

D’Hondt was asked to find out if more homes are needed and to let Mickey Traugutt know. AGC Education Foundation – Executive Director of the AGC Education Foundation, Diane Kocer, gave a brief update on the Foundation’s Strategic Plan, noting that workforce development is a high priority along with continually improving the partnership with the AGCWA, Foundation’s Board, constituents and staff. She thanked the Board for its 35th endowment to the Foundation and presented a plaque to the AGC. INTERACTIVE DISCUSSION/ACTION Should AGCWA Endorse a Gubernatorial Candidate? President Smith reported that prior to the Board Meeting, each district held open conference calls / meetings with members to discuss the issue of whether or not to endorse one of the candidates. Smith asked district representatives to report on the meetings:

• Central District Rep Sharon Young reported that 10 members participated in their recent conference call, and it was a unanimous decision to endorse Bill Bryant, early.

• Northern District Rep Todd Kunzman reported that no one who participated in their recent conference call was in favor of Governor Inslee; it was split ½ of the members wanted to endorse Bill Bryant, early; and, ½ did not want to endorse anyone.

• Southern District Rep Mickey Traugutt reported that that his district reflected major endorsement for Bill Bryant now.

• Seattle District Rep Paul Mayo reported that no one was in favor of endorsing Governor Inslee; and, it was fairly evenly divided to either endorse Bill Bryant now or wait a while to make a final decision.

Government Affairs Chair Gene Colin thanked Dick Bristow for his “special” sandwich. He reported that GAC has no recommendation at this time for endorsement. He stated that not enough is known about Bryant at this time and questioned if AGC needed to endorse anyone? Colin remarked that he hoped the Board appreciated the power of an AGC endorsement and consider it sacred when used. AGC’s BUILD-PAC Chair Brett Ferullo stated that early dollars are most effective in a campaign; however, AGC’s BUILD-PAC was not 100% unanimous on endorsing and suggested AGC wait for the time being. He cautioned that an implied endorsement would likely lead to a future contribution. Regarding the use of PLA’s, Chief Lobbyist Jerry VanderWood clarified Bryant’s position noting that he is not 100% a proponent of them. D’Hondt stated that the Port of Seattle has PLA’s that preceded Bryant; he (Bryant) is trying to make the best of this. It was noted that on private projects, he has been successful in not having PLA’s.


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1st Vice President Nancy Munro asked what would be the negative to endorsing Bryant, if any? It was noted that while Gregoire was not happy when not endorsed by AGC, she moved on and AGC managed a relationship with her. It was reported that there is currently zero access to Governor Inslee. 2nd Vice President Jake Jacobson asked members how they intend to make a difference if there is no action now? After some additional discussion, Action: It was moved (Jacobson), seconded (Young), and carried to endorse Bill Bryant for Governor. There were no nays. Controller’s Financial Report – Controller Kelly Barber reviewed the financials for the month ended September 30, 2015. As of September 30, 2015, the Net Operating Income (NOI) equaled $1.354M vs. a year-to-date budget NOI of $641K creating a favorable year-to-date budget variance of $713K. The year-to-date positive revenue variance of $504K combined with the positive expense variance of $209K produced the total favorable year-to-date budget variance of $713K. The year-to-date positive revenue variance of $504K was primarily from above budget revenue in Retro Sponsorship Fees, Membership Dues, and Other Rent Revenue along with all other revenue categories. The year-to-date positive expense variance of $209K was primarily comprised of under budget expenses in most expense categories except for Consultant Fees, Membership Dues / Donations and Event expense.

As of September 30, 2015, AGC’s 2015 annual forecast net operating income equaled $726k versus an annual budget net operating income of $78k. The building’s occupancy rate was 100% as of September 30, 2015.

Action: It was moved (Day), seconded (Traugutt), and carried to approve the September Financial Report as presented. Strategic Plan – President Smith reviewed the updated Strategic Plan with the Board: BHAG 1: Create a movement for membership, not a market share.

Membership Numbers as of October 31, 2015: GC (174); SUB (180); ASSOC. (227); Young Constr. (6): Total: 587

Membership Numbers as of October 31, 2014:

GC (185); SUB (172); ASSOC. (226); Young Constr.(3): Total 586

(Champions: David D'Hondt, Jake Jacobson) Timeframe

2015 2016 2017 2018 2019

SMART GOAL 1: Involve the next generation while respecting all generations by being welcoming and providing meaningful opportunities.

Objective I: Survey companies to get a census of the generations.

Timeframe: March 2016 July

Responsible: Stacy Mullane, Officers, Annie Lombroia, Jim Rowley,

Gordon Spencer


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Objective II: Make a plan to have an FLF rep on the AGC Board; maximum age 35 (will require a bylaws’ change).

Timeframe: Dec. 1 2015 Dec. 1

Responsible: David D'Hondt, Officers, FLF Steering Committee

Objective III: Have 2 meetings per year with the AGC Officers and the FLF Steering Committee.

Timeframe: 2 in 2016 Nov.

Responsible: David D'Hondt, Andrew Ledbetter

Objective IV: Define "IT" for an event that will attract the entire group of 460 FLF registered participants.

Timeframe: 2 years Sept. Responsible: David D'Hondt, Mickey Traugutt, FLF Steering Comm.

Objective V: Review status of relationships with AGC Student Chapters in Washington and recommend to the AGC Board a plan to enhance the relationships.

Timeframe: 1 year Sept.

Responsible: Dave Kearby, Jake Jacobson, John Schaufelberger

SMART GOAL 2: Increase membership services.

Objective I: Enhance industry knowledge of Safety Team® (ST) as premier and utilize the success of that program to open contracting opportunities for members.

Timeframe: 2 years Sept. Responsible: David D'Hondt, Mandi Kime, Safety Committee

Objective II: Market AGC Safety Team® to be used nationwide through the AGC of America.

Timeframe: 2 years Sept. Responsible: David D'Hondt, Mandi Kime, Officers

2015 2016 2017 2018 2019 SMART GOAL 3: Create overarching marketing plan for member recruitment.

Objective I: Create a timeline and material list for action items.

Timeframe: 3 months Jan.

Responsible: Sean Lewis, District Managers


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Objective II: Discuss changing Subcontractor membership category to Specialty Contractor (change would require a bylaws’ change). Timeframe: Dec. 1, 2015 Dec. 1

Responsible: Stacy Mullane, AGC Board

SMART GOAL 4: Collaborate with the Education Foundation at a higher level.

Objective I: Work collaboratively with the Education Foundation to explore large scale impact initiative with intention to generate pipeline to construction workforce. Research feasibility and funding of a create and fund an AGC of Washington Construction Academy, generate or expand industry partnerships, and identify local programs with existing construction workforce pipeline. and facilitate discussions with other chapters on what works.

Timeframe: 5 years

2020 Responsible: David D'Hondt, Nancy Munro

Objective II: Work collaboratively with the Education Foundation to educate members on the strengths of the next generations.

Timeframe: 2 years Sept. Responsible: David D'Hondt, Diane Kocer

Objective III: Work collaboratively with the Education Foundation for mentoring opportunities for the next generations in the construction industry.

Timeframe: 2 years Sept. Responsible: David D'Hondt, AGC Board, Diane Kocer

Objective IV: Work collaboratively with the Education Foundation to benchmark and measure AGC member participation in Education Foundation classes; measurements of students per year to include:

a. Number of members taking classes

b. Number of member companies taking classes

c. Number of non-member students taking classes

d. Number of non-member companies taking classes

e. Number of classes in each district

Timeframe: 5 years

2020

Responsible: Kelly Barber, Diane Kocer


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SMART GOAL 5: Increase diversity of AGC membership.

Objective I: Create a Diversity Task Force that evaluates options and reports back to the Board. Timeframe: Sept. 2016 Sept. Responsible: David D'Hondt, Nancy Munro, Ken Day Note: Revised language in “red” (above) per Board comments.

BHAG 2: To help elect a pro-business majority in the Washington State Legislature by 2020. Champions: David D'Hondt, Jake Jacobson, Mike Grace, Ken Day, Timeframe

Annie Lombroia 2015 2016 2017 2018 2019

SMART GOAL 1: Increase member participation in GAC.

Objective I: Create opportunities for Board members to meet with legislators. Timeframe: 2 years Oct. Responsible: Jerry VanderWood, District Managers Objective II: Create opportunities for FLF to participate in government affairs' activities. Timeframe: 2 years Oct. Responsible: Michele Willms, Andrew Ledbetter, FLF Steering Comm.

BHAG 3: Create an industry leading IT program for members and staff that utilize leading technologies and eases interface.

(Champions: Kelly Barber, Sean Lewis) Timeframe

2015 2016 2017 2018 2019

SMART GOAL 1: Improve technology at AGC of Washington.

Objective I: Form a Technology Task Force including FLF members to advise the AGC of WA on technology matters including social media strategies and report to the AGC of WA Board. Timeframe: December 2015 Dec. Dec. Dec. Dec. Dec. Responsible: Kelly Barber, Sean Lewis Objective II: Partner with FLF to test and suggest improvements to the new website and database. Timeframe: December 1, 2015 Dec. 1 Responsible: Stacy Mullane, Sean Lewis, FLF


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Objective III: Install video conferencing capabilities in the Seattle AGC office and AGC Conference Center for live conferencing webinars and pod casts. Timeframe: December 2015 Dec. Responsible: David D'Hondt, Kelly Barber

Action: It was the consensus of the Board to approve the updated Strategic Plan as presented. It was also agreed to tweak BHAG 1, SMART GOAL 4, Objective I, per Nancy Munro’s comments (note: changes are noted above in red font) .

Proposed 2016 Operating & Capital Budget – Controller Kelly Barber reviewed the proposed 2016 operating and capital budgets for the Board. It was noted that the consolidated 2016 proposed operating budgeted revenue totaled $6,453,320, an increase from 2015 budgeted revenue of $278,387; 2016 budgeted expense totaled $6,273,912, an increase from 2015 budgeted expense $176,716; with a $179,408 budgeted net operating income for 2016, an increase of $101,671 from 2015 budgeted net operating income. 2016 proposed Capital Property and Equipment budget totaled $688,000 compared to $641,430 for 2015. 2016 Association Expense proposed budget totaled $4,035,132 compared to $3,711,377 for 2015.

Barber asked Board members to contact any of the Officers, Executive Vice President, or Controller, if they have questions or comments; the 2016 proposed budget will come up for final adoption on December 7, 2015, the next Board meeting.

OTHER BUSINESS Announcements

December 4 Southern District Holiday Open House, Fife, 4-7 PM December 7 Board of Trustees’ meeting, AGC Conference Center, 4-5 PM Seattle District Holiday Open House, Harborside, 5 PM December 8 Central District Holiday Social, Yakima, 6-9 PM December 15 Central District Holiday Social, Wenatchee, 5-7 PM December 17 Northern District Holiday Social, Rock & Rye Oyster House, Bellingham, 5-6:30 PM AGC BUILD-PAC – Executive Vice President Dave D’Hondt reported that since AGCWA has a $179k positive year-end variance, staff revised the 2016 Membership Dues invoices (similar to the Restaurant and Realtors associations) to reflect that 4.25% of dues will go to AGC BUILD-PAC unless members opt out (this is not a dues increase, but a pass through). If members opt out, these monies will go to the General Fund. Members will have the option (again voluntarily) to donate additional monies through the dues check-off. It was noted that about 82% typically opt out of the dues check-off, and it ends up being the larger contractors funding the PAC. D’Hondt noted that the larger contractors have indicated they would be willing to contribute more monies to AGC’s BUILD-PAC if all contractors contributed to the PAC; all PAC contributors will be identified to the PDC as contributing to AGC’s BUILD PAC. D’Hondt advised that this is a way to raise more monies for the PAC without tax consequences to the chapter. There being no further business to come before the Board, President Smith adjourned the meeting at 2:08 pm. __________________________________________________________________________________ Mark Seaman Date

MEMORANDUM

Date: December 7, 2015 To: AGC Board of Trustees From: Stacy Mullane, Member Services Coordinator Re: Membership Report The following candidates have been screened and meet the proper classification requirements: NEW MEMBERS ASSOCIATE Northern District Rice Insurance LLC Joe Tejeda 1400 Broadway, Bellingham, WA 98225 Phone: 360.734.1161 Email: [email protected] Specialty: Insurance brokerage. Reason of Joining: Networking Seattle District Jackson Main Architecture, P.S. Rosanne Hemmen 311 First Ave. S, Seattle, WA 98104 Phone: 206.324.4800 Email: [email protected] Specialty: Architectural services Reason for Joining: Health plan Marston Legal, PLLC Terry Marston 11400 – 98th Ave. NE, Ste. 201, Kirkland, WA 98033 Phone: 425.861.5700 Email: [email protected] Specialty: Law firm. Reason for Joining: Legislative/Regulatory Southern District Contour Engineering LLC Brett Allen 4706 – 97th St. NW, Bldg. 2, Gig Harbor, WA 98335 Phone: 253.857.5454 Email: [email protected] Specialty: Civil engineering, land surveying Reason for Joining: Health plan GENERAL CONTRACTOR Seattle District Mietzner Home Builders LLC Vicki Bond 11611 Airport Rd., Ste. B1, Everett, WA 98204 Phone: 425.212.2490 Email: [email protected] Specialty: Residential home builder Reason for Joining: Health plan

INTRODUCTORY GENERAL CONTRACTOR Northern District Carlson Construction, Inc. Terri Carlson 15768 Polson Rd., Mount Vernon, WA 98273 Phone: 360.445.5000 Email: [email protected] Specialty: Marine construction and pile driving. Reason for Joining: Education SUBCONTRACTOR Southern District Valley Furnace Inc Teresa Anderson 7818 River Rd. E, Puyallup, WA 98371 Phone: 253.848.3517 Email: [email protected] Specialty: HVAC company residential and light commercial. Reason for Joining: Health Plan REINSTATEMENT Subcontractor Lacey Glass – Southern – was dropped from membership by the Board of Trustees at their October meeting. The member has requested a reinstatement and paid the dues NOT RENEWING MEMBERSHIP Associate Ater Wynne – Seattle – No presence in Washington State Constructor Eastside Corridor Constructors – Seattle – company is no longer in business

Prepared by Stacy Mullane 11/23/2015 Page 1

Gain/Loss %Dec-14 January February March April May June July August September October November December* YTD from Dec #'s

Northern DistrictNet Generals 16 16 16 16 15 16 16 16 16 17 17 17 18 2 112.5%Net Subs 21 21 21 21 20 20 20 21 21 21 21 21 21 0 100.0%Net Assoc 16 16 16 16 14 14 14 14 14 14 14 15 16 0 100.0%Net Young Constructor 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0%TOTAL 53 53 53 53 49 50 50 51 51 52 52 53 55 2 103.8%

Southern DistrictNet Generals 59 59 56 56 49 49 49 49 50 50 49 49 49 -10 83.1%Net Subs 50 50 53 53 51 51 51 52 53 53 52 52 54 4 108.0%Net Assoc 57 57 55 58 51 53 54 57 57 57 59 59 60 3 105.3%Net Educ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0%Net Young Constructor 2 2 2 2 1 1 1 1 1 1 1 1 1 -1 50.0%TOTAL 168 168 166 169 152 154 155 159 161 161 161 161 164 -4 97.6%

Central DistrictNet General 22 22 24 24 22 23 23 23 23 23 23 23 23 1 104.5%Net Subs 22 22 22 22 22 22 22 23 23 23 23 23 23 1 104.5%Net Assoc 9 9 9 9 9 9 9 9 9 9 9 9 9 0 100.0%Net Young Constructor 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0%TOTAL 53 53 55 55 53 54 54 55 55 55 55 55 55 2 103.8%

Seattle DistrictNet Generals 91 91 89 90 84 84 85 85 84 85 85 85 85 -6 93.4%Net Subs 83 83 83 84 80 81 82 84 84 84 84 84 84 1 101.2%Net Assoc 155 155 154 156 131 136 138 140 141 143 145 147 148 -7 95.5%Net Young Constructor 1 1 1 1 0 2 2 4 4 5 5 5 5 4 500.0%TOTAL 330 330 327 331 295 303 307 313 313 317 319 321 322 -8 97.6%

All DistrictsNet Generals 188 188 185 186 170 172 173 173 173 175 174 174 175 -13 93.1%Net Subs 176 176 179 180 173 174 175 180 181 181 180 180 182 6 103.4%Net Assoc 237 237 234 239 205 212 215 220 221 223 227 230 233 -4 98.3%Net Educ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0%Net Young Constructor 3 3 3 3 1 3 3 5 5 6 6 6 6 3 200.0%TOTAL 604 604 601 608 549 561 566 578 580 585 587 590 596 -8 98.7%

Net RETRO 61 61 61 61 60 60 60 59 59 59 59 59 59 -2 96.7%

TOTAL MEMBERS 665 665 662 669 609 621 626 637 639 644 646 649 655 -10 98.5%

2015 Net Member Comparison Report

*December's numbers are dependant on approval of the membership report on December 7th by the AGC Board of Trustees.

Stacy Mullane 11/23/2015

2013 2014 2015 2016 2017Associate 217 237 233GC 172 188 175Subcontractor 155 176 182Young Constructor 3 3 6Total 547 604 596

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AGC Membership 5 Year Analysis By Type

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PROPOSED AGC OF WASHINGTON BYLAWS’ CHANGES As of November 23, 2015

Excerpts from AGC of Washington Bylaws: ………………………………………………………………………………………………………………………………….………………………. ARTICLE 3—MEMBERSHIP ……………………………………………………………………………………………………………………………………………………………………… 3.4 Classes of Membership

………………………………………………………………………………………………………………………………………….………………. (b) An Introductory Contractor Member may be an individual, firm, or corporation engaged in the

construction business as a general contractor or subcontractor specialty contractor who is not, nor has been, during the previous three years, a member of this Chapter…………………………………... Introductory Contractor Members shall transfer to General Contractor Membership or Subcontractor Specialty Contractor Membership when qualified……….…………………………………..……

…………………………………………………………………………………………………………….…………………………………………………..... (d) An AGC Subcontractor Specialty Contractor Member is an individual, firm, or corporation which,

by agreement with another party, undertakes to execute work on some portion of a construction contract and who executes such work in whole or in part with its own construction forces; who has been established in business regularly.

……………………………………………………………………………………………………………………………………………………………..….…. (h) A Retro Member is any General Contractor, Subcontractor Specialty Contractor, or Associate…… ……………………………………………………………………………………………………………………………………………………………………. (i) Young Constructor Members shall be individuals who are entering or developing careers in

construction management with non-member firms. An individual may hold such a membership in the Chapter only during the first fifteen years that follow the date on which the individual begins to serve the construction industry in such capacity. Young Constructor Members shall be allowed to participate in the Future Leaders Forum (FLF) as well as other AGC of Washington events and committees; however, the member shall not be allowed to chair an AGC of Washington committee, or task force., or serve as an FLF representative [Art. 5.2(g)] on the AGC Board of Trustees.

…………………………………………………………………………………………………………………………………………………………… 3.7 Resignation and Expulsion of Members

………………………………………………………………………………………………………………………………………………………….. (e) National and local AGC annual dues billing shall be in accordance with Article 13. National and

local dues are delinquent if not paid by January 15. If dues are not paid within 90 days after billing invoice due date, such member will be considered no longer in good standing, all voting rights and AGC services will terminate, and expulsion will be considered by the Board.

………………………………………………………………………………………………………………………………………………………………………………… ARTICLE 5—ADMINISTRATION AND ORGANIZATION ………………………………………………………………………………………………………………………………………………………………..……. 5.2 Board of Trustees

The affairs of the Chapter shall be conducted regularly by a Board of Trustees herein sometimes referred to as the trustees. The trustees shall have full authority to act on all matters of business except as described in Article 7, but they shall not have the authority to revise these Bylaws, that being the

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responsibility of the General Contractor Members. The act of the majority of the trustees present at a meeting at which a quorum is present shall be the act of the Board of Trustees. Unless otherwise stated in these Bylaws, trustees shall be elected for not more than three consecutive one-year terms.

The Board of Trustees shall be composed of: (a) The Chapter officers (b) The immediate past president (c) One representative designated by each of the Chapter’s districts. A minimum of two of these

representatives shall be General Contractor members. (d) Four general contractor members (e) Two subcontractor specialty contractor members (f) Two associate members (g) One representative appointed by the Future Leaders Forum (FLF) Steering Committee, who is

actively participating in FLF meetings/events, is less than 36 years of age, and is employed by a member company

(h) One non-member appointed by the president ………………………………………………………………………………………………………………………………………………………………………………… ARTICLE 6—ELECTIONS ………………………………………………………………………………………………………………………………………………………………………. 6.2 The Nominating Committee shall nominate one General Contractor Member for each of the following

officer positions: President, First Vice-President, Second Vice-President. They shall nominate one General Contractor or Subcontractor Specialty Contractor Member for the officer position of Secretary/Treasurer. They shall also nominate one General Contractor, Subcontractor Specialty Contractor or Associate Member for each elected trustee position as provided in Article 5.2, except for District representatives who are selected by the District. They shall attempt to nominate to trustee positions, members from the geographical diversity of the Chapter to insure a balanced Board and to achieve the mandated balance of general and subcontractor specialty contractor trustees.

……………………………………………………………………………………………………………………………………………………………………..…………. ARTICLE 13—DUES …………………………………………………………………………………………………………………………………………………………………….. 13.2 General Contractor and Subcontractor Specialty Contractor Members shall pay dues to the Chapter on a

volume basis to be established from time to time by the membership……………………………………….…..……… …………………………………………………………………………………………………………………………………………..……….…………….

13.5 National and local AGC dues billing for all membership classifications shall be mailed or electronically mailed no later than November 15 and are due by January 15.

National and local dues not paid by January 15 are considered delinquent. Dues not paid within 90 days of billing invoice due date will be cause for such member to be expelled from AGC membership….……...

……………………………………………………………………………………………………………………………………………………………………….……... ARTICLE 14—AGC OF AMERICA ……………………………………………………………………………………………………………………………………………….……………………. 14.3 The Chapter shall collect national dues from each General Contractor Member, Introductory Contractor

Member, Subcontractor Specialty Contractor Member, and Associate Member and forward to the national Chapter ..................................................................................................................................

AGC WILL WORK FOR• Protection of the transportation funding

priorities established in the 2015 new revenue package for transportation.

• Rational and reasonable environmentaland business regulation reforms.

• Proposals to increase funding for capital construction -- particularly, restoration of the Public Works Trust Fund.

• Rational and reasonable prevailing wagereforms.

• Workers’ Compensation systemimprovements.

• Tax simplification on constructionactivities.

• Programs and opportunities that increase and improve the construction-industry workforce.

Proposed--AGC of Washington 2016 LEGISLATIVE PRIORITIES

AGC WILL WORK AGAINST• Proposals that unreasonably increase

business taxes, costs or regulations.

• Proposals that divert funds fromdedicated programs to other unrelatedpurposes.

• Any legislative proposals that seek to divert 18th amendment protected reve-nues to other government programs.

• Public construction procurementmethods which are not well vetted or do not have a consensus of support within the affected AGC contractor membership.

• Environmental proposals that imposeunnecessary burdens on contractorswhich are not practical, or are noteconomically and technically feasible.

• Detrimental land use laws which makedevelopment efforts unreasonablydifficult or costly.

If you have questions about AGC’s priorities or need more specific information on a particular issue, please contact the

AGC Government Affairs Team in Olympia at 360.352.5000.

2016 Budget/2. Budget Notes Page 1

AGC of Washington

2016 Proposed Operating Budget Notes

Proposed Operating Budget – Consolidated and Dept. Budgets (30 pages)

1. 2016 budget net income currently projected at $179K. 2015 Forecast includes actual year to date

expenses as of September 2015 and remaining (Oct-Dec) forecast expenses for 2015. Page 1 & 2

2. 2016 Membership Dues revenue budget equals $1.725 million, no increase over 2015 membership

dues. Page 1 & 16

3. Annual payroll decreased $32K. Payroll tax / benefits increased $4K. Overall payroll increases,

from 2015 budgeted payroll, were minimal due to the retirement of the Richard Bristow. This job

position is not being replaced. Also included in 2016 payroll is training overlap for a new safety

employee and a new Seattle district manager. Page 1

4. AGC Group Retro sponsorship fee budgeted at $225K. No change from prior years. Page 1

5. Total 2016 budgeted depreciation decreased by $96K over 2015 budgeted depreciation. 2016

amortization expense for broker lease commissions remain the same as 2015. Page 1

6. 2016 Seattle Building / Retail revenues budget increased overall by $243K due to higher expected

rental rates, parking lot income and CAM reimbursements. AGC Seattle Building expenses

decreased by $142K, primarily due to a decrease in building depreciation and loan interest expense

Page 5 and 6

7. Overall insurance costs for 2016 for AGC Building is budgeted for a $7K (6%) increase and AGC

Marina insurance is budgeted for a slight increase. Page 6 and 7

8. Board of Trustees budget increased $34K, primarily due to a $30K increase in board contingency

expense.

9. Technology budget expense increase of $4K due to service /software license renewals and an

increase of $12K for depreciation of the new computer server equipment. Page 10

10. 2016 staff training (under Administration budget) is budgeted at $50,000, an increase of $15K over

2015 budget. Page 11

11. Meeting and Events budget expense increase of $9K due to increase in costs for National AGC

Conference and Western Chapters meeting. These events and other meetings / events do not have

offsetting revenues (Old Timers night, Immediate Past President night). Page 14

12. Special Events revenue is assumed to be greater or equal event expenses (i.e. Annual Meeting and

Build Awards). Budgeted revenues and expenses increased $17K due to expected attendance

increase for 2016. Page 15

13. Future Leadership Forum (FLF) budgeted revenue remains the same as 2015. Budgeted expenses

increased by $119K for 2016 FLF meetings / activities. Page 17

14. Workforce Development budget expenses increased $53K. Expenses include $10K for 2016

Construction Career Day (same as 2015) and an additional $2.5K for Turner event and an additional

$50K for other donations. Page 18

2016 Budget/2. Budget Notes Page 2

AGC of Washington

2016 Proposed Operating Budget Notes

Proposed Operating Budget – Consolidated and Dept. Budgets (30 pages)

15. Budgeted direct contributions to AGC Education Foundation total $153,500 for 2016 (same as 2015

budget). Page 18

16. Safety Department 2016 budgeted revenue decreased by $17K because of safety grant projects

completed in 2015. Expenses increased $42K due to one new full time safety employee (as of

7/1/2016) and $8.5K increase in safety promotion costs. Page 19

17. Government Affairs Council 2016 budgeted expenses have decreased by a net $14K due to decrease

in contract services, and offset by increased membership dues and increased donations. Pages 21

18. Build Pac 2016 budgeted in-direct and in-kind contributions have decreased $24K due to changes in

staff payroll allocations and decreases to in-direct overhead costs. Page 22

19. Seattle District budget expenses increased $37K due primarily to one new fully time district manager

(as of 10/01/2016) who will be working alongside the current district manager for the last quarter of

2016. Page 26

20. No estimates have been made for 2016 gains or losses under the Non-Operating Income (Loss)

budget. The 2016 budget only estimates annual bond interest and consulting fee expense. Page 30

Budget 2015

2014 2015 2015 2016 vs

Actual Budget Act/Forecast Budget Budget 2016

Retro Plan Income 1,959,316 1,742,760 2,016,647 1,742,760 0

Retro Exp Gross (1,447,046) (1,517,760) (1,565,301) (1,517,760) 0

Net Retro Income 512,270 225,000 451,346 225,000 0

Membership Dues 1,811,715 1,725,000 1,800,623 1,725,000 0

Program / Grant Revenue 168,999 173,022 182,325 163,525 (9,497)

Event Revenue 259,237 253,850 293,359 283,700 29,850

Building / Retail Rent 2,675,077 2,797,726 2,844,851 3,010,185 212,459

Other Rent Revenue 983,981 922,040 1,009,517 950,000 27,960

Other Revenue / CAM 79,773 62,100 81,279 79,500 17,400

Misc Income 15,478 16,195 18,494 16,410 215

Total Revenue 6,506,530 6,174,933 6,681,793 6,453,320 278,387

Salaries 2,192,706 2,217,394 2,182,673 2,185,344 (32,051)

Payroll Burden Taxes and Benefits 618,420 638,293 623,259 642,524 4,231

Auto Expense / Corporate Travel 26,269 37,755 25,941 38,888 1,133

Miscellaneous Meetings 67,161 121,350 89,878 134,890 13,540

Consultant Fees 46,650 54,833 76,177 69,100 14,268

Office Expense 71,751 77,923 61,248 78,810 887

Membership Dues/Donations 197,101 168,612 154,745 227,950 59,338

Rent 61,035 65,666 62,305 66,804 1,138

Technology Expense 70,278 75,415 66,886 80,080 4,665

Phone Expense 33,480 34,542 31,903 32,242 (2,300)

Progam/Grant Expense 75,696 93,102 85,336 146,537 53,435

Membership Promotion 163,811 179,100 144,276 208,454 29,354

Event Expense 247,844 268,683 266,236 356,153 87,470

Insurance/Tax/Training 63,917 65,050 62,599 79,100 14,050

Building / Marina Expense 1,233,516 1,247,004 1,230,471 1,270,469 23,465

Leasing Comm. Amort. 54,392 66,092 66,098 66,092 0

Depreciation 610,716 686,382 666,993 590,475 (95,906)

Total Expenses 5,834,742 6,097,196 5,897,024 6,273,912 176,716

Net Operating Income (Loss) 671,789 77,737 784,769 179,408 101,671

LT Inv - Dividends/Interest 39,206 24,000 17,836 24,000 0

LT Inv - Net Gain (Loss) 84,746 0 (56,236) 0 0

Investment Consultant Fee (11,161) (12,000) (5,847) (12,000) 0

Non-Operating Income (Loss) 112,791 12,000 (44,247) 12,000 0

Gain / Loss on Disposal of Asset (12,970) 0 0 0 0

Grand Total 771,610 89,737 740,522 191,408 101,671

Associated General Contractors of Washington

CONSOLIDATED

2016 Proposed Budget

For the 09 Month(s) ending 09/30/2015

1 of 30

2015 YE Act 2016 2015 YE Act 2016 2015 YE Act 2016

Forecast BUDGET VAR Forecast BUDGET VAR Forecast BUDGET VAR

I. Building & Properties:

a) Seattle Building 3,108,802 3,290,531 181,729 1,806,210 1,657,758 (148,452) 1,302,592 1,632,773 330,181

b) Seattle Marina 715,899 698,448 (17,451) 467,351 471,684 4,333 248,548 226,764 (21,784)

c) Fife Building 50,893 50,706 (187) 110,459 109,338 (1,121) (59,566) (58,632) 934

Total Building & Properties 3,875,594 4,039,685 164,091 2,384,020 2,238,780 (145,240) 1,491,574 1,800,905 309,331

II. Association:

1. Financial Assets 0 0 0 0 0 0 0 0 0

2. Admin. & Management

a) Board of Trustees 0 0 0 58,105 103,562 45,458 (58,105) (103,562) (45,458)

b) Technology 0 0 0 110,559 137,584 27,025 (110,559) (137,584) (27,025)

c) Administration 44,488 39,000 (5,488) 334,802 352,690 17,888 (290,314) (313,690) (23,376)

d) Accounting 10,340 9,510 (830) 213,509 224,291 10,783 (203,169) (214,781) (11,613)

54,828 48,510 (6,318) 716,974 818,127 101,153 (662,146) (769,617) (107,471)

3. Member Services

a) Communications 1,500 7,000 5,500 220,382 223,611 3,230 (218,882) (216,611) 2,270

b) Meetings & Events 0 0 0 69,080 87,400 18,320 (69,080) (87,400) (18,320)

c) Special Events 138,730 140,000 1,270 193,293 191,370 (1,923) (54,563) (51,370) 3,193

d) Member Service 1,791,254 1,731,000 (60,254) 233,178 201,928 (31,250) 1,558,076 1,529,072 (29,004)

e) Future Leadership Forum 15,020 12,000 (3,020) 34,402 159,646 125,244 (19,382) (147,646) (128,264)

1,946,504 1,890,000 (56,504) 750,335 863,956 113,620 1,196,169 1,026,044 (170,124)

4. Education & Training Service

a) Workforce Development 0 0 0 217,331 243,040 25,710 (217,331) (243,040) (25,710)

b) Safety 101,925 76,825 (25,100) 427,711 468,095 40,384 (325,785) (391,270) (65,484)

c) Group Retro 1,944,234 1,742,760 (201,474) 1,496,811 1,517,760 20,949 447,423 225,000 (222,423)

2,046,159 1,819,585 (226,574) 2,141,852 2,228,895 87,043 (95,693) (409,310) (313,617)

5. Government Relations

a) Government Affairs Council 26,210 24,500 (1,710) 420,397 439,160 18,763 (394,187) (414,660) (20,473)

b) Build-Pac 0 0 0 46,755 23,258 (23,497) (46,755) (23,258) 23,497

c) AGC - Federal Facilities 1,500 0 (1,500) 7,514 8,577 1,063 (6,014) (8,577) (2,563)

27,710 24,500 (3,210) 474,666 470,995 (3,672) (446,956) (446,495) 462

6. Industry Relations

a) Labor 672 0 (672) 251,180 262,118 10,938 (250,508) (262,118) (11,610)

b) Open Shop 0 0 0 17,764 18,680 917 (17,764) (18,680) (917)

672 0 (672) 268,943 280,798 11,855 (268,271) (280,798) (12,527)

7. Districts

a) Seattle Districs 58,108 63,800 5,692 234,235 296,285 62,050 (176,127) (232,485) (56,358)

b) Southern District 58,570 65,450 6,880 301,580 311,331 9,751 (243,010) (245,881) (2,871)

c) Northern District 880 0 (880) 115,735 126,059 10,325 (114,855) (126,059) (11,205)

d) Central WA District 24,255 19,550 (4,705) 143,892 156,445 12,554 (119,637) (136,895) (17,259)

141,813 148,800 6,987 795,442 890,121 94,679 (653,629) (741,321) (87,692)

Total Association 4,217,686 3,931,395 (286,291) 5,148,213 5,552,892 404,679 (930,527) (1,621,497) (690,970)

Total of Assoc. & Prop 8,093,280 7,971,080 (122,200) 7,532,233 7,791,672 259,439 561,047 179,408 (381,639)

Non-Operating Income (Loss) 0 24,000 24,000 0 12,000 12,000 0 12,000 12,000

Grand Total 8,093,280 7,995,080 (98,200) 7,532,233 7,803,672 271,439 561,047 191,408 (369,639)


2016 Proposed Budget by Cost Center

REVENUE EXPENSES REVENUE OVER EXPENSES

2 of 30

Budget 2015

2014 2015 2015 2016 vs


Retro Plan Income 1,959,316 1,742,760 2,016,647 1,742,760 0

Retro Exp Gross (1,447,046) (1,517,760) (1,565,301) (1,517,760) 0

Net Retro Income 512,270 225,000 451,346 225,000 0

Membership Dues 1,811,715 1,725,000 1,800,623 1,725,000 0

Program / Grant Revenue 168,999 173,022 182,325 163,525 (9,497)

Event Revenue 259,237 253,850 293,359 283,700 29,850

Misc Income 15,153 16,195 18,419 16,410 215

Total Revenue 2,767,374 2,393,067 2,746,072 2,413,635 20,568

Salaries 1,861,994 1,865,256 1,828,496 1,893,919 28,664

Payroll Burden Taxes and Benefits 522,665 534,349 521,678 557,066 22,717

Auto Expense / Corporate Travel 26,269 37,755 25,941 38,888 1,133

Miscellaneous Meetings 67,161 121,350 89,878 134,890 13,540

Consultant Fees 26,404 36,818 45,036 45,225 8,408

Office Expense 71,751 77,923 61,248 78,810 887

Membership Dues/Donations 197,101 168,612 154,745 227,950 59,338

Rent 61,035 65,666 62,305 66,804 1,138

Technology Expense 70,278 75,415 66,886 80,080 4,665

Phone Expense 33,480 34,542 31,903 32,242 (2,300)

Progam/Grant Expense 75,696 93,102 85,336 146,537 53,435

Membership Promotion 163,811 179,100 144,276 208,454 29,354

Event Expense 247,844 268,683 266,236 356,153 87,470

Insurance/Tax/Training 63,917 65,050 62,599 79,100 14,050

Depreciation 55,943 87,757 80,489 89,014 1,257

Total Expenses 3,545,348 3,711,377 3,527,051 4,035,132 323,755

Net Operating Income (Loss) (777,973) (1,318,310) (780,979) (1,621,497) (303,187)


ASSOCIATION



3 of 30

Budget 2015

2014 2015 2015 2016 vs


Building / Retail Rent 2,675,077 2,797,726 2,844,851 3,010,185 212,459

Marina & Parking Revenue 983,981 922,040 1,009,517 950,000 27,960

Other Revenue / CAM 79,773 62,100 81,279 79,500 17,400

Misc Income 325 0 75 0 0

Total Revenue 3,739,156 3,781,866 3,935,721 4,039,685 257,819

Salaries 330,712 352,139 354,177 291,424 (60,715)

Payroll Burden Taxes and Benefits 95,755 103,944 101,582 85,458 (18,486)

Consultant Fees 20,246 18,015 31,141 23,875 5,860

Building / Marina Expense 1,233,516 1,247,004 1,230,471 1,270,469 23,465

Leasing Comm. Amort. 54,392 66,092 66,098 66,092 0

Depreciation 554,773 598,625 586,504 501,462 (97,164)

Total Expenses 2,289,394 2,385,819 2,369,973 2,238,780 (147,039)

Net Operating Income (Loss) 1,449,762 1,396,047 1,565,748 1,800,905 404,858


BUILDING & MARINA



4 of 30

Budget 2015

MAS90 2014 2015 2015 2016 vs

Account# Actual Budget Act/Forecast Budget Budget 2016

Building Rent - Seattle 4700-50-000 2,128,726 2,247,015 2,268,214 2,404,735 157,720

Parking Lot Income 4701-50-000 333,024 275,000 343,302 325,000 50,000

Operating Expense Reimb - Seattle Building4702-50-000 72,883 60,000 68,536 60,000 0

Retail Rents 4703-50-000 460,204 460,200 473,534 500,196 39,996

Other Rental Income 4704-50-000 4,998 4,440 3,848 0 (4,440)

Late Fee Income:BLDG 4705-50-000 65 0 166 0 0

ATM Rental Income 4706-50-000 662 600 503 600 0

Misc Income - Bldg 4900-50-000 325 0 75 0 0

Total Revenue 3,000,886 3,047,255 3,158,177 3,290,531 243,276

Salaries 5010-50-000 215,616 215,805 222,113 155,141 (60,663)

Incentive Compensation 5010-50-058 0 15,136 10,141 14,545 (591)

Payroll Taxes 5020-50-052 18,183 19,347 19,849 14,162 (5,185)

Health/Security/LTD 5020-50-070 24,151 26,909 25,517 19,609 (7,300)

Pension 5020-50-139 19,067 20,935 20,117 14,759 (6,176)

Legal 5040-50-060 2,000 3,000 2,015 4,000 1,000

Audit 5040-50-076 10,446 8,250 8,411 9,375 1,125

Roof Repairs & Maint-Gen 6020-50-300 1,401 2,525 2,493 2,525 0

Pkg Lot Rep & Maint-Gen 6035-50-300 1,320 400 602 400 0

Snow Removal 6036-50-300 1,971 4,470 3,000 4,470 0

HVAC Contr Serv & Per-Off 6040-50-100 21,689 20,020 20,033 20,280 260

HVAC Contr Serv & Per-Gen 6040-50-300 6,765 6,020 6,935 6,140 120

HVAC Repairs & Maint-Off 6045-50-100 34,906 23,900 36,676 24,215 315

HVAC R & M - Conference Room 6045-50-300 3,567 2,000 1,586 2,000 0

Elev Contr Serv & Per-Off 6050-50-100 11,547 13,560 11,721 14,460 900

Elevator Rep & Maint-Off 6055-50-100 2,609 3,770 5,327 2,270 (1,500)

Electrical Rep & Supp-Off 6060-50-100 7,932 9,910 9,290 10,455 545

Plumbing Rep & Supp-Off 6070-50-100 2,192 6,900 6,934 6,900 0

Fire / Life / Safety-Gen 6080-50-300 12,007 16,145 18,783 19,315 3,170

General Repair & Maint-NR (Non-CAM Exp)6100-50-000 7,084 6,000 2,312 6,000 0

General Rep & Maint-Off 6100-50-100 8,113 11,120 12,945 17,170 6,050

Painting & Decorating-Off 6110-50-100 1,776 2,725 1,304 1,250 (1,475)

Locks, Keys & Signage-Off 6120-50-100 4,699 5,150 3,671 4,450 (700)

Pest Control-Off 6130-50-100 863 684 528 684 0

Ext Landscaping Serv-Gen 6210-50-300 11,971 11,110 11,200 11,470 360

Ext Landscaping Rep-Gen 6220-50-300 88 300 164 310 10

Int Landscaping Serv-Off 6230-50-100 6,311 6,300 6,317 6,480 180


SEATTLE BUILDING



5 of 30

Base Janitorial Contr-Off 6310-50-100 84,462 86,400 87,604 86,400 0

Janitorial-Tenant Share 6310-50-900 2,132 2,124 2,130 2,124 0

Janitorial-Tenant Offset 6310-50-910 (2,132) (2,124) (2,130) (2,124) 0

Janitorial Supplies-Gen 6320-50-300 20,991 19,980 25,706 23,340 3,360

Window Cleaning-Off 6330-50-100 4,753 5,195 6,511 10,395 5,200

Other Janitorial Serv-Off 6380-50-100 800 1,200 4,178 5,340 4,140

Other Janitorial Serv-Gen 6380-50-300 5,350 5,100 3,825 5,100 0

Other Security Serv-Gen 6450-50-300 3,110 3,510 3,195 3,195 (315)

Electricity-Off 6510-50-100 104,842 101,040 107,060 109,080 8,040

Water/Sewer-Off 6520-50-100 38,132 31,200 30,550 32,280 1,080

Water/Sewer-Tenant Share 6520-50-900 14,755 14,700 14,320 14,700 0

Water/Sewer-Tenant Offset 6520-50-910 (14,755) (14,700) (14,320) (14,700) 0

Gas-Off 6530-50-100 35,584 55,020 37,635 55,020 0

Trash Removal & Recyc-Off 6550-50-100 23,662 19,200 28,416 28,620 9,420

Brokers' Commission-Amortizatn 6600-50-000 53,369 62,000 62,006 62,000 0

Marketing & Leasing-NR 6710-50-000 1,170 1,200 200 1,200 0

Tenant Relations-NR 6720-50-000 4,524 4,900 5,250 7,240 2,340

On-Site Costs-Gen 6740-50-300 17,967 5,000 7,626 5,000 0

Administrative / Office Exp 6780-50-000 7,012 7,000 4,725 7,000 0

Other Administrative-Gen 6780-50-300 7,770 8,000 5,921 8,000 0

Real Estate Taxes-Gen 6810-50-300 276,657 290,000 274,095 290,000 0

Personal Property Tax-Gen 6820-50-300 588 1,000 602 1,000 0

Insurance-Gen 6900-50-300 112,545 112,500 114,793 120,000 7,500

Interest Expense 6910-50-000 19,556 16,050 21,385 0 (16,050)

Bad Debt: BLDG 6920-50-000 4,243 0 0 0 0

Depreciation 6950-50-000 473,926 501,286 497,385 404,713 (96,573)

Total Expenses 1,739,286 1,799,172 1,798,651 1,657,758 (141,414)


6 of 30

Budget 2015

MAS90 2014 2015 2015 2016 vs


Moorage Rent/A-E Docks 4701-75-000 645,959 642,600 662,367 625,000 (17,600)

Other Income / Service Fee 4702-75-000 4,717 1,500 2,774 1,500 0

Late Fee Income 4705-75-000 0 0 600 0 0

Building Rent - Marina Bldg 4700-75-000 51,571 52,327 53,382 54,548 2,221

LAB Fee 4707-75-000 0 0 8,700 17,400 17,400

Total Revenue 702,247 696,427 727,823 698,448 2,021

Salaries 5010-75-000 107,245 105,125 108,250 102,624 (2,501)

Incentive Compensation 5010-75-058 0 7,841 5,253 10,455 2,614

Payroll Taxes 5020-75-052 9,293 9,671 9,775 9,829 158

Health/Security/LTD 5020-75-070 12,751 13,944 13,425 14,025 81

Pension 5020-75-139 9,858 10,488 10,310 10,367 (121)

Legal-NR 5040-75-060 0 250 0 3,500 3,250

Audit 5040-75-076 5,014 4,100 18,300 4,500 400

Covered Moorage - R & M - NR 6020-75-000 0 1,450 900 1,450 0

Electrical Rep & Supp-NR 6060-75-000 1,265 1,150 2,359 1,150 0

Plumbing Rep & Supp-NR 6070-75-000 3,480 2,335 7,165 2,335 0

Fire / Life / Safety-NR 6080-75-000 4,073 2,610 1,369 1,810 (800)

General Reprs & Maint-NR 6100-75-000 8,498 4,080 9,605 5,400 1,320

Painting & Decorating-NR 6110-75-000 218 750 750 1,200 450

Locks, Keys & Signage-NR 6120-75-000 1,890 2,520 652 2,520 0

Base Janitorial Contr-NR 6310-75-000 1,882 2,820 2,350 2,820 0

Janitorial Supplies-NR 6320-75-000 845 900 825 1,500 600

Other Janitorial Serv-NR 6380-75-000 150 300 75 300 0

Land Lease Payments-NR 6460-75-000 104,454 111,400 103,477 106,000 (5,400)

Electricity-NR 6510-75-000 44,030 51,000 31,716 49,800 (1,200)

Electricity-Tenant Offset 6510-75-910 (31,177) (41,400) (33,574) (40,200) 1,200

Water & Sewer-NR 6520-75-000 7,605 4,920 4,277 4,080 (840)

Water/Sewer-Tenant Offset 6520-75-910 (3,335) (2,460) (2,989) (2,820) (360)

Trash Removal & Recyc-NR 6550-75-000 21,098 19,980 17,544 18,300 (1,680)

Other Administration-NR 6780-75-000 1,238 6,600 4,465 6,000 (600)

Real Estate Taxes-NR 6810-75-000 39,804 44,000 39,435 42,000 (2,000)

Special Assessments-NR 6830-75-000 221 0 0 0 0

Insurance-NR 6900-75-000 54,656 56,175 54,230 56,700 525

Bad Debt: MARINA 6920-75-000 848 0 0 0 0

Depreciation 6950-75-000 50,124 51,259 51,398 56,039 4,780

Total Expenses 456,029 471,809 461,344 471,684 (125)

Net Operating Income (Loss) 246,218 224,618 266,479 226,764 2,146


SEATTLE MARINA



7 of 30

Budget 2015

MAS90 2014 2015 2015 2016 vs


Office Rent - Fife Building 4700-85-000 34,577 38,184 49,722 50,706 12,522

Operating Exp Reimbursement 4702-85-000 1,446 0 0 0 0

Total Revenue 36,023 38,184 49,722 50,706 12,522

Salaries 5010-85-000 7,852 7,550 7,963 7,750 200

Incentive Compensation 5010-85-058 0 682 457 909 227

Payroll Taxes 5020-85-052 661 720 693 757 37


Pension 5020-85-139 687 722 732 742 20

Audit 5040-85-076 2,786 2,415 2,415 2,500 85

Building Cleaning 6010-85-000 8,250 9,000 8,460 8,280 (720)

Supplies & Materials 6270-85-000 0 480 275 440 (40)

Misc. Building Maintenance 6290-85-000 5,165 5,700 11,167 5,700 0

Fire Alarm System Monitoring 6292-85-000 1,405 1,460 1,852 1,100 (360)

HVAC Maintenance & Repairs 6400-85-000 3,481 2,400 2,472 2,400 0

Electricity 6510-85-000 3,809 4,000 3,915 4,000 (0)

Water & Sewer 6520-85-000 2,279 1,980 2,288 2,100 120

Gas 6530-85-000 1,926 1,920 1,225 1,920 0

Trash Removal & Recyc 6550-85-000 1,369 1,680 1,811 1,980 300

Brokers' Commission - Amort - Fife 6600-85-000 1,023 4,092 4,092 4,092 0

Real Estate Taxes 6730-85-240 15,198 16,000 15,010 16,000 0

Insurance & Bonds 6900-85-000 6,364 6,750 6,266 6,750 0

Depreciation 6950-85-000 30,722 46,080 37,721 40,709 (5,371)

Total Expenses 94,079 114,838 109,978 109,338 (5,500)

Net Operating Income (Loss) (58,057) (76,654) (60,256) (58,632) 18,022


FIFE BUILDING



8 of 30

Budget 2015

MAS90 2014 2015 2015 2016 vs


Total Revenue 0 0 0 0 0

Salaries 5010-13-000 29,709 26,209 26,677 26,470 261

Incentive Compensation 5010-13-058 0 1,364 914 1,818 455

Payroll Taxes 5020-13-052 1,782 1,910 2,001 1,984 74


Pension 5020-13-139 2,626 2,670 2,664 2,701 31

Officers / Board Meetings 5035-13-056 5,910 7,600 6,223 9,000 1,400

Miscellaneous Expense 5035-13-072 5,636 5,850 6,409 5,900 50

Office Expense 5050-13-000 1,852 1,350 1,316 3,200 1,850

Board Contingency 5120-13-054 15,000 20,000 10,500 50,000 30,000

Total Expenses 64,779 69,425 59,091 103,562 34,137

Net Operating Income (Loss) (64,779) (69,425) (59,091) (103,562) (34,137)


BOARD OF TRUSTEES



9 of 30

Budget 2015

MAS90 2014 2015 2015 2016 vs


Disposal sale 4950-17-000 0 0 0 0 0


1. Maintenance - Service

Technology Services 5083-17-017 35,974 36,000 32,663 36,000 0

Professional Service 5083-17-019 370 0 0 0 0

Member Services 5083-17-036 4,088 7,150 4,550 7,150 0

Subtotal 41,523 43,150 37,624 43,150 0

2. Salaries 5010-17-000 20,858 22,440 23,298 23,315 875


Payroll Taxes 5020-17-052 1,544 1,930 1,925 2,015 85


Pension 5020-17-139 1,454 2,154 1,798 2,334 180

Miscellaneous Meetings 5035-17-072 77 360 283 360 0

Cell Phone Exp. 5087-17-000 2,705 2,280 1,800 2,400 120

Subtotal 28,637 32,995 32,198 34,750 1,755

3. Software / Service Agreement

New Application 5081-17-017 0 1,000 250 1,000 0

New / Renewal Software License Fee 5089-17-017 10,829 11,500 17,468 15,950 4,450

Virus / Firewall Renewals 5089-17-062 0 3,525 1,606 0 (3,525)

Subtotal 10,829 16,025 19,324 16,950 925

4. New Equipment / Maintenance

Tech Equipment Maint- Parts 5082-17-000 12,536 9,600 4,312 12,500 2,900

Subtotal 15,246 9,600 5,085 12,500 2,900

5. Office Exp

Office Exp 5050-17-000 352 240 410 240 0

Subtotal 352 240 410 240 0

6. Depreciation 6950-17-000 17,894 18,000 17,510 29,994 11,994

Total Expenses 114,481 120,010 112,151 137,584 17,573



TECHNOLOGY



10 of 30

Budget 2015

MAS90 2014 2015 2015 2016 vs


Conference Center Rental 4100-18-238 3,800 600 1,350 900 300

McGraw Hill Affinity Plan 4100-18-303 6,087 0 448 0 0

Verizon Affinity Plan - NPP 4100-18-304 34,858 25,000 22,802 26,000 1,000

Enterprise Affinity Plan 4100-18-305 5,810 4,000 750 0 (4,000)

Office Depot Affinity Plan 4100-18-310 1,111 1,000 13,688 12,000 11,000

Misc Income 4900-18-194 122 100 140 100 0

Misc Income/Service 4900-18-195 271 100 0 0 (100)

Total Revenue 39,090 30,800 39,178 39,000 8,200

Salaries 5010-18-000 178,547 160,470 163,428 151,165 (9,305)

Temp Help 5010-18-051 0 2,000 425 2,000 0

Employee Milestone Awards 5010-18-057 4,826 2,220 7,659 7,500 5,280


Payroll Taxes 5020-18-052 11,739 12,721 12,873 12,396 (325)


Pension 5020-18-139 15,716 16,719 16,556 15,792 (928)

Auto / Travel Expense 5030-18-000 101 200 0 0 (200)

Miscellaneous Meetings 5035-18-072 4,073 4,440 4,752 5,000 560

Legal 5040-18-060 0 2,500 9,550 4,000 1,500

Office Exp. 5050-18-000 17,014 18,788 15,427 22,700 3,912

Office Equipment Lease 5050-18-066 2,188 2,460 2,946 2,460 0

Office Equipment Maintenance 5050-18-067 7,452 8,290 5,447 8,390 100

Postage - Administration 5050-18-069 292 600 138 420 (180)

Parking / Metro 5050-18-071 1,659 1,800 1,720 1,800 0

Contract Printing 5050-18-074 1,419 800 200 600 (200)

Office Equipment - Interest 5050-18-290 586 366 346 240 (126)

Membership Dues 5060-18-061 850 1,630 935 1,630 0

Subscriptions 5060-18-062 867 997 837 625 (372)

Donations/ Memorials 5060-18-063 421 1,200 686 1,200 0

Internet Connnection 5085-18-000 705 3,600 2,724 3,420 (180)

Telephone Exp.- Admin. 5086-18-000 6,189 6,600 5,946 6,600 0

Cell Phone Exp.- Admin. 5087-18-000 2,649 2,280 2,270 2,280 0

Insurance & Bonds 5900-18-064 8,227 8,500 7,600 8,000 (500)

Staff Professional Training 5900-18-065 33,268 35,000 33,092 50,000 15,000

Personal Property Taxes 5900-18-068 320 400 324 400 0

Depreciation 6950-18-000 11,413 10,754 9,175 11,538 783

Total Expenses 329,163 337,175 332,400 352,690 15,515



ADMINISTRATION



11 of 30

Budget 2015

MAS90 2014 2015 2015 2016 vs


Misc. Income - Accounting 4900-19-195 0 0 1,651 0 0

AGCA Discount Earned 4900-19-200 8,400 9,195 9,195 9,510 315

Total Revenue 8,400 9,195 10,846 9,510 315

Salaries 5010-19-000 142,721 104,748 108,896 108,821 4,073

Temp Help 5010-19-051 638 10,000 4,692 10,000 0


Payroll Taxes 5020-19-052 11,066 9,108 9,044 9,635 527


Pension 5020-19-139 10,642 10,095 10,017 10,950 855

Auto Expense 5030-19-000 46 240 78 240 0

Miscellaneous Meetings 5035-19-072 786 700 524 700 (0)

Audit 5040-19-076 9,183 7,418 7,880 8,625 1,208

ADP Payroll Fees 5040-19-077 5,609 6,000 5,825 6,000 0

Professional Service 5040-19-144 3,022 3,500 2,406 3,500 0

Office Exp. 5050-19-000 1,445 1,020 699 900 (120)

Postage - Accounting 5050-19-069 910 1,620 1,096 1,200 (420)

Contract Printing 5050-19-074 0 550 349 400 (150)

Bank Charge 5050-19-231 736 300 522 600 300

Membership Dues 5060-19-061 353 735 (8) 735 0

Subscriptions 5060-19-062 158 120 106 300 180

Discounts Allowed (Visa/Dues) 5140-19-078 18,514 21,000 21,389 23,000 2,000

State Excise Taxes 5900-19-079 8,560 7,500 7,982 7,500 0

City Excise Tax 5900-19-279 7,751 7,500 7,563 7,500 0

Depreciation 6950-19-000 1,572 1,572 1,572 1,133 (440)

Total Expenses 239,962 212,445 207,665 224,291 11,846



ACCOUNTING



12 of 30

Budget 2015

MAS90 2014 2015 2015 2016 vs


Website Advertising 4100-22-197 4,100 7,000 0 7,000 (0)

Total Revenue 4,100 7,000 0 7,000 (0)

Salaries 5010-22-000 135,559 137,632 139,928 123,840 (13,792)


Payroll Taxes 5020-22-052 11,058 12,826 11,937 11,754 (1,072)


Pension 5020-22-139 10,008 13,824 13,640 12,384 (1,440)

Auto Expense 5030-22-000 1,813 1,400 807 480 (920)


Professional Service 5040-22-144 0 600 1,050 6,000 5,400

Website Maintenance 5040-22-250 0 600 150 600 0

Office Exp. 5050-22-000 649 480 300 300 (180)

Postage - Communications 5050-22-069 5,058 4,000 2,026 1,200 (2,800)

Protrait Photography 5050-22-089 2,124 2,200 150 720 (1,480)

Subscriptions 5060-22-062 467 300 75 300 0

Cell Phone Exp.- Comm. 5087-22-000 2,000 1,200 975 1,200 0

Advertising 5140-22-082 17,510 12,300 13,469 22,600 10,300

Public Relations 5140-22-083 2,648 3,400 1,817 3,300 (100)

Newsletter 5140-22-084 1,734 2,100 525 2,100 0

Annual & Special Reports 5140-22-086 3,273 7,300 900 6,600 (700)

Depreciation 6950-22-000 0 0 0 0 0

Total Expenses 212,859 232,065 214,062 223,611 (8,454)



COMMUNICATIONS



13 of 30

Budget 2015

MAS90 2014 2015 2015 2016 vs


CEO Out of Town Travel 5035-24-090 431 2,000 1,633 3,000 1,000

Executive Leadership Council 5035-24-094 5,147 4,200 3,817 4,400 200

National AGC Convention 5035-24-095 9,804 35,000 24,850 35,000 0

Western Chapters Meetings 5035-24-098 6,280 8,500 13,741 13,500 5,000

National AGC Leadership Conference 5035-24-099 11,583 16,500 627 20,000 3,500

Chapter Meetings 5035-24-100 1,157 2,000 1,220 1,200 (800)

Miscellaneous Conference 5035-24-126 1,928 3,200 1,336 4,000 800

Immediate Past President Night 5150-24-093 3,904 3,500 2,556 3,000 (500)

Old Timers Night 5150-24-129 3,281 3,300 2,725 3,300 0

Total Expenses 43,515 78,200 52,505 87,400 9,200



MEETING AND EVENTS



14 of 30

Budget 2015

MAS90 2014 2015 2015 2016 vs


Safety/Constr Awards Dnr-INC 4150-25-127 45,405 45,000 37,870 45,000 0

Annual Meeting 4150-25-128 79,260 78,000 100,860 95,000 17,000

Total Revenue 124,665 123,000 138,730 140,000 17,000

Salaries 5010-25-000 25,875 24,375 25,275 25,875 1,500

Incentive Compensation 5010-25-058 0 2,045 1,370 2,727 682

Payroll Taxes 5020-25-052 2,182 2,304 2,215 2,490 185

Health/Security/LTD 5020-25-070 3,337 3,650 3,514 3,646 (3)

Pension 5020-25-139 2,634 2,668 2,633 2,831 163

Auto Expense 5030-25-000 1,045 1,200 818 1,100 (100)


Office Exp. 5050-25-000 115 150 114 300 150

Postage 5050-25-069 384 150 389 100 (50)

Safety/Excellence Cons Din-Exp 5150-25-127 47,733 45,000 41,008 45,000 0

Annual Meeting 5150-25-128 75,267 78,000 106,111 95,000 17,000

Award & Recognition 5150-25-130 12,957 12,500 9,290 12,000 (500)

Total Expenses 171,532 172,343 192,789 191,370 19,027



SPECIAL EVENTS



15 of 30

Budget 2015

MAS90 2014 2015 2015 2016 vs


Intro / Retro 4010-36-204 41,100 17,000 35,887 5,900 (11,100)

Constructor In 4010-36-206 8,250 6,000 7,700 7,700 1,700

Min Dues - Introductory GC 4010-36-209 35,150 11,700 5,062 4,250 (7,450)

Min Dues - Associates 4010-36-211 186,319 175,000 188,928 176,500 1,500

Nat'l Educational Associate 4010-36-212 100 100 0 0 (100)

Min Dues - Retro 4010-36-213 6,400 6,000 6,000 6,000 0

Youth Constructor Dues 4010-36-248 200 200 700 100 (100)

NH-GC Dues 4030-36-205 268,490 261,000 248,380 237,000 (24,000)

Vol Dues - GC 4030-36-208 892,020 877,000 883,057 876,000 (1,000)

Vol Dues - Sub 4030-36-210 373,610 371,000 417,748 411,550 40,550

Prior Years Dues 4040-36-000 75 0 7,160 0 0

Sub-Total Dues Income 1,811,715 1,725,000 1,800,623 1,725,000 0

Misc Income/Mailing Labels 4900-36-198 30 0 0 0 0

Roster Advertising 4900-36-216 5,548 6,000 5,863 6,000 0

Sub-Total Other Income 5,578 6,000 5,863 6,000 0

Total Revenue 1,817,292 1,731,000 1,806,486 1,731,000 0

Salaries 5010-36-000 132,259 124,256 127,442 101,690 (22,566)

Incentive Compensation 5010-36-058 0 9,545 6,395 10,455 909

Payroll Taxes 5020-36-052 9,453 10,555 10,419 8,870 (1,685)


Pension 5020-36-139 11,395 12,583 11,988 10,319 (2,263)

Auto Expense 5030-36-000 0 300 0 300 0

Miscellaneous Meetings 5035-36-072 1,433 1,200 77 1,200 0

W. Chapters "Membership" Meeting 5035-36-098 0 5,000 263 2,000 (3,000)

Office Exp. 5050-36-000 544 600 158 600 0

Postage - Member Services 5050-36-069 878 1,030 609 1,030 0

Cell Phone Exp.- Member Services 5087-36-000 768 960 837 1,200 240

Early Payment Disc. (2%) 5140-36-078 26,456 28,000 25,704 28,000 0

Membership Promotion 5140-36-080 16 2,000 2,000 2,000 0

Depreciation 6950-36-000 1,637 30,366 25,085 20,403 (9,964)

Total Expenses 200,209 243,229 227,218 201,928 (41,300)



MEMBER SERVICE



16 of 30

Budget 2015

MAS90 2014 2015 2015 2016 vs


FLF Event Revenue 4150-16-175 10,665 12,000 12,600 12,000 0

Total Revenue 10,665 12,000 12,600 12,000 0

Salaries 5010-16-000 15,641 15,488 15,662 35,850 20,362

Incentive Compensation 5010-16-058 0 1,364 914 5,000 3,636

Payroll Taxes 5020-16-052 1,257 1,424 1,330 3,538 2,115

Health/Security/LTD 5020-16-070 2,201 2,412 2,328 6,546 4,134

Pension 5020-16-139 1,407 1,598 1,528 3,848 2,250

Student Chapter Sponsorship 5120-16-162 0 0 0 20,000 20,000

Membership Meetings 5140-16-177 1,962 2,300 1,420 1,704 (596)

Event / Entertainment Exp 5150-16-175 10,290 8,100 6,604 79,500 71,400

Food / Beverage 5300-16-000 8,637 7,650 3,929 3,660 (3,990)

Bad Debt - FLF 5920-16-196 0 0 0 0 0

Total Expenses 41,396 40,336 33,713 159,646 119,311



FUTURE LEADERSHIP FORUM



17 of 30

Budget 2015

MAS90 2014 2015 2015 2016 vs


Salaries 5010-26-000 21,449 18,690 19,291 19,440 750


Payroll Taxes 5020-26-052 1,672 1,572 1,582 1,636 64


Pension 5020-26-139 1,623 1,780 1,382 1,947 168

Donations - Other 5060-26-000 46,552 10,000 0 60,000 50,000

Donations - AGCEF 5060-26-063 126,500 126,500 126,500 126,500 0

Events 5120-26-158 0 750 750 3,250 2,500

Education Subsidy to Members 5140-26-136 26,700 27,000 22,425 27,000 0

Total Expenses 226,915 189,185 174,155 243,040 53,856



WORKFORCE DEVELOPMENT



18 of 30

Budget 2015

MAS90 2014 2015 2015 2016 vs


Safety Promotion Items 4100-42-080 28,290 27,675 23,700 23,700 (3,975)

Safety Team Inspections 4100-42-218 19,575 20,925 19,930 24,975 4,050

Safety Training 4100-42-219 (200) 5,000 11,500 5,000 0

Safety Grants Income 4100-42-241 18,390 17,122 24,162 0 (17,122)

Field Day / Safety Team (Golf) 4150-42-176 23,215 21,850 24,011 22,350 500

Shipping - Safety Products 4900-42-195 554 800 786 800 0

Total Revenue 89,825 93,372 104,089 76,825 (16,547)

Salaries 5010-42-000 261,712 239,270 246,951 260,320 21,050


Payroll Taxes 5020-42-052 22,105 22,766 21,999 22,922 156


Pension 5020-42-139 25,166 24,770 26,971 24,438 (332)

Auto/Travel Expense 5030-42-000 8,857 12,270 8,409 11,275 (995)

Corporate Travel 5030-42-178 4,136 4,760 3,420 6,710 1,950

Misc Meetings - Safety 5035-42-072 155 2,700 2,259 2,200 (500)

Consultants Fees 5040-42-144 0 3,000 5,650 3,000 0

Office Exp. 5050-42-000 794 1,200 1,117 1,100 (100)

Postage - Safety 5050-42-069 1,773 2,300 2,567 2,700 400

Contract Printing 5050-42-074 0 0 0 500 500

Membership Dues 5060-42-061 405 410 205 410 0

Cell Phone Exp.- Safety 5087-42-000 3,056 2,700 2,617 2,700 0

Safety Promotion 5120-42-080 28,700 22,352 21,982 30,852 8,500

Safety Grants Expense 5120-42-241 29 0 0 0 0

Hearing Conservation 5120-42-251 0 1,430 1,625 1,700 270

Safety Equipment 5120-42-350 0 200 200 200 0

Golf Tournment - Safety Team 5150-42-176 12,915 13,283 14,312 13,853 570

Insurance 5900-42-064 3,232 3,350 3,481 3,500 150

Depreciation 6950-42-000 4,841 9,841 9,087 8,866 (975)

Total Expenses 416,378 425,201 426,538 468,095 42,894



SAFETY



19 of 30

Budget 2015

MAS90 2014 2015 2015 2016 vs


PY 18 - Retro Income 4500-27-221 3,760 0 0 0 0

PY 19 - Retro Income 4500-27-222 (34,231) 0 6,283 0 0

PY 20 - Retro Income 4500-27-223 (34,301) 0 (43,511) 0 0

PY 21 - Retro Income 4500-27-224 577,042 0 (120,137) 0 0

PY 22 - Retro Income 4500-27-225 0 225,000 608,711 0 (225,000)

PY 23 - Retro Income 4500-27-226 0 0 0 225,000 225,000

Retro Exp Gross/Reimbursement 4500-27-242 1,447,046 1,517,760 1,565,301 1,517,760 0

Total Revenue 1,959,316 1,742,760 2,016,647 1,742,760 0

Retro Program Expense Gross 5500-27-242 1,447,046 997,524 1,565,301 997,524 0

PY 23 - RTW Operating Exp 5525-27-226 0 249,918 0 0 (249,918)

PY 24 - RTW Operating Exp 5525-27-227 0 249,918 0 249,918 0

PY 25 - RTW Operating Exp 5525-27-228 0 0 0 249,918 249,918

PY 23 - Classroom Yakima 5527-27-226 0 10,200 0 0 (10,200)

PY 24 - Classroom Yakima 5527-27-227 0 10,200 0 10,200 0

PY 25 - Classroom Yakima 5527-27-228 0 0 0 10,200 10,200

Total Expenses 1,447,046 1,517,760 1,565,301 1,517,760 0

Net Operating Income (Loss) 512,270 225,000 451,346 225,000 0


GROUP RETRO



20 of 30

Budget 2015

MAS90 2014 2015 2015 2016 vs


Public Works Mtg Income 4100-30-072 0 7,000 8,710 7,000 0

Legislative Reimbursement 4100-30-147 17,500 17,500 17,500 17,500 0

Total Revenue 17,500 24,500 26,210 24,500 0

Salaries 5010-30-000 228,479 138,954 144,862 172,770 33,816

Contract Lobbyists / Temp Help 5010-30-051 60,000 116,000 74,831 32,750 (83,250)


Payroll Taxes 5020-30-052 18,281 12,301 12,300 15,492 3,190

Health/Security/LTD 5020-30-070 26,027 19,259 18,434 33,450 14,190

Pension 5020-30-139 22,001 14,460 14,375 17,735 3,275

Auto Expense 5030-30-000 754 2,050 1,114 1,700 (350)

Corporate Travel 5030-30-178 704 4,000 1,360 4,600 600

Miscellaneous Meetings 5035-30-072 5,582 12,000 14,056 11,230 (770)

Professional Studies 5040-30-149 2,500 2,500 2,500 2,500 0

Legal Research & Represt. 5040-30-161 0 3,500 1,500 5,000 1,500

Office Exp. 5050-30-000 3,796 7,125 5,991 7,770 645

Office Equipment Lease 5050-30-066 176 200 244 200 0

Office Equipment Maintenance 5050-30-067 951 1,250 474 1,250 0

Postage - GAC 5050-30-069 1,536 1,200 906 1,200 0

Contract Printing 5050-30-074 3,053 4,700 4,343 4,700 0

Membership Dues 5060-30-061 2,790 3,445 2,500 11,445 8,000

Subscriptions 5060-30-062 360 510 127 300 (210)

Donations 5060-30-063 239 600 303 6,750 6,150

LRC Membership 5060-30-160 2,500 2,500 2,500 0 (2,500)

Coalitions 5060-30-259 0 2,500 3,500 2,500 0

Rent - Leg. Office 5070-30-000 45,639 49,646 47,378 50,904 1,258

Internet Service Provider 5084-30-000 1,244 1,320 1,444 2,340 1,020

Telephone Exp.- Leg. 5086-30-000 3,029 4,000 2,449 2,300 (1,700)

Cell Phone Exp.- Leg. 5087-30-000 1,733 2,400 2,347 2,400 0

WebEx 5088-30-000 0 1,000 0 1,000 0

Public Works Promotion 5120-30-080 0 5,000 12,500 2,500 (2,500)

Public Works Committee 5120-30-153 922 7,000 6,351 7,000 0

LEARN 5130-30-083 1,110 1,000 200 250 (750)

Legislative Reporting Service 5130-30-147 3,638 3,870 3,264 3,725 (145)

Gov't Affairs Committee Exp. 5130-30-148 179 1,200 100 500 (700)

Insurance & Bonds 5900-30-064 1,426 1,550 1,447 1,550 0

Depreciation 6950-30-000 16,151 15,625 15,625 14,804 (821)

Total Expenses 454,801 453,506 406,589 439,160 (14,347)



GOVERNMENT AFFAIRS COUNCIL



21 of 30

Budget 2015

MAS90 2014 2015 2015 2016 vs


Salaries 5010-31-000 28,651 28,932 29,768 11,971 (16,961)

Incentive Compensation 5010-31-058 0 2,114 1,416 1,182 (932)

Payroll Taxes 5020-31-052 2,323 2,618 2,552 1,110 (1,509)


Pension 5020-31-139 2,605 2,924 2,837 1,205 (1,720)

Auto Expense:BUILD 5030-31-000 247 200 72 0 (200)

Corporate Travel 5030-31-178 0 500 250 300 (200)

Misc. Meetings 5035-31-072 76 300 134 1,900 1,600

Office Exp. 5050-31-000 154 240 200 200 (40)

Indirect Overhead / Admin - Build Pac 5060-31-063 4,264 5,855 5,737 3,800 (2,055)

Total Expenses 41,770 47,452 46,621 23,258 (24,194)



BUILD-PAC



22 of 30

Budget 2015

MAS90 2014 2015 2015 2016 vs


Misc. Meetings 4100-33-072 2,500 1,500 1,500 0 (1,500)

Total Revenue 2,500 1,500 1,500 0 (1,500)

Salaries 5010-33-000 2,120 3,000 3,040 3,675 675

Incentive Compensation 5010-33-058 0 205 137 273 68

Payroll Taxes 5020-33-052 179 277 266 351 74

Health/Security/LTD 5020-33-070 218 359 260 452 93

Pension 5020-33-139 213 326 242 326 0

Miscellaneous Meetings 5035-33-072 1,728 4,000 3,500 3,500 (500)

Total Expenses 4,458 8,167 7,445 8,577 410



AGC - FEDERAL FACILITIES



23 of 30

Budget 2015

MAS90 2014 2015 2015 2016 vs


Misc Income/Labor Forms 4900-34-220 144 0 784 0 0


Salaries 5010-34-000 157,254 167,549 173,574 172,069 4,520


Payroll Taxes 5020-34-052 12,670 15,437 16,209 16,220 783


Pension 5020-34-139 15,332 18,201 16,078 18,710 509

Auto Expense 5030-34-000 954 1,200 682 1,200 0

Legal 5040-34-060 6,090 7,200 8,525 6,000 (1,200)

Office Exp. 5050-34-000 317 480 1,264 480 0

Postage - Labor 5050-34-069 69 120 249 120 0

Cell Phone Exp.- Labor 5087-34-000 768 900 974 1,200 300

Labor Relations 5120-34-163 1,206 2,400 3,588 2,400 0

Trustee Expense 5120-34-166 1,217 1,550 1,894 2,000 450

Depreciation 6950-34-000 386 386 386 129 (257)

Total Expenses 213,402 252,362 251,685 262,118 9,756



LABOR



24 of 30

Budget 2015

MAS90 2014 2015 2015 2016 vs


Salaries 5010-40-000 10,620 10,272 10,512 10,512 240

Incentive Compensation 5010-40-058 0 818 548 1,091 273

Payroll Taxes 5020-40-052 893 965 915 1,009 44


Pension 5020-40-139 961 1,001 987 1,029 27

Corporate Travel 5030-40-178 654 525 250 525 0

Resource Materials 5050-40-074 237 300 190 300 0

Open Shop Dinner Meeting 5120-40-167 676 375 413 375 0

Open Shop Speaker Exp. 5120-40-168 0 200 50 200 0

Open Shop Meeting Costs 5120-40-169 119 200 543 200 0

Open Shop Seminars 5120-40-170 926 375 318 375 0

Top Student Awards 5120-40-171 500 575 675 575 0

Misc. Industry Support 5120-40-172 950 1,025 675 1,025 0

Total Expenses 17,874 18,083 17,483 18,680 598

Net Operating Income (Loss) (17,874) (18,083) (17,483) (18,680) (598)


OPEN SHOP



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Budget 2015

MAS90 2014 2015 2015 2016 vs


Members' Event Income 4100-12-175 60 4,500 0 8,000 3,500

District Mtgs - Seattle 4100-12-177 12,806 13,700 12,185 9,800 (3,900)

Golf - Seattle District 4150-12-176 45,413 44,000 47,826 46,000 2,000

Total Revenue 58,279 62,200 60,011 63,800 1,600

Salaries 5010-12-000 117,406 110,756 113,216 135,081 24,325


Payroll Taxes 5020-12-052 9,918 10,337 9,853 16,110 5,773

Health/Security/Ltd 5020-12-070 13,398 14,560 14,107 17,572 3,012

Pension 5020-12-139 11,473 11,935 11,717 12,194 259

Auto Expense 5030-12-000 933 1,500 928 1,500 0

Miscellaneous Meetings 5035-12-072 330 1,500 960 1,500 0

Office Expense 5050-12-000 46 500 366 500 0

Postage - Seattle District 5050-12-069 14 400 367 400 0

Contract Printing 5050-12-074 0 600 600 600 0

Membership Dues 5060-12-061 3,075 4,000 3,350 4,000 0

Donations 5060-12-063 1,500 1,500 1,500 1,500 0

Cell Phone Exp.- Seattle 5087-12-000 773 900 1,150 1,200 300

Local Gov't Affairs 5130-12-174 3,066 6,000 7,021 6,000 0

Membership Promotion 5140-12-080 1,327 3,200 2,472 8,200 5,000

Holiday Open House 5140-12-175 8,341 10,000 10,138 10,000 0

Memb mtgs/ Seattle 5140-12-177 15,541 18,500 11,823 12,250 (6,250)

UW Construction Hall of Fame 5150-12-173 0 0 0 2,500 2,500

Member Events - Expense 5150-12-175 0 10,000 0 8,000 (2,000)

Golf Tournament - Seattle District 5150-12-176 35,805 44,000 37,542 46,000 2,000

Depreciation 6950-12-000 263 0 263 88 88

Total Expenses 223,210 258,506 232,948 296,285 37,780



SEATTLE DISTRICT



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Budget 2015

MAS90 2014 2015 2015 2016 vs


District Mtgs - Southern 4100-14-177 13,160 18,900 21,920 21,000 2,100

Golf - Southern District 4150-14-176 37,925 37,000 48,737 44,450 7,450

Total Revenue 51,085 55,900 70,657 65,450 9,550

Salaries 5010-14-000 149,339 143,450 148,353 147,250 3,800


Payroll Taxes 5020-14-052 12,550 13,688 13,172 14,389 701


Pension 5020-14-139 13,084 13,711 13,910 14,095 384

Auto Expense 5030-14-000 1,067 1,800 1,300 2,904 1,104

Corporate Travel 5030-14-178 363 540 371 504 (36)

Miscellaneous Meetings 5035-14-072 2,537 1,500 1,414 6,500 5,000

Office Exp. 5050-14-000 5,445 2,400 2,000 2,400 0

Office Equipment Maintenance 5050-14-067 3,065 3,000 1,709 2,496 (504)

Postage - South District 5050-14-069 77 1,464 866 1,464 0

Office Equipment - Interest - FIFE 5050-14-290 859 650 579 660 10

Subscriptions 5060-14-062 299 150 0 0 (150)

Donations - Pierce County CC Day 5060-14-063 0 1,000 1,000 1,000 0

Telephone Exp.- Southern 5086-14-000 6,293 6,900 7,073 5,400 (1,500)

Cell Phone Exp.- Southern 5087-14-000 768 840 807 840 0

Memb Mtgs/ Southern 5140-14-177 22,649 28,100 16,280 37,000 8,900

Golf Tournament - Southern District 5150-14-176 30,885 36,000 29,776 33,000 (3,000)

Depreciation 6950-14-000 1,375 802 1,375 1,189 387

Total Expenses 271,717 291,891 271,782 311,331 19,441



SOUTHERN DISTRICT



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Budget 2015

MAS90 2014 2015 2015 2016 vs


Memb Mtgs/Northern District 4100-46-177 0 0 1,380 0 0

Membership Training 4100-46-189 500 0 0 0 0

Total Revenue 500 0 1,380 0 0

Salaries 5010-46-000 60,414 56,875 58,975 60,376 3,500


Payroll Taxes 5020-46-052 5,093 5,377 5,168 5,810 433

Health/Security/LTD 5020-46-070 7,785 8,516 8,199 8,508 (8)

Pension 5020-46-139 6,146 6,226 6,144 6,606 380

Auto Expense 5030-46-000 3,202 2,400 4,490 3,600 1,200

Corporate Travel 5030-46-178 443 600 349 600 0

Miscellaneous Meetings 5035-46-072 2,059 1,600 1,595 1,600 0

Office Exp. 5050-46-000 1,155 750 370 480 (270)

Postage - North District 5050-46-069 550 600 292 240 (360)

Membership Dues 5060-46-061 834 1,000 1,400 1,000 0

Subscriptions 5060-46-062 484 190 466 165 (25)

Rent - N. District 5070-46-000 9,000 9,000 8,250 9,000 0

Telephone Exp.- Northern 5086-46-000 0 50 36 50 0

Cell Phone Exp.- Northern 5087-46-000 1,254 960 837 900 (60)

Community Services/ Image Bldg 5120-46-185 2,700 1,500 950 1,500 0

Membership Training 5120-46-189 2,752 4,000 3,885 4,000 0

Local Gov't Affairs 5130-46-174 825 1,000 758 800 (200)

Membership Promotion 5140-46-080 787 1,000 829 5,900 4,900

Memb mtgs/ Northern 5140-46-177 8,563 7,200 8,487 8,100 900

Insurance & Bonds 5900-46-064 545 600 528 0 (600)

Total Expenses 114,591 114,217 115,206 126,059 11,842



NORTHERN DISTRICT



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Budget 2015

MAS90 2014 2015 2015 2016 vs


Memb Mtgs/Central Wa District 4100-48-177 555 1,000 500 500 (500)

Member Training 4100-48-189 96 600 300 150 (450)

Golf Tournament-Central WA 4150-48-081 17,355 16,000 21,455 18,900 2,900

Total Revenue 18,090 17,600 22,255 19,550 1,950

Salaries 5010-48-000 77,917 75,328 77,090 77,088 1,760


Payroll Taxes 5020-48-052 6,546 7,077 6,708 7,402 325


Pension 5020-48-139 7,048 7,342 7,238 7,542 200

Auto Expense 5030-48-000 0 0 0 0 0

Corporate Travel 5030-48-178 949 2,070 1,244 1,350 (720)

Office Exp. 5050-48-000 1,765 1,425 1,110 1,425 0

Postage - Central District 5050-48-069 177 225 80 225 0

Membership Dues 5060-48-061 3,009 2,750 2,850 3,070 320

Subscriptions 5060-48-062 363 200 126 200 0

Rent - C. District 5070-48-000 6,396 7,020 6,678 6,900 (120)

Internet Service Provider 5084-48-000 730 720 685 720 0

Telephone / Cable TV - Central 5086-48-000 727 732 687 732 0

Cell Phone Exp.- Central 5087-48-000 768 840 1,100 840 0

Member Training Meetings 5120-48-189 925 1,800 1,840 1,800 0

HR Roundtable 5120-48-266 486 650 333 650 0

Local Gov't Exp. 5130-48-174 1,132 1,000 993 1,000 0

Membership Promotion 5140-48-080 2,397 2,400 2,100 7,400 5,000

Memb mtgs/ Central WA 5140-48-177 5,391 3,300 2,498 3,300 0

Golf Tournament - Central District 5150-48-081 14,807 15,000 16,312 15,000 0

Insurance & Bonds 5900-48-064 588 650 581 650 0

Depreciation 6950-48-000 410 410 410 410 0

Total Expenses 142,338 147,581 145,001 156,445 8,864



CENTRAL DISTRICT



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Budget 2015

MAS90 2014 2015 2015 2016 vs


LT Investment - Dividend MM 4801-90-000 15,436 0 7,686 0 0

LT Investment - Bond Interest 4802-90-000 23,769 24,000 10,150 24,000 0

Subtotal Interest and Dividends 39,206 24,000 17,836 24,000 0

LT Inv Real Gain(Loss)-Basis 4850-90-000 111,771 0 31,924 0 0

LT Inv Unreal Gain(Loss)-Mrkt 4851-90-000 (27,025) 0 (88,159) 0 0

Gain/Loss on Disposal of Asset 4950-90-000 0 0 0 0 0

Subtotal Gain (Loss) 84,746 0 (56,236) 0 0

Total Revenue/ Gain (Loss) 123,952 24,000 (38,400) 24,000 0

Investment Consultant Fee 5800-90-000 11,161 12,000 5,847 12,000 0

Total Expenses 11,161 12,000 5,847 12,000 0

Net Operating Income (Loss) 112,791 12,000 (44,247) 12,000 0


NON-OPERATING



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2016 2015 2015Capital Capital Capital

Proposed Approved ForecastBudget Budget Actual

Buildings Buildings

Seattle Building Seattle Building

Annex Building Roof 25,000 Replace 1st and 2nd Floor Slider Doors 100,000 37,011Upgrade Tower Lobby Lighting Floors 3 - 10 30,000 Renovate Building Restrooms - 2 Floors 70,000 72,660Replace Boiler 140,000 Video Cameras 18,000 12,753First Floor Ceiling Tiles 10,000 Generator Upgrade 5,203 4,315Second Floor Ceiling Tiles 40,000 Stairwell Lock Upgrade 5,727 5,876Digital Directory 8,000 McKinstry - VFD Controller for HVAC 0 15,421First Floor Lobby Upgrade 75,000 Sump Pumps 0 41,000Window Film - South Side 60,000 Paint - Annex Building 0 7,250

First and Second Lobby Design Work 0 50,000

Fife Building Fife Building

Fife Building 0 Fife Building - Roof 55,000 34,829

Subtotal 388,000 Subtotal 253,930 281,115

Tenant Improvements Tenant Improvements

Seattle Building - Various Suites 140,000 Seattle Building - Various Suites 125,000 151,118Starbucks 30,000 Fife Building - Suite C 0 8,500


Leasing Commissions Leasing Commissions

Commissions 80,000 Commissions 80,000 81,725


Building Total 638,000 Building Total 458,930 522,458

Marina Marina

Marina Slip Signage 0 5,586

Marina Total 0 Marina Total 0 5,586

Association Association

Technology Technology

Server Upgrade 40,000 Server / Computer Upgrade 14,500 4,500Exchange Upgrade 9,500


Member Services Member Services

DataBase 20,000 DataBase 90,000 40,000Workstation Computers 10,500 Lake Union and 2nd Floor Video Conferencing 0 60,000

Seattle Office Seattle Office


Safety Safety

Subtotal 0 Subtotal 0 0

Government Affairs Office Government Affairs Office

Subtotal 0 Subtotal 0 0

Association Total 80,000 Association Total 104,500 104,500

Replenish Reserve Account 0 Replenish Reserve Account 0 0

Subtotal - Capital Expenses 718,000 Subtotal - Capital Expenses 563,430 632,544

Debt Service 0 Debt Service 78,000 450,000

AGC TOTAL PROPERTY & EQUIPMENT 718,000 AGC TOTAL PROPERTY & EQUIPMENT 641,430 1,082,544

2016 AGC PROPOSED PROPERTY & EQUIPMENT (CAPITAL) BUDGET

H:\Acctg\12. Budget & Cash Flow\3. Capital Budget & Projection\2016 Proposed Capital Budget

BOARD OF TRUSTEES MEETING December 7, 2015 4 – 5 PM … · 2019-08-19 · 1 BOARD OF TRUSTEES...

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Transcript of BOARD OF TRUSTEES MEETING December 7, 2015 4 – 5 PM … · 2019-08-19 · 1 BOARD OF TRUSTEES...