NLTAPA BUDGETNLTAPA Business Meeting

July 21, 2015

Savannah, GA

Budget Basics

• Key Activities• Partnerships (PS)• Professional

Development (PD)• Resource

Development (RD)

Task2015

BudgetKey

Activities2016+ Budget (Estimated)

Winter Business Meeting $2,400 PS, PD $2,400Fall EC Meeting $12,000 PS, PD, RD $12,000Offi cers at Region Meeting $4,000 PD $10,000Miscellaneous Supplies $200 $200Credit Card Processing Fees $500 $500Total EC Budget $19,100 $25,100

Work Group BudgetsCommunications $3,608 PS, PD $3,500Partnerships $4,578 PS $5,250Professional Development $1,800 PD $1,800Safety $5,827 PS, RD $6,500Training Resources $1,900 RD $1,850Work Group Total Budget $17,713 $18,900NLTAPA Total Budget $36,813 $44,000Expected 2015 Dues $29,000 $29,000Total Carry Forward $7,813 $0Surplus/(Deficit) $0 ($15,000)

Budget Expenses

• Executive Committee = $25,100

• Work Groups/Joint Programs = $18,900

• Safety = $6,500 (4 trips)• Partnerships = $5,250 (3 trips)• Communications = $3,500 (website development)• Training Resources = $1,850 (1 trip, YouTube/Flickr

accounts)• Professional Development = $1,800 (1 regional trip,

awards, LTAP/TTAP Academy)

Safety

• Estimated Budget = $6,500• Participate in Partner Meetings = 4 Trips

• AASHTO SCOHTS• AASHTO Safety Performance Committee• AASHTO Safety Management Subcommittee• National Tribal Transportation Conference

Partnerships

• Estimated Budget = $5,250• Participate in Partner Meetings = 3 Trips

• NACE Annual Meeting• APWA Congress• AASHTO Annual Meeting

Communications

• Estimated Budget = $3,500• Website Upgrades/Maintenance = $3,392• Monthly Newsletter = $108

Training Resources

• Estimated Budget = $1,850• Attend NTTD Annual Meeting = $1,800• YouTube & Flickr accounts = $50

Professional Development

• Estimated Budget = $1,800• Travel to NDO = $1,000• Achievement & Center Awards = $500• LTAP/TTAP Academy = $300

Future Budget Options

• Option 1: Reduce NLTAPA Travel Expenses• Cut Spring Officer’s Meeting + 3 Trips from WGs

OR• Cut All Trips from WGs

• Option 2: Increase Dues• Increase dues from $500/Center to $750/Center

• Generates $43,500 in revenue per year (up from $29,000)

Recommendation

• Option 2: Increase Dues• Increase dues from $500/Center to $750/Center

• Generates $43,500 in revenue per year (up from $29,000)

Current NLTAPA Funds

• Assets as of 6/30/15 = $96K• 2015 Conference Funds = $26K• Conference Reserve = $24K• Operations Reserve = $11K

• Remaining Assets = $35K• Remaining 2016 Expenses (from budget) = $30K

• Majority of expenses occur in the 2nd half of each year

• Available Balance = $5K