I am posting a tentative 2012 budget for Orienteering USA on Board Net for general board discussion and general information.

 

While I believe this budget represents the overall view of the finance committee, the committee has not reached a firm consensus budget recommendation. We will continue our discussion during the coming week, but I feel it important to expand the discussion to everyone interested and I am therefore presenting this draft.

 

At the August board meetings, the Orienteering USA Board of Directors expressed a desire for a 2012 budget that supported our Team financially and was a balanced budget. Committees of the Board were formed to propose actions to increase both non-start revenue and starts. This budget includes what I consider conservative estimates of our revenues for 2012 based on our past experience and the ideas of those committees. While the proposed budget a much smaller deficit than that for 2011, it does not meet the goal of balance. I hope the discussion over the coming week will include specific ideas for increased revenue and possible savings on expenditures.

 

A few specific comments where things may not be clear. The deficit in budgeted team expenses less budgeted team income (all of which reflects team-restricted income) shown in the individual team accounts is a general responsibility not a team responsibility. It will be made up from general, unrestricted, Orienteering USA income. In 2012 the item "Club Dues" includes the insurance contributions. These are no longer broken out separately from club dues. The 2012 "Sanctioning Fees" income includes income expected from third party sanctioned meets as well as club run A meets. The club meet part of that item is based conservatively on presently schedule meets.

 

I look forward to comments, and I will be available at the meet this weekend from Thursday evening on to discuss Orienteering USA finances with interested parties.

 

Louis Pataki

VP Finance

Orienteering USA