2017 March Board Book
CALIFORNIA MILK ADVISORY BOARD
Budget VS Actual For Calendar Year January 1, 2016 through December 31, 2016
INCOME
Budget
Budget
Budget
%
Revenue
Balance
Revised
Revisions
Original
INCOME SOURCE
ASSESSMENTS TRANS. FROM QUALIFIED PROGRAMS NON-ASSESSMENT INCOME REQUIRED RESERVE CARRYOVER CASH BALANCE CARRYOVER
100
$83,196.72
$41,083,196.72
$41,000,000.00
$0.00 $0.00 $0.00 $0.00 $0.00
$41,000,000.00
0
$0.00
$0.00
$0.00
$0.00
182 100
$245,064.71
$545,064.71 $500,000.00 $6,450,871.50
$300,000.00 $500,000.00 $9,500,000.00
$300,000.00 $500,000.00 $9,500,000.00
$0.00
68
($3,049,128.5Q)
95
($2,720,867.07)
$48,579,132.93
$51,300,000.00
$0.00
$51,300,000.00
EXPENDITURES
Budget
Budget
Budget
%
Balance
Expenditures
Revised
Revisions
Original
ADVERTISING, PROMOTION AND RESEARCH PROGRAMS ADVERTISING
94 91 91
$1,262,303.96 $793,155.72 $130,534.69 ($50,000.00) $107,408.88 $420,555.33 $1,042,293.38 $86,389.74
$19,237,696.04 $8,026,844.28 $1,249,465.31 $2,502,974.00 $213,610.26 $641,591.12 $3,554,444.67 $4,538,231.62 $235,392.10 $430,440.20 $1,040,109.32 $1,123,356.63
$20,500,000.00 $8,820,000.00 $1,380,000.00 $2,452,974.00 $300,000.00 $749,000.00 $3,975,000.00 $5,580,525.00 $335,000.00 $500,000.00 $1,220,000.00 $1,851,000.00
$20,500,000.00 $8,820,000.00 $1,380,000.00 $2,452,974.00 $300,000.00 $749,000.00 $3,975,000.00 $5,580,525.00 $335,000.00 $500,000.00 $1,220,000.00 $1,851,000.00
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
MARKET ENHANCEMENT
FOODSERVICE
CA DAIRY RESEARCH FOUNDATION
102
EDUCATION & COMMUNITY RELATIONS
71 86 89
PRODUCER RELATIONS
COMMUNICATIONS
81
INTERNATIONAL INITIATIVE PROCESSOR RELATIONS
70
$99,607.90
INDUSTRY INTELLIGENCE
86
$69,559.80
$0.00
TRADESHOWS
85
$179,890.68 $727,643.37
$0.00 $0.00
KIDS MILK MARKETING & RESEARCH
61
90
$4,869,343.45
$47,663,499.00
$42,794,155.55
$47,663,499.00
$0.00
OFFICE OPERATIONS
OFFICE OPERATIONAL
100 106 100
$57.05
$299,942.95 $248,778.14 $44,944.33 $34,996.03 $37,071.17
$300,000.00 $235,500.00
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
$300,000.00 $235,500.00
RENT EXPENSE
($13,278.14)
TRAVEL & AUTOMOBILE
$55.67
$45,000.00
$45,000.00
LEGAL EXPENSE
35 82
$65,003.97
$100,000.00 $45,000.00 $40,000.00 $65,000.00 $40,000.00
$100,000.00
FREIGHT & POSTAGE
$7,928.83
$45,000.00
AUTOMOBILE PURCHASES
0
$0.00
$40,000.00
$40,000.00
CLERICAL AND OFFICE EQUIPMENT
99 94
$527.71
$64,472.29 $37,632.00
$65,000.00 $40,000.00
LIABILITY INSURANCE
$2,368.00
88
$102,663.09
$767,836.91
$870,500.00
$870,500.00
$0.00
ADMINISTRATIVE WAGES & BENEFITS EMPLOYEE INSURANCE
69
$42,349.14 $10,424.66 $200,000.00 $123,364.35
$92,650.86 $29,575.34
$135,000.00
$135,000.00
$0.00 $0.00 $0.00 $0.00
MONEY INVESTMENT PLAN
74
$40,000.00
$40,000.00
RETIREMENT PLAN SALARIES & WAGES
0
$0.00
$200,000.00 $735,000.00
$200,000.00 $735,000.00
83
$611,635.65
66
$376,138.15
$733,861.85
$1,110,000.00
$1,110,000.00
$0.00
STATE OF CA. DEPARTMENTAL CHARGES MARKETING BRANCH
73
$30,097.89
$79,902.11 $30,000.00
$110,000.00
$110,000.00
$0.00 $0.00 $0.00
COMPLIANCE & FISCAL AUDIT MILK MARKET ENFORCEMENT
75 67
$10,000.00
$40,000.00
$40,000.00
$2,500.00
$5,000.00
$7,500.00
$7,500.00
73
$42,597.89
$114,902.11
$157,500.00
$157,500.00
$0.00
BOARD MEETING EXPENSES
98
TRAVEL EXPENSES MEETING EXPENSES
$1,393.64 ($538.52) $7,412.34
$83,606.36
$85,000.00
$85,000.00
$0.00 $0.00 $0.00
101
$100,538.52
$100,000.00
$100,000.00
84
PER DIEM BOARD
$37,587.66
$45,000.00
$45,000.00
96
$8,267.46
$221,732.54
$230,000.00
$230,000.00
$0.00
TOTALS
78
TOTAL ADMINISTRATION & OPERATIONS
$529,666.59
$1,838,333.41
$2,368,000.00
$2,368,000.00
$0.00
89
TOTAL EXPENDITURES
$5,399,010.04
$44,632,488.96
$50,031,499.00
$0.00
$50,031,499.00
0
REQUIRED RESERVE
$1,268,501.00
$0.00
$1,268,501.00
$1,268,501.00
$0.00
89
TOTAL EXPENDITURES & REQUIRED RESERVE
$6,667,511.04
$44,632,488.96
$51,300,000.00
$0.00
$51,300,000.00
$2,760,000.00
PAYROLL BALANCE
ADMINISTRATIVE AND PROGRAM PAYROLL
$2,753.47
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