Exhibit A1
MILLENNIUM ASSOCIATION OF REALTORS®
2003 Proposed Budget
PROPOSED PROPOSED
2001 2001
BUDGET TOTAL
BREAKOUT BUDGET
INCOME
6001.000 Transfers General Administration 20,700.00
6010 Transfer - Capital Equipment Fund 19,500.00
6015 Transfer - Capital Sinking Fund 1,200.00
6064.000 Legal Action Assessment ($10 per new member) Legal Action Committee 1,250.00
Legal Action Assessment 1,250.00
6100.000 Membership Dues Membership Dues 98,350.00
6102 Affiliate 6,500.00
6103 Corporate Affiliate 400.00
6104 Institute Affiliate 450.00
6106 Non-Member Salesperson 14,000.00
6108 Realtor 77,000.00
6110 Realtors-Associate
6112.000 Membership Application Fees Membership Dues 16,000.00
Membership Application Fees 16,000.00
6114.000 MLS Participation Fees MLS Administration 210,000.00
MLS Participation Fees 210,000.00
6115.000 Real Select MLS Administration 10,000.00
Real Select 10,000.00
6120.000 Interest Income General Administration 4,000.00
Interest Income 4,000.00
6150.000 REALTOR Magazine/Newsletter Magazine/Newsletter 9,000.00
6152 Advertising 9,000.00
6200.000 Royalty Fees Affinity Programs 1,200.00
Royalty Fees 1,200.00
6300.000 Store Sales/Lists/Forms Standard Forms/Mailing Labels/Store Products 16,500.00
6306 Mailing Lists 500.00
6307 Store Products 4,000.00
6308 Standard Forms 12,000.00
6410.000 Professional Standards Grievance Committee/Professional Standards 1,450.00
6412 Arbitration 1,250.00
6414 Transcripts 200.00
6440.000 Meetings/Convention 36,000.00
6442 Monthly Membership Meetings Membership Meetings 12,000.00
6444 Annual Legislative Reception Legislative Reception 2,000.00
6446 Annual Education Fair Education Fair 6,000.00
6448 Annual Banquet and Installation Annual Banquet 12,000.00
6450 Annual Golf Outing Golf Outing 4,000.00
6451.000 Community Service Project Community Service Project 3,000.00
Community Service Project 3,000.00
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Exhibit A2
PROPOSED PROPOSED
2001 2001
BUDGET TOTAL
BREAKOUT BUDGET
6458.000 Education - Direct Course Income 33,500.00
6460 GRI Courses Education Courses/Programs 5,000.00
6462 MCE Courses Education Courses/Programs 13,500.00
6464 Other Courses - Non-MCE Education Courses/Programs 6,000.00
6466 Technology Courses Education Courses/Programs 9,000.00
TOTAL INCOME 460,950.00 460,950.00
EXPENSE
8001.000 Accounting General Administration 3,700.00
8010 Audit 2,500.00
8015 Payroll Services 1,200.00
8025.000 Administrative Expenses General Administration 133,100.00
8026 Salaries 88,000.00
8028 Bonuses 4,000.00
8029 Adjustments 1,000.00
8030 Social Security and Medicare 9,900.00
8031 Federal Unemployment 4,800.00
8032 State Unemployment 3,900.00
8033 Employee Insurance 10,500.00
8034 Retirement 8,000.00
8035 Staff Training and Development 2,000.00
8036 Staff Dues 1,000.00
8100.000 Awards and Recognition Awards/Recognition/REALTOR® of the Year 3,100.00
8102 Awards and Recognition 2,500.00
8104 Permanent Name Badges 300.00
8106 REALTOR of the Year 300.00
8150.000 Board of Directors & Executive Committee Executive Committee & Board of Directors 600.00
Meals/Refreshments 600.00
8200.000 Committee Expenses 600.00
8202 Budget & Finance Committee Budget & Fin/Bylaws 50.00
8204 Bylaws Committee Bylaws & Structural Review 50.00
8206 Community Service Committee Community Service 50.00
8208 Equal Opportunity Committee Fair Housing 50.00
8212 Governmental Team Government Affairs 100.00
8214 Grievance Committee Grievance Committee/Professional Standards 50.00
8216 Professional Standards Committee Grievance Committee/Professional Standards 100.00
8220 MLS/Information/Technology MLS Administration 100.00
8222 Nominating Committee Nominating 50.00
8250.000 Computer Maintenance & Repairs General Administration 2,000.00
Computer Maintenance & Repairs 2,000.00
8275.000 Dues & Subscriptions General Administration 600.00
Dues & Subscriptions 600.00
8325.000 Equipment Maintenance General Administration 2,200.00
Equipment Maintenance 2,200.00
8375.000 Flowers, Gifts and Memorials REALTOR® Image/Public Relations 300.00
Flowers, Gifts and Memorials 300.00
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Exhibit A3
PROPOSED PROPOSED
2001 2001
BUDGET TOTAL
BREAKOUT BUDGET
8380.000 Building Maintenance and Utilities General Administration 6,000.00
Building Maintenance and Utilities 6,000.00
8400.000 Insurance and Bonds General Administration 500.00
Insurance and Bonds 500.00
8440.000 Meetings/Convention 31,500.00
8441 Monthly Membership Meetings Membership Meetings 12,000.00
8442 Annual Legislative Reception Legislative Reception 3,000.00
8443 Annual Education Fair Education Fair 4,500.00
6444 Annual Banquets and Installation Annual Banquet 9,000.00
8445 Annual Golf Outing Golf Outing 3,000.00
8450.000 Community Service Project Community Service 3,000.00
Community Service Project 3,000.00
8475.000 Planning Retreat Planning Retreat 1,500.00
Planning Retreat 1,500.00
8500.000 Leadership Training & Materials Leadership Training 500.00
Leadership Training & Materials 500.00
8550.000 New Member Orientation Programs New Member Orientation 3,000.00
8552 Materials 1,500.00
8554 Instructor Fees 1,500.00
8625.000 Education Courses - Direct Expenses Education Courses 20,800.00
8630 GRI Courses 3,200.00
8635 MCE Courses 8,900.00
8640 Other Courses - Non-MCE 2,200.00
8645 Technology Courses 6,500.00
8650.000 Broker Roundtables Broker Roundtables 1,500.00
Broker Roundtables 1,500.00
8675.000 MLS Administration - Vendor Fees MLS Administration 90,000.00
MLS Administration - Vendor Fees 90,000.00
8700.670 Property Records - Purchase of Date Property Records Administration 5,000.00
Property Records - Purchase of Date 5,000.00
8725.000 America On Line Service E-mail 360.00
America On Line Service 360.00
8750.000 Legal General Administration 3,000.00
Attorney Fees 3,000.00
8775.000 Mortgage Expense General Administration 9,000.00
Mortgage Expense 9,000.00
8800.000 Needs Analysis Needs Analysis/Focus Group 1,200.00
Focus Groups 1,200.00
8825.000 New Member Brochures New Member Brochures 1,200.00
New Member Brochures 1,200.00
Page 3
Exhibit A4
PROPOSED PROPOSED
2001 2001
BUDGET TOTAL
BREAKOUT BUDGET
8850.000 Office Supplies and Beverages General Administration 600.00
Office Supplies and Beverages 600.00
8910.000 Postage and Delivery General Administration 6,500.00
Postage and Delivery 6,500.00
8920.000 Printing General Administration 4,500.00
Printing 4,500.00
8930.000 Professional Standards Administration Grievance Committee/Professional Standards 600.00
Professional Standards Administration 600.00
8940.000 Broadcast FAX Bulletin Broadcast FAX 4,500.00
Broadcast FAX Bulletin 4,500.00
8950.000 Magazine/Bulletin/Newsletter Magazine/Bulletin/Newsletter 5,000.00
Magazine/Bulletin/Newsletter 5,000.00
8960.000 REALTOR® Image - Public Relations Public Relations 1,000.00
REALTOR® Image - Public Relations 1,000.00
8970.000 Standard Forms/Store Products Standard Forms/Mailing Labels/Store Products 4,500.00
8974 Printing 1,500.00
8975 Purchase Store Products 3,000.00
8990.000 Taxes and License Fees General Administration 4,500.00
Taxes and License Fees 4,500.00
9000.000 Telephone General Administration 6,000.00
Telephone 6,000.00
9420.000 Travel 20,000.00
9421 President's Travel 25% State Meetings/75% NAR Meetings 7,000.00
9422 President Elect's Travel 50% State Meetings/50% NAR Meetings 4,000.00
9423 EVP Travel 25% State Meetings/75% NAR Meetings 7,000.00
9424 Staff Travel State Meetings 2,000.00
9450.000 Web Site Administration Web Site Administration 3,000.00
Web Site Administration 3,000.00
9455.000 Capital Items General Administration 19,000.00
9456 Copier 13,500.00
9457 Laser Printer 2,500.00
9458 Lap Top Computer 3,000.00
9460.000 Bank/Check Printing Charges General Administration 500.00
Bank/Check Printing Charges 500.00
9465.000 Contributions General Administration 27,000.00
9466 Contribution - Capital Sinking Fund 5,000.00
9467 Contribution - Capital Equipment Fund 22,000.00
TOTAL EXPENSES 431,460.00 431,460.00
PROFIT/(LOSS) - Added to Reserves 29,490.00
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