ADGA
Summary of Budget Changes
October 2004

Proposed Revised 2004 Budget - significant changes to income.
1. Registration income has been reduced because the projected 2% increase in volume did not materialize and we have seen a slight reduction in registration volume by almost 600. In addition the $1 increase during the rush season was paid on 22,000 registrations not 25,000 projected.

2. Transfer income has been reduced because of the decrease in transfers through September.

3. Membership income has been reduced as well because of the decrease in renewing members.

4. Linear appraisal income as been adjusted to reflect this year's volume.

5. National Show has been increased significantly due to the actual revenue generated during the show. A significant part of this increase is from fund raising.

6. Interest income has been reduced to reflect the actual projected 2004 level.

Proposed Revised 2004 Budget - significant changes in expenses.

1. Salaries and personnel expenses have been reduced to reflect projected actual totals. The decision not to hire an IT/Data Processing Manager and contracting the Performance Programs Manager duties has resulted in this decrease.

2. Show Rosettes have been reduced because of the savings from the new contract with a different provider in 2004. The almost 20% reduction in cost per rosette is now reflected in the revised budget.

3. Supplies and Printing has been reduced because bulk purchasing at the end of 2003 as resulted in no need to purchase service memos, vinyl protector, 4-generation pedigrees, registration certificates, and letterhead in 2004.

4. Telephone and Postage was reduced to reflect the new telephone rates obtained from changing to Bell South.

5. Building and Grounds expense was increased for the following items: roof repair $2,000 (to be done this fall), interior wall painting $2,675, safety railings within the office $1,050 and carpeting for $10,628.

6. Equipment expense has been reduced to reflect current expense levels. No small cost upgrades in 2004. See IM Committee report for 2005 proposal.
7. Grants and scholarships have been increased to reflect three 2003 Dean Scholarships actually paid in 2004.

8. Data Processing expense has been increased to reflect the agreement with Orix to provide IT system maintenance.

9. Computer System Depreciation has been increased to reflect the actual amount calculated by the Auditor.

10. Other Administrative has been broken down to provide greater detail since this budget line has grown substantially. No change in the total amount.

Proposed 2005 Budget - income
1. Registration income has been increased to reflect 1000 reregistered Nigerian Dwarves from AGS and 600 initial registrations of kids. This is a initial best estimate based on consultation with several Nigerian Dwarf breeders.

2. National Show income is reflected at a conservative level based on discussion with the National Show Chair.

Proposed 2005 Budget - expenses
1. The Association Manager will present a salary review to the finance committee prior to the Annual Meeting. No change reflected at this time.

2. Personnel expense has been increased to reflect a full year Performance Programs coordinator. 3. Building and Grounds has been reduced to historical levels.

4. Annual Meeting has been reduced to reflect the lower cost of Director stipends based on location of next years annual meeting.

5. Data Processing expense has been increased to reflect the IM Committee proposal to contract system maintenance.

6. Computer System Depreciation is reduced to reflect the change from ARMS to ROSS.

7. A one time expense line has been added to show the write off of the ARMS system no longer be used in 2005.

Capital Expenditures
1. IM Committee is requesting $60,000 for on-line registration and data/pedigree query. The IM Committee at the Annual Meeting will make a more detailed proposal.

2. IM Committee is requesting $15,000 for upgrades for all office computers.

3. The Association Manager is requesting 5 new workstations/desks at $3,000 each for a total of $15,000. The Association Manager will make a detailed proposal at the Annual Meeting.