and a few increases.
The LNC Treasurer writes on the LNC business list: “I am proposing a series of budget amendments, discussed at the last meeting, for approval as a group.”
The motion was made by the National Chair and is now being voted upon.
A few notes: The ballot expenses refer only to the current calendar year, where a more accurate estimate of year costs is now in hand, so the cuts are not consequential. The increase in Accounting includes the hopefully one-time costs of the switchover.
In round numbers, revenue was reduced by $130,000. Ballot access spending was reduced by $100,000. Accounting went up by $42,000. General legal costs are now up to $85,000.
Revenue Adjustments
- Adjust budget for 4000-10 (Recurring Membership Revenue) from $567,129 to $530,000
- Adjust budget for 4000-20 (Other Membership Revenue) from $352,754 to $310,000
- Adjust budget for 4000-30 (General Fundraising Revenue) from $168,675 to $140,000
- Adjust budget for 4000-40 (Bal Access / Voter Reg Revenue) from $121,939 to $100,000
- Adjust budget for 4000-50 (Cand/Camp Revenue) from $7,852 to $6,000 Expense Adjustments
- Adjust budget for 7000-20 (Other Membership Expense) from $30,000 to $15,000
- Adjust budget for 7000-30 (General Fundraising Expense) from $40,533 to $65,000
- Adjust budget for 7000-81 (Outreach & Activism Expense) from $68,157 to $58,000
- Adjust budget for 7000-84 (Ballot Access Petitioning) from $140,000 to $80,000
- Adjust budget for 7000-86 (Ballot Access Legal) from $25,000 to $5,000
- Adjust budget for 7000-87 (Ballot Access Lobbying) from $25,000 to $0
- Adjust budget for 8080 (Payroll Services) $2,500 to $10,000
- Adjust budget for 8190 (Software, Hardware, Other IT) from $56,360 to $40,000
- Adjust budget for 8210-10 (Legal General) from $75,000 to $85,000
- Adjust budget for 8220 (Accounting) from $18,000 to $60,000
A significant ballot access funding decrease? Didn’t the LNC inherit the funds of the LPVA at the tail end of last year when the state party dissolved, specifically mandated to be spent funding the ballot access program?
Maybe the extra 10k for general legal use is to build a defense against the inevitable misappropriation lawsuit.