budgeting for the regional board. course goals/objectives review elements of the annual budget....
TRANSCRIPT
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Budgeting for the Regional Board
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Course Goals/Objectives
• Review elements of the annual budget.• Develop a budgeting process.• Understand variable vs. fixed costs.• Discuss individual/specific budgets.• Understand how to deal with under and
over runs.
2014 2
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Class Survey Questions• Does anyone hold a position other than Treasurer
or an RC?• What other positions are in the class?
– RRA? RCA? CVPA? Registrar? Others?• Size of Region?
– Less than 300 players? – Greater than 300 and less than 1000
players? – Greater than 1000 players?
• Size of annual Regional budget?– Less than $50K?– Greater than $50K and less than $100K?– Greater than $100K?
2014 3
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Financial Definitions
• Annual Budget:
• Actuals:
• Forecast:
2014 4
Estimate of revenues and expenses for specified 12 months. A report of actual revenues and expenses for a given period.• NAP report.
Report with actual revenues and expenses to-date and estimates for the remaining time, usually one year.
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Revenue (Income)
What items are included?
• Registration fees• Sponsorships• Financial donations• Fund-raising• In-kind donations2014 5
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In-kind Donations What are they?• Product or services that are free or at
less than market price. Local company donates t-shirts for
coaches.
Why track them?• For planning purposes, to ensure
items are covered in future budgets.2014 6
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Major Expenses “Basic/Critical” (Musts)
What items are included?• Players: uniforms.• Volunteers: referee equipment,
training, travel (AYSO EXPO and NAGM).
• Organization: registration, publicity, supplies/postage/phone, fields.
• Capital equipment: goals, nets, etc.
2014
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Other Expenses (Wants)
What items are included?
• Players: awards, photos, apparel, …• Volunteers: recognition, apparel, …• Organization: postage, copying,
meeting, …• Capital: equipment, field
development, …2014 8
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Who owns the budget?
• Regional Treasurer with• Regional Commissioner support
and • Regional Board Members
providing information and • Other volunteers as needed.
2014 9
The entire board owns the budget!!
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With whom should the Treasurer interact to prepare the budget?
• Regional Commissioner• Registrar• Uniform and Equipment Coordinators• Coach Administrator and Referee
Administrator• Other board and non-board members
2014 10
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Building a Budget… from scratch
• Create list of all possible expenses.• Review past checks and receipts for
items, costs, timing.• Look at past deposits amounts and
sources.• Check with former board members.• Schedule budget discussion meetings.• Talk to suppliers.• Call other Treasurers.2014 11
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Key Budgeting Factors
Quantities• Players, teams, and players/team• Referees and coaches• Practice fields per week• Field equipment (nets, flags, paint)• Training classes• AYSO EXPO and NAGM attendees• Sponsors• Copies, ads, mailings
2014 12
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Key Budgeting Factors
Amounts/Costs ($$$)• National player fees• Sponsorship $ levels• Uniform costs• Referee and coach
equipment/apparel• Awards/recognition costs• Training materials costs• Communication costs (printing,
web, etc.)2014 13
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Budgeting Tools• Paper
– Forms– NAP reports– Checkbook
• Software– Excel– Quicken– Money
• Other
2014 14
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Budgeting Tools – Consideration Factors
• Simplicity vs. complexity vs. flexibility.• Special knowledge and/or equipment
(computers) required and costs.• Ease and timeliness of sharing past and
future information.• Time required to integrate changes.• Ability to assess impact of what-if
scenarios.• Accuracy.• Re-use of past, current, future data.• Time needed to train successors.2014 15
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2014 16
Major Consideration Variable vs. Fixed Costs
• Variable expenses are dependent on the number of players.– Uniforms, photos, participation awards, etc.
• Fixed expenses do not depend on the number of players.– Field costs, tournament trophies,
registration costs, etc.
Are “Fixed” Costs Unchanging?? No!!
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2014 17
Costs vs. Number of Players
$0$10$20$30$40$50$60$70$80$90
0 250 500 750 1000
$000
Fixed CostsVariable Costs
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2014 18
Total Costs vs. Number of Players
$0
$10
$20
$30
$40
$50
$60
$70
$80
$90
0 250 500 750 1000
$000
Fixed CostsTotal Costs
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2014 19
Revenue vs. Number of Players
$0
$10
$20
$30
$40
$50
$60
$70
$80
$90
0 250 500 750 1000
$000
Fixed RevenueVariable Revenue
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2014 20
Total Revenue vs Number of Players
$0
$10
$20
$30
$40
$50
$60
$70
$80
$90
0 250 500 750 1000
$000
Fixed RevenueTotal Revenue
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2014 21
Revenue and Costs vs. Number of Players
$0
$10
$20
$30
$40
$50
$60
$70
$80
$90
0 250 500 750 1000
$000
Fixed CostsTotal CostsFixed RevenueTotal Revenue
BREAK-
EVEN!
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Let’s now prepare a budget
2014 22
First - Obtain the budget form
from the Treasurer’s Manual, or from www.ayso.org
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Preparing a Budget – Next Steps
Using the form:1. Estimate revenues.2. Estimate expenditures.3. Subtract expenditures from revenues.4. Add in last year’s account balances.5. Celebrate the surplus.
Or cry over the loss.6. Done!
2014 23
Are there any questions?Right
?
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Using a Budget Process• Develop and communicate the calendar,
including due dates for:– Submittal of individual budgets– Budget reviews and consolidation– Approval meeting– Submittal to AD and National Office
(by June 1)
• Agree on the assumptions that will– be used
• Have each board member submit a budget to cover their area of responsibility
2014 24
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Preparing a Budget: Using a Process
• Estimate revenue first, or expenses first?–Depends upon degree of stability
versus prior year–Do you wish, intend, or need to
change fees?2014 25
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2014 26
Preparing a Budget: Using a Process
• Are you expecting significant growth?– Project revenue first, additional
funds to spend on fixed cost items• Do you rely on sponsorships,
donations, fundraising?– Project expenses first, then deduct
fees to determine required level of fund raising
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• Did you achieve last year’s budget?– If you overran expenses, do expenses first,
determine where to “tighten things up…”– If you ran a surplus versus budget, why? More
players? Less expenses?
• When should you begin the process?– You need to allow enough time before your first
registration since you may need to adjust registration fees
Preparing a Budget: Using a Process
2014 27
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Budgeting Exercise• Form into five functional groups
–Coach Administrators–Referee Administrators–Registrars/CVPAs–Safety/Field Directors–Administrative groupEach group should identify budget
expenses2014 28
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2014 29
• Coach Administrators–Coach trainings/clinics–Supplies/equipment (whistles,
clipboards, etc.)–Coach shirts/uniforms–Tournaments
Budgeting Exercise
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2014 30
• Referee Administrators–Referee trainings/clinics–Equipment/supplies–Uniforms–Tournaments–Appreciation items
Budgeting Exercise
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2014 31
• Registrars/CVPAs– Registration event location expenses– Volunteer flyers– Uniforms– Awards– Office supplies for registration events– Postage– Payments to AYSO
Budgeting Exercise
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2014 32
• Safety/Field Directors–SAI brochures, forms–Goals and nets–First aid kits–Field paint–Park fees–Kids Zone® signs
Budgeting Exercise
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2014 33
• Administrative group–Office supplies - postage–Mileage - travel–Meeting expenses–Board trainings–Advertising–Awards - photos
Budgeting Exercise
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• Are additional sponsorships or fund raising an alternative?
• If no other alternative, where can we cut expenses?
• Non-manageable expenses
2014 34
Adjusting your Budget aka “Now What??”
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• If no other alternative, where can we cut expenses ?– Less expensive uniforms
• Usually largest variable expense
– Photos – charge separately if bundled• “Hidden” fee increase
– Less expensive awards (trophies, medals)
Adjusting your Budget aka “Now What??”
2014 35
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• If no other alternative, where can we cut expenses (continued)?–No cost promotional opportunities
• City events and publications• School districts and child care organizations
2014 36
Adjusting your Budget aka “Now What??”
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2014 37
• If no other alternative, where can we cut expenses (continued)??–Seek no cost meeting locations
available to non-profit organizations
• Government organizations• Schools• Local hospitals• Local utility companies
Adjusting your Budget aka “Now What??”
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• Ultimately, use appropriate balance of fundraising, fee management and cost management to “balance budget”
• Remember to budget a reserve! – $5 to $12 per player– No budget is perfect!
2014 38
Adjusting your Budget aka “Now What??”
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Additional Training Options
Developing a Regional Calendar
Auditor Training
Treasurer Training
2014 39
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Available Resources
2014 40
See Volunteers/Regional
Commissioner/Resources on:www.ayso.org
For self-paced training modules:
• Registration Day – A Survival Guide
• 30 Great Volunteer Recruiting Ideas
• 30 Fantastic Volunteer Retention Ideas
• Developing a Regional Calendar
• Budgeting for the Regional Board
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And NOW…
A Customer Service
Announcement42
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Customer Service Advice From an Expert
“Whatever you do, do it well.
Do it so well that when people see you do it they will want to bring others and show them how well
you do what you do.” Walt
Disney
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Great AYSO Soccer Starts with Great Communication Each player and parent should know how to reach their Region leadership from a tool provided for them to reference at home
Brochure
Flyer
Bookmark
Business Card Magnet
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Each year, the AYSO National Office
receives thousands of calls/emails from concerned families who can not reach their local Region or do not get replies to questions about…
…player registration/VIP program …coach, team, practice time, location …volunteer points, referee points …playoff criteria and participation
…refunds, uniform returns, next registration
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They would rather be communicating with you! Reachable
phone and email
publicized 800-555-AYSO - [email protected]
ebsi
te u
p to
da
te
Make sure
there is room for message
sREPLYASAP
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2014 47