2017 May Board Book

CALIFORNIA MILK ADVISORY BOARD

Budget VS Actual For Calendar Year January 1 , 2017 through March 31, 2017

INCOME

Budget

Budget

Budget

Balance

%

Revenue

Revised

Revisions

Original

INCOME SOURCE

26 44

($29,030,733.78)

$9,969,266.22 $194,867.44 $3,946,643.95 $14,110,777.61

$39,000,000.00 $438,000.00 $3,946,643.95 $ 4 3,384,643.95

$0.00 $0.00

$39,000,000.00 $438,000.00 $1,500,000.00 $40,938,000.00

ASSESSMENTS NON-ASSESSMENT INCOME CASH BALANCE CARRYOVER

($243,132.56)

100

$0.00

$2,446,643.95 $2,446,643.95

($29,273,866.34)

EXPENDITURES

Budget

Budget

Budget

Balance

Expenditures

Revised

Revisions

Original

ADVERTISING, PROMOTION AND RESEARCH PROGRAMS ADVERTISING BUSINESS DEVELOPMENT FOODSERVICE

12 21

$16,204,341.32 $4,846,033.10 $1,598,840.31 $1,462,500.00 $148,000.00 $342,752.54 $2,331,764.58 $4,857,219.01 $221,316.58 $307,625.32 $617,787.54 $636,953.91 $33,575,134.21

$2,124,680.22 $1,321,966.90 $156,159.69 $487,500.00 $116,897.46 $981,563.42 $942,380.40 $118,683.42 $92,3 7 4.6 8 $462,212.46 $89,546.09 $6,893,964.74 $0.00 $71,165.60 $79,649 . 90 $12,506.54 $20,402.58 $9,359 . 58 $29,729.72 $38,578.00 $261,391.92 $0 . 00

$18,329,021.54 $6,168,000.00 $1,755,000.00 $1,950,000.00 $148,000.00 $459,650.00 $3,313,328.00 $5,799,599.41 $340,000.00 $400,000.00 $1,080,000.00 $726,500.00 $40,469,098.95 $250,000.00 $241,500.00 $45,000.00 $75,000.00 $40,000.00 $30,000.00 $45,000.00 $40,000.00 $766,500.00 $135,000.00 $40,000.00 $100,000.00 $738,500.00 $1,013,500.00

$174,021.54 $468,000.00 $255,000.00 $100,000.00 $10,650.00 $47,328.00 $599,599.41 $70,000.00 $0.00

$18,155,000.00 $5,700,000.00 $1,500,000.00 $1,950,000.00 $48,000.00 $449,000.00 $3,266,000.00 $5,200,000.00 $270,000.00 $400,000.00 $1 , 000,000.00 $700,000.00 $38,638,000.00 $250,000.00 $241,500.00 $45,000 . 00 $75,000.00 $40,000.00 $30,000.00 $45,000.00 $40,000.00 $766,500.00 $135,000.00 $40,000.00 $100,000.00 $738,500.00 $1,013,500.00

9

25

CA DAIRY RESEARCH FOUNDATION EDUCATION & COMMUNITY RELATIONS PRODUCER RELATIONS COMMUNICATIONS INTERNATIONAL

0

25 30 16 35 23 43 12 17 28 33 28 27 23 66 96 34 0

PROCESSOR RELATIONS INDUSTRY INTELLIGENCE TRADESHOWS KIDS MILK MARKETING

$0.00

$80,000.00 $26,500.00

$1,831,098.95

OFFICE OPERATIONS

$178,834.40 $161,850.10 $32,493.46 $54,597.42 $30,640.42 $30,000.00 $15,270.28

$0 . 00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00

OFFICE OPERATIONAL RENT EXPENSE TRAVEL & AUTOMOBILE LEGAL EXPENSE FREIGHT & POSTAGE AUTOMOBILE PURCHASES CLERICAL AND OFFICE EQUIPMENT LIABILITY INSURANCE

$1,422.00

$505,108.08

ADMINISTRATIVE WAGES & BENEFITS EMPLOYEE INSURANCE MONEY INVESTMENT PLAN

15 27

$114,296.72 $29,070 . 88 $100,000.00 $561,325.32 $804,692.92 $70,410.96 $25,000.00 $5,000.00 $100,410.96 $57,777.83 $86,515.45 $32,700.00 $176,993.28

$20,703.28 $10,929.12

$0.00

0

RETIREMENT PLAN SALARIES & WAGES

24 21

$177,174.68 $208,807.08

STATE OF CA. DEPARTMENTAL CHARGES MARKETING BRANCH

22

$75,000.00 $25,000.00 $5,000.00 $105,000.00 $75,000.00 $100,000.00 $40,000.00 $215,000.00

$90,000.00 $25,000.00 $5,000.00 $120,000.00

$19,589.04

$15,000.00

$0.00 $0.00

0 0

$0.00 $0.00

COMPLIANCE & FISCAL AUDIT MILK MARKET ENFORCEMENT

16

$15,000.00

$19,589.04

BOARD MEETING EXPENSES

23 13 18 18

$0.00 $0.00 $0.00 $0.00

$75,000.00 $100,000.00 $40,000.00 $215,000.00

$17,222.17 $13,484.55 $7,300.00 $38,006.72

TRAVEL EXPENSES MEETING EXPENSES PER DIEM BOARD

TOTALS

$2,100,000.00

25

$2,115,000.00

$527,794.76

$1,587,205.24

$15,000.00

TOTAL ADMINISTRATION & OPERATIONS

17

$42,584,098.95

$40,738,000.00

$35,162,339.45

$7,421,759.50

$1,846,098 . 95

TOTAL EXPENDITURES

0

$800,545.00

$200,000.00

$600,545.00

$800,545.00

$0.00

RESERVE

19

$40,938,000.00

$43,384,643.95

$35,962,884.45

$2,446,643.95

$7,421,759.50

TOTAL EXPENDITURES & REQUIRED RESERVE

PAYROLL BALANCE

$3,641.57

ADMINISTRATIVE AND PROGRAM PAYROLL

$ 804,500.00