LITA Board of Directors Committee
To close out fiscal year 2016, I've written a narrative outlining highlights from the budget.
The summary is that we're in the black by about $15,000, primarily because ALA ITTS paid part of my salary for the year in exchange for work on the ALA Connect migration. There are a couple of minor discrepancies I'm still working through with ALA Finance and Accounting, so the final revenue and expense lines are likely to change slightlyt, although not enough to impact the overall trends. Without the ITTS money, I think we would have come out at a deficit of about $2,200. We'll get final budget numbers on October 21st, so I will post the final spreadsheets after that.
- FY2016 Budget Narrative (PDF, 400KB)
- FY2016 Third Close Budget Summary of all projects (XLSX, 35KB)
- FY2016 Third Close Budget - full listing for each project (XLSX, 233KB)
I'm happy to answer questions about any of this information.
Wednesday, October 5, 2016
11:00am - 1:00pm Pacific Time
1:00pm - 3:00pm Central Time
2:00pm - 4:00pm Eastern Time
This page lists all of the Discussion Documents for the Board Meeting that will take place online in Adobe Connect at https://ala.adobeconnect.com/litaboard. Guests are welcome to join.
OCT DOC 17-1 ... October 5, 2016 Board Meeting Agenda, v2 (PDF, 265KB)
CONSENT AGENDA DOCUMENTS
DISCUSSION ITEM DOCUMENTS
OCT DOC 17-2 ... Term Appointments for Representatives (PDF, 279KB)
OCT DOC 17-3 ... Excellence in Children's Science Fiction Award Committee Charge (PDF, 333KB)
OCT DOC 17-4 ... Conference Buddy Program Proposal (Google Doc)
OCT DOC 17-5 ... Tactical Plan, 2016-2018 (Google Spreadsheet)
OCT DOC 17-8 ... Committee Liaison Documentation (HTML)
Additional documents will be added here as they become available.
To download all of the attached public documents at once, use the "Download attached files in one zip file" link beneath the list of attachments.
October 3, 2016, 1st Update added:
OCT DOC 17-1 ... October 5, 2016 Board Meeting Agenda
OCT DOC 17-6 ... Interest Group Recommendations
OCT DOC 17-7 ... 2016 ALA Annual Meeting Minutes
October 3, 2016, 2nd Update added:
OCT DOC 17-8 ... Committee Liaisons Documentation
2016-2017 LITA Board Liaisons for Committees and Task Forces
50th Anniversary Task Force – Thomas Downing & Aimee Fifarek
Appointments Committee – Andromeda Yelton
Assessment and Research Committee - Christopher Lawton
Committee & Interest Group Coordinators – Bohyun Kim
Communications and Marketing – Aimee Fifarek (Fall 2016), Jenny Taylor (Spring 2017)
Diversity and Inclusion Committee – Evviva Weinraub
Education Committee – Ken Varnum
Forum Assessment Task Force - Christopher Lawton
Forum Planning 2016 – Thomas Dowling
Forum Planning 2017 – Aimee Fifarek
ITAL Editorial Board – Thomas Dowling
LITA Local Task Force – Susan Sharpless Smith
LITA Representatives – Bohyun Kim
Membership Development Committee – Susan Sharpless Smith
Metadata Standards - Ranti Junus
Nominating Committee - Aimee Fifarek
Personas Task Force – Bohyun Kim
Personas Task Force – Bohyun Kim
Program Planning Committee – Ranti Junus
Publications Committee – Thomas Dowling
Scholarship & Award Committees – Jenny Levine
Top Technology Trends Committee – Ranti Junus
Web Coordinating Committee – Jenny Taylor
I've uploaded the final version of our FY17 budget.
It includes the following revisions:
- +$620 = A new charge for using ALA's Moodle installation to run our courses ($155 per course for 4 courses)
- +$1,445 = A 1% salary increase for staff, as mandated by ALA
- +$1,834 = A decrease in the expense line for staff benefits
- - $16,200 = Decrease in revenue because the LITA Board voted to stop running two Midwinter institutes and two Annual preconferences (we'll still run one Annual preconference)
- + $13,076 = Decrease in expenses for the Midwinter institutes and Annual preconferences we won't be running
In summary, our new bottom line for FY17 is:
- Total revenues = $342,408 (was $358,608)
- Total expenses = $351,854 (was $364,540)
- Net revenue = $(9,446) (was $(5,932))
Please comment if you have any questions, but I'll put this version on the consent agenda for approval at our October Board meeting. This is also the version that will go to the ALA Board and BARC for their October meetings.