State of California



State of California

CALIFORNIA SENIOR LEGISLATURE

1020 N Street, Room 513, Sacramento, CA 95814

Phone (916) 552-8056 Fax (916) 552-8013



January 7, 2020

Budget & Finance Report

General Fund

As of December 31, 2019, we have expended $10,479.33 out of the General Fund (001). There will be a transfer of salary and benefits in the amount of $53,689 from the 8815 (tax check-off) fund to the General Fund. This is a correction to a budget/accounting error on the payroll header from July 1, 2019.

Once this correction posts, the remaining balance in the General Fund will be $235,832.

Fund 8815 (Tax Check-Off)

As of January 2, 2020, the cash balance in 8815 is $168,371. Once the above referenced correction posts, the fund balance will be $222,060.

Some session expenditures have still not posted (approximately $10,000). We estimate the annual cost of session to be under $30,000. We had significant savings on airfare this year, coming in at under $5,500. The hotel costs were $15,187. Travel Expense Claims (TECs) totaled just under $7,000, with the average TEC of $147.

FTB Tax Check-Off Results (Fund 8815)

As of November 30, 2019, the California Senior Citizen Advocacy Voluntary Contribution Fund (Code 438) received $74,319 in donations from 10,728 donors. The average per donor is $6.93.

CFoA

The ending fund balance is $3428.99 as of December 23, 2019.

................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download