TREASURER | BUDGET

CREATING AN ANNUAL BUDGET

It is important to start the year with a budget. The budget allows the board to anticipate the chapter’s annual expenses.  All budgets must be approved first by the Board, and then by the membership at a regular business meeting.

Remember to include:

1. Estimated Re-Registration Fee ($5/member or $50, whichever is greater).
2. Membership Pins for each new member
3. Costs associated with any planned Service Projects
4. No more than 15% of total dues income for parties or members only benefits

It is a good idea to do a mid-year review of your budget to ensure you are on track and don’t need to make any adjustments.

You can DOWNLOAD A SAMPLE BUDGET HERE or in the Members Only Resources page of the website.