Final Board Recommended Friends of Red Rock Canyon Member Approved 2020 2021 Operating Budget September 19, 2020 Member Approved 2020/2021 Operating Budget INCOME ITEMS Savings Account $ - Donation Boxes $ 5,650 Amazon Smiles/Stripe/PayPal $ 1,900 Cash Reserve Policy: Friends of Red Rock Other Donations $ 34,400 Canyon shall maintain a cash reserve of no less Donation Bus Grant Fund $ - than $100,000. The funds are intended to be Grant - Outdoor Adventures $ 3,050 Restricted use donation $ 7,700 used for emergency purposes and may only be Membership Dues $ 15,000 released with membership and board Raffle/Banquet Ticket Sales $ 1,550 approval. Note: Friends have $25,000 in a Walkway $ 15,000 Money Market Account and three (3) $25,000 License Plate $ 60,000 Certificate of Deposits with the Clark County Photo Contest $ 1,600 Credit Union. Merchandise Sales $ 9,050 Cointraption Sales $ 28,500 Events - REI Gift Wrap $ 500 Capital Improvement Fund: Friends may spend Reimbursed Expenses $ - up to $4,500 for Red Rock Canyon capital Subtotal Income $ 183,900 improvements/major improvements from the Coin Sales and Merchandise COGS $ (22,975) previous year’s License Plate Revenue. Funds Income Less COGS $ 160,925 not spent/allocated from October 1, 2020 Interest Income & Credit Card Rebate $ 1,850 through December 31, 2021 will remain in the TOTAL INCOME $ 162,775 License Plate Account. This allocation is separate from the Operating Budget and may EXPENSE ITEMS only be spent/allocated by board vote. Administration $ 103,325 Canyon Clean Up $ 1,000 Communications $ 150 Computer Services $ 9,175 Grants/Solicited Funds Policy: Friends will Cultural Resources $ 250 apply for grants and other funding during the Fundraising $ 2,000 next fiscal year. If additional funding from General Operating Fund $ 12,200 grants or other donations are received, the Graffiti Removal $ 500 funds will be separate from the Operating Hospitality & Member Events $ 5,050 Budget and may only be spent/allocated by Hummingbird $ 250 board vote. License Plate $ 1,100 Light Trail Maintanance $ 1,000 Magazine $ 5,450 Member Services $ 3,950 The budget for the current Fiscal Year is Native Plant Team $ 150 $180,330. Natural Resources $ 900 The board recommended 20/21 budget Outdoor Adventures $ 3,875 shows a 10% ($17,555) reduction from this Photo Contest $ 1,300 fiscal year. Policy Review Committee $ - Procurement $ 100 Recruiting $ 50 Special Events & Work Projects $ 5,000 Tortoise Habitat $ 1,000 Tort Medical Fund $ 1,000 Transportation $ 1,000 Walkway $ 3,000 TOTAL EXPENSE $ 162,775 Approved 1 of 1.