| Hughes-Carnegie Center | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 5 year total | |||||
| Projected Budget (Draft-revised 3/2/05) | 6 mo. startup | plus startup | ||||||||||
| Operating Expenses | ||||||||||||
| Administrative Salaries | ||||||||||||
| Director | $15,000 | $31,250 | $32,500 | $33,750 | $35,000 | $36,500 | $184,000 | |||||
| Program Coordinator | $12,500 | $26,000 | $27,000 | $28,000 | $29,000 | $30,000 | $152,500 | |||||
| Staff Assistant, part-time (volunteer 2005-06) | $0 | $0 | $8,000 | $8,250 | $8,500 | $9,000 | $33,750 | |||||
| Administrative and Staff Benefits @ approx. 20% | $3,500 | $7,000 | $8,000 | $8,500 | $9,000 | $9,500 | $45,500 | |||||
| Instructors | $0 | $80,000 | $90,000 | $100,000 | $110,000 | $120,000 | $500,000 | |||||
| Rent (temporary quarters) | $6,000 | $6,000 | $6,000 | |||||||||
| Telephone/Fax/ISP | $3,000 | $6,000 | $6,000 | $6,500 | $7,000 | $7,500 | $36,000 | |||||
| Supplies, Custodial & Miscellaneous Expense | $6,000 | $30,000 | $35,000 | $40,000 | $45,000 | $50,000 | $206,000 | |||||
| $0 | ||||||||||||
| Operating Expense, Subtotal | $46,000 | $186,250 | $206,500 | $225,000 | $243,500 | $262,500 | $1,169,750 | |||||
| Captial Expenditures: Equipment | ||||||||||||
| Computers, Furniture & Fixtures | $15,000 | $85,000 | $25,000 | $15,000 | $15,000 | $22,000 | $177,000 | |||||
| $0 | ||||||||||||
| Funds required, subtotal | $61,000 | $271,250 | $231,500 | $240,000 | $258,500 | $284,500 | $1,346,750 | |||||
| Less miscellaneous income (additional public support) | ||||||||||||
| Building Space Rentals | $0 | -2600 | ($5,400) | ($5,600) | ($5,800) | ($6,000) | -$25,400 | |||||
| Lawrence Degree Completion Program | $0 | -6250 | ($12,750) | ($13,000) | ($13,250) | ($13,500) | -$58,750 | |||||
| $0 | ||||||||||||
| Total Funds Required | $61,000 | $262,400 | $213,350 | $221,400 | $239,450 | $265,000 | $1,262,600 | |||||
| Funding Requirements | ||||||||||||
| Sponsors and Donations | $0 | $40,000 | $60,000 | $65,000 | $70,000 | $75,000 | $310,000 | |||||
| In-Kind Services | $6,000 | $12,000 | $13,000 | $14,000 | $15,000 | $20,000 | $74,000 | |||||
| Grants | $0 | $60,000 | $70,000 | $80,000 | $100,000 | $120,000 | $430,000 | |||||
| Tuition & Fees: Various Literacy training, tutoring, | ||||||||||||
| and education programs | $0 | $20,400 | $22,000 | $23,000 | $24,000 | $25,000 | $114,400 | |||||
| Business Memberships | $0 | $20,000 | $21,000 | $22,000 | $24,000 | $25,000 | $112,000 | |||||
| Public Support, City of Lawrence | $55,000 | $110,000 | $27,350 | $17,400 | $6,450 | $0 | $216,200 | |||||
| Totals | $61,000 | $262,400 | $213,350 | $221,400 | $239,450 | $265,000 | $1,256,600 | |||||