Page 24 - BOGManual_2024April

LOUISIANA STATE BAR ASSOCIATION
2024-2025 Proposed Budget
Fiscal Year July 1, 2024 - June 30, 2025

2022-2023 2023-2024 2023-2024 2024 - 2025
INCOME ACTUAL BUDGET ACTUAL PROPOSED

AS OF 06/30/23 AS AMENDED AS OF 12/31/23 BUDGET
A B C D E
1 Current or Previous Years Dues 4,093,263.69 4,050,000.00 4,032,177.12 4,026,000.00
2 Penalties 15,100.00 13,000.00 11,950.00 13,000.00
3 CLE:
Seminars 903,366.14 875,000.00 772,149.49 875,000.00
Sponsorships 18,689.33 12,000.00 10,270.00 12,000.00
Online 239,782.49 180,000.00 47,024.01 161,000.00
4 Annual Meeting/Summer School 390,200.00 410,000.00 0.00 410,000.00
5 Annual Diversity Conclave Program 50,475.00 51,950.00 51,950.00 50,000.00
6 Solo & Small Firm Conference 33,325.00 25,000.00 0.00 25,000.00
7 Ethics, Management & Welness Programming 6,150.00 7,000.00 3,770.00 7,000.00
8 Senior Lawyers Division 1,400.00 250.00 0.00 1,500.00
9 Sale of Membership Labels 5,550.60 5,000.00 3,081.48 4,000.00
10 Bar Journal 192,470.03 200,000.00 92,459.08 200,000.00
11 Bar Briefs 17,864.00 18,000.00 7,073.00 18,000.00
12 Web Site 15,680.00 15,500.00 8,050.00 15,500.00
13 Section Administrative Assessments 45,370.00 43,210.00 0.00 43,000.00
14 Practice Assistance Program - Programs 9,721.00 4,000.00 2,170.00 3,500.00
15 Lawyer Advertising Filing Fees 281,225.00 264,000.00 133,250.00 264,000.00
16 Royalties 42,254.73 42,000.00 20,987.36 42,000.00
17 Gilsbar Royalties 384,176.53 370,000.00 157,031.19 350,000.00
18 Interest 327,498.54 342,767.00 195,494.89 384,000.00
Realized Gain/Loss on Investments 19,369.34 10,000.00 (34,841.70) 10,000.00
19 Access to Justice Program 42,000.00 42,000.00 15,000.00 42,000.00
20 Law School Professionalism Orientation Sponsorships 0.00 0.00 0.00 250.00
21 Disciplinary Assessment Process Cost Sharing 46,667.00 50,500.00 0.00 52,000.00
22 Louisiana Board of Legal Specialization 4,800.00 4,800.00 2,400.00 4,800.00
23 Fee Arbitration Program 6,450.00 2,500.00 1,200.00 3,000.00
24 Mandatory CLE:
Sponsor Application Fees 795.51 1,500.00 597.59 1,500.00
Accreditation Fees 382,577.04 390,000.00 178,820.53 390,000.00
Reinstatement Fees 13,719.70 13,000.00 9,901.26 13,000.00
Sponsor Late Fees 24,491.56 22,000.00 14,625.25 22,000.00
Delinquent Fees 277,020.61 210,000.00 13,963.96 225,000.00
Repeat Penalty Fees 87,876.32 65,000.00 8,771.09 70,000.00
25 Rent:
Judicial Administrator 51,324.00 51,324.00 25,662.00 51,324.00

26 TOTAL INCOME 8,030,653.16 7,791,301.00 5,784,987.60 7,789,374.00