Page 225 - 2024 Orientation Manual

FOOTNOTES

LOUISIANA STATE BAR ASSOCIATION
2023/2024 BUDGET

INCOME

(1) Dues projected as follows:
In practice 3 years or less = 1,467 members @ $80 $ 117,360
In practice more than 3 years = 21,303 @ $200 4,260,600
New admittees = 450 @ $80 36,000

Less projected 50+ year members = 1,425 @ $200 (285,000)
Less projected Inactive Requests & Ineligible Status 200 (40,000)
Less Emeritus Members = 471 (47,100)
Less Hardship Exemptions = 100 (20,000)

TOTAL $ 4,021,860
(2) Based on reinstatement of 240 ineligible members @ $50/member.

(3) Projected CLE revenue as follows:
 Registration income from approximately 40 plus CLE seminars (live) based on prior
years.
 Sponsorship income based on prior years.
 Projected income from online CLE from InReach based on prior years before COVID.
Court order only allows for 6 hours self-study.

(4) Based on actual income in FY 21/22 and registration fee increase beginning 2023.

(5) Projected income from registration and sponsorships based on prior years
(included under expense budget):

Registration $10,000.00
Sponsorships $35,000.00

(6) Projected income from registration fees, exhibit fees and sponsorships based on prior years
before COVID.

(7) Estimated income for one-hour member service programs: Management Monday, Tech
Tuesday, Wellness Wednesday, and Ethics Friday. Programs moved to virtual during
COVID and many will continue as virtual.

(8) Projected income from registration fees.

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