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

2023-2024 2024-2025 2024 - 2025
INCOME ACTUAL APPROVED PROPOSED

AS OF 06/30/24 BUDGET AMENDMENTS
A B C D
1 Current or Previous Years Dues 4,063,132.85 4,026,000.00 4,026,000.00
2 Penalties 14,050.00 13,000.00 13,000.00
3 CLE:
Seminars 895,690.60 875,000.00 875,000.00
Sponsorships 7,770.00 12,000.00 12,000.00
Online 180,368.25 161,000.00 161,000.00
4 Annual Meeting/Summer School 399,262.50 410,000.00 410,000.00
5 Annual Diversity Conclave Program 51,950.00 50,000.00 50,000.00
6 Solo & Small Firm Conference 30,161.00 25,000.00 25,000.00
7 Ethics, Management & Welness Programming 3,980.00 7,000.00 7,000.00
8 Senior Lawyers Division 1,200.00 1,500.00 1,500.00
9 Sale of Membership Labels 4,003.44 4,000.00 4,000.00
10 Bar Journal 205,601.06 200,000.00 200,000.00
11 Bar Briefs 16,478.00 18,000.00 18,000.00
12 Web Site 12,980.00 15,500.00 15,500.00
13 Section Administrative Assessments 43,210.00 43,000.00 43,000.00
14 Practice Assistance Program - Programs 6,220.00 3,500.00 3,500.00
15 Lawyer Advertising Filing Fees 286,100.00 264,000.00 264,000.00
16 Royalties 46,947.24 42,000.00 42,000.00
17 Gilsbar Royalties 367,810.65 350,000.00 350,000.00
18 Interest 373,360.26 384,000.00 384,000.00
Realized Gain/Loss on Investments 47,761.85 10,000.00 10,000.00
19 Access to Justice Program 42,000.00 42,000.00 42,000.00
20 Law School Professionalism Orientation Sponsorships 0.00 250.00 250.00
21 Disciplinary Assessment Process Cost Sharing 50,514.00 52,000.00 52,000.00
22 Louisiana Board of Legal Specialization 4,800.00 4,800.00 4,800.00
23 Fee Arbitration Program 3,750.00 3,000.00 3,000.00
24 Mandatory CLE:
Sponsor Application Fees 1,192.70 1,500.00 1,500.00
Accreditation Fees 343,203.11 390,000.00 390,000.00
Reinstatement Fees 17,623.80 13,000.00 13,000.00
Sponsor Late Fees 29,250.92 22,000.00 22,000.00
Delinquent Fees 263,438.02 225,000.00 225,000.00
Repeat Penalty Fees 100,853.33 70,000.00 70,000.00
25 Rent:
Judicial Administrator 51,324.00 51,324.00 51,324.00

26 TOTAL INCOME 7,965,987.58 7,789,374.00 7,789,374.00
Budget approved by Board of Governors June 7, 2024, Destin, FL