Page 93 - June 10 2022 Incoming BOG

FOOTNOTES

LOUISIANA STATE BAR ASSOCIATION

2022/2023 BUDGET

INCOME

(1) Dues projected as follows:
In practice 3 years or less = 1,500 members @ $80 $ 120,000
In practice more than 3 years = 21,500 @ $200 4,300,000
New admittees = 450 @ $80 36,000

Less projected 50+ year members = 1,341 @ $200 (268,200)
Less projected Inactive Requests & Ineligible Status 200 (40,000)
Less Emeritus Members = 416 (41,600)
Less Hardship Exemptions = 100 (20,000)

TOTAL $ 4,086,200
(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/before COVID.
 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 for 2022.

(4) Based on actual income in FY 2020/2021.

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

Registration $ 8,000.00
Sponsorships $30,000.00

(6) Projected income from registration fees, exhibit fees and sponsorships based on prior year
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. Programs not held during COVID.

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