Page 49 - 2020-0815-008 Board Meeting Documents for August 19

Proposed Updated Budget

Year 2020 Notes:
Date Aug 24-26
No. of Accommodation Nights 0
Location On-Line
Participating JA Members 11 1 See Participating JA Members chart on page 13
No. of Companies 17 2 See Participating JA Members chart on page 13
No. of Students 68 3 No. of companies at 4 students per
No. of Chaperones 17 4 No. of companies at 1 per company

Income: USD
FedEx COY Grant 60,000.00 Unused funds will be returned to JA AP
Stipend to Host 10,000.00
Registration Fees & Additional Payments 0.00 5 Rescinded by JA AP
Regional sponsorship
Local sponsorship (Cash) 35,000.00 6 Based on local grants and sponsorship on page 4
Local sponsorship (In-Kind) 5,000.00
Total Income 135,500.00

Expenses:
Accommodation 0.00 7 Cancelled – Virtual competition
Food and Beverages and Excursion 0.00 8 Cancelled – Virtual competition
Trade Fair and Competition 0.00 9 Cancelled – Virtual competition

Photographer 0.00 10 Cancelled – Virtual competition
Marketing and Branding 7,000.00 11 See marketing and branding breakdown on page 5
Prizes & Gifts 3,479.96 12 See prizes and gifts breakdown on page 5
Attire & Souvenirs 3,600.00 13 See attires and Souvenirs breakdown on page 5

Insurance 0.00 14 Cancelled – Virtual competition
Transportation 15 Cancelled – Virtual competition

Travel and Other Expense of Asia Pacific 4,200.00 16 Virtual competition production cost

Part-time Staff and Allowance 17 Virtual competition – outsourced requirements

Misc. 2,000.00 18 Buffer
Total Expenses 22,279.96