Page 177 - 2020OrientationBOG

FOOTNOTES

LOUISIANA STATE BAR ASSOCIATION

2019/2020 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 = 21,000 @ $200 $ 4,200,000
New admittees = 360 @ $80 $ 28,800
Less projected 50+ year members + 950 @ $200 $ (190,000)
Less projected Inactive Requests & Ineligible Status 200 $ (40,000)
TOTAL $ 4,118,800

(2) Based on reinstatement of 200 ineligible members @ $50/member.

(3) Projected CLE revenue as follows:
 Registration income from 40 CLE seminars based on prior years.
 Sponsorship income based on prior years.
 Projected income from online CLE from InReach based on prior years.
Amendment 08/25/19 – Seminars increased based on prior YTD actual income.

(4) Projected income from meeting registration fees, event registration fees and sponsorships
based on prior years.
Amendment 08/25/19 – Decreased based on prior YTD actual income.

(5) Projected income from registration and sponsorships based on prior years (included under
expense budget):
Registration $10,000.00
Sponsorships $47,500.00

(6) Projected income from registration fees, exhibit fees and sponsorships based on prior year.
Amendment 08/25/19 – Increased based on prior YTD actual income.

(7) Projected income from registration fees, exhibit fees and sponsorships.

(8) Rental of membership lists at following rates and based on prior years’ revenue:
 Louisiana law schools (largest volume purchasers) - .06 per name
 Other purchasers - .10(lists)/.12 (labels) per name
Amendment 08/25/19 – Decreased based on prior YTD actual income.

(9) Anticipated revenues from Louisiana Bar Journal sale of display/classified advertising,
royalties, and subscriptions based on prior years, but lower due to the loss of Lexis Nexis
($10,000).

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