Proposed OMS Budget Narrative & Requirements

Budget Narrative Section Reserves: The total amount of money available to the Orlando Metro Section (OMS) as of January 1st of each year. REVENUES State Conference Shared Revenues: OMS assumed $1,500 would be dispersed to all sections in 2024. Revenues from FPC24 will likely be posted in December of 2024. OMS will again assume $1,500 to be dispersed in 2025. Section Grants: OMS received the Non-Competitive Section Grant for $1,500 in 2024. The 2025 budget assumes one Non-Competitive grant per year. Annual Holiday Party - Ticket Sales: The 2024 column reflects the amount in the budget adopted on August 10, 2023. The 2024 actual amount will be added in December of 2024. The 2025 estimate assumes a ticket cost of $15 for 50 people, a reduced cost to the members due to the Section covering an estimated ¾ of the estimated cost. Event Revenues – Member Payments: The 2024 column reflects the amount in the budget adopted on August 10, 2023. The 2024 actual amount to date is $1,440.00 received from registration fees for the Planning Academy 101 workshop held on June 7, 2024. The 2025 proposed budget reflects total member payments estimated to be received for attending next year’s planned events. Event Revenues - Other Events: This includes revenues from other OMS events planned throughout the year. EXPENSES Annual Meeting: This category is for the Annual Meeting that OMS is required to host each year per the adopted OMS Bylaws. $500 was budgeted for the 2024 meeting and, due to increasing costs, the OMS Executive Committee voted to increase the amount to $1,500 if needed for the 2024 annual meeting. Based on this, $1,500 is proposed for the 2025 meeting. Annual Holiday Party: This is our section's most well attended event. $500 was budgeted for this event in 2024. Since we will be introducing an OMS award program in 2024, an increased budget may be presented to the Executive Committee for approval that will include both 2024 and 2025. Event Expenses - Section Grants: This category reflects any expenses from OMS special events funded through the Section Grants. The Non-Competitive 2024 grant expenses were for two items: Videotaping the Planning Academy 101 workshop at a cost of $950. The videos are intended for viewing on APA FL's YouTube channel, which will reach planners and others throughout Florida and in other states. The second item was a Workplace Stress workshop webinar at a cost of $750. As both items totaled $1,700, the Executive Committee approved using $200 from OMS funds to satisfy the videographer's fee. Event Expenses - OMS: This category reflects event expenses covered by OMS that are not covered by grant funds or registration fees. For 2024, this includes the $200 mentioned above for the