BUDGET

 

·        2003 status with projections on pp 2-3

 

    • Currently projecting an end-of-year surplus of $35,309

 

    • Several opportunities occurred to place faculty/staff on external budgets

 

    • External grant funds were $194,072; not prorated by year for multi-year projects

 

    • We should get more $ for alder database project; not sure if this will appear in 2003 or 2004

 

·        2004 projection on pp 4-5

 

    • Does not reflect higher acreage for Hancock Forest Management

 

    • At least 2 members have land for sale that may cause changes

 

    • Does not include any creative accounting with personnel time

 

    • On a stand-alone basis, we are operating at the break-even point

 

    • The 2003 balance will be used to cover contingencies & Type IV costs

 

2003 Financial Support

Cooperator

Amount

%

Formula dues:

 

 

Boise Cascade

 $           17,126

 

Bureau of Land Management

 $           73,730

 

Campbell Group

 $           28,868

 

Cascade Timber Consulting

 $           16,549

 

Forest Systems, Inc.

 $             7,777

 

Hampton Tree Farms

 $           16,786

 

Hancock Forest Management

 $             9,088

 

King County Dept. Nat. Res.

 $             5,845

 

Lone Rock Timber Company

 $           15,808

 

Longview Fiber

 $           27,309

 

Oregon Dept. Forestry

 $           34,488

 

Pilchuck Tree Farms

 $             6,355

 

Plum Creek Timber Co./TTC

 $           24,792

 

Pope Resources

 $           15,529

 

Port Blakely Tree Farms

 $           15,694

 

Quinault Dept. Nat. Res

 $             7,988

 

Rayonier Timberlands

 $           23,412

 

Simpson Timber Co.

 $           22,970

 

Timberwest

 $           35,516

 

Washington DNR

 $           46,821

 

West Fork Timber Co. LLC

 $             7,625

 

Weyerhaeuser Co.

 $           75,730

 

 

 

 

Total

 $         535,805

 

Member Contracts, Grants, etc.

 $           13,500

 

Subtotal

 $         549,305

60.8%

Less credits for in-kind days

 $                  -  

 

Net Cash Contributions

 $         549,305

 

Institutional Contributions

 

 

B.C. Ministry of Forests

 $           20,000

 

Oregon State University

 $             5,000

 

University of Washington

 $         114,938

 

USFS PNW Research Station

 $           20,000

 

Subtotal

 $         159,938

17.7%

 

 

 

External Research Grants

 $         194,072

21.5%

 

 

 

TOTAL

 $         903,316

100.0%

 

2003 BUDGET

Actual through July + projections

 

 

INCOME

Amount

%

 

 

 

Formula Funding

 $         535,805

88.2%

Contracts

 $           13,500

2.2%

Subtotal

 $         549,305

90.5%

In-kind credits

 $                  -  

0.0%

Net Cash Contributions

 $         549,305

90.5%

2002 Ending Balance Forward

 $           57,857

9.5%

Total Funds Available

 $         607,162

100.0%

 

 

 

EXPENSES

 Amount

 %

 

 

 

Salaries

 $         282,663

46.6%

Benefits

 $           57,759

9.5%

Travel

 $           71,490

11.8%

Equipment & supplies

 $           25,884

4.3%

Contract Services

 $           11,566

1.9%

Tuition

 $             3,904

0.6%

Subtotal

 $         453,266

74.7%

Indirect

            118,587

19.5%

Total Direct & Indirect

 $         571,853

94.2%

Research Contracts

 $                  -  

0.0%

Total Expenditures

 $           571,853

94.2%

2003 Ending Balance

 $           35,309

5.8%

Total Funds Available

 $         607,162

100.0%

Includes summer crew, Randy on Hardwood, and Briggs, Harrison buyouts

 

 

 

External Grants in 2003

 

 

 

Source

Amount

Period

PI

NCASI: Fall River

 $            40,000

2003

Harrison

Gessel Fund: Fall River

 $            39,000

2003

Harrison

Carbon Sequestration/WA

 $              8,000

2003

Harrison

FIA

 $            62,087

2003 & 2004

Turnblom

CMER/alder database

 $            15,000

2003

Briggs

USDA FS Sust. Wood Prod'n Initiative

 $            29,985

2003/04

Briggs

 

 

 

 

 

 

 

 

 

 

 

 

Total

 $           194,072

 

 


 

2004 Financial Support

Cooperator

Amount

%

Formula dues:

 

 

Boise Cascade

 $           17,126

 

Bureau of Land Management

 $           73,730

 

Campbell Group

 $           27,832

 

Cascade Timber Consulting

 $           16,549

 

Forest Systems, Inc.

 $             7,821

 

Hampton Tree Farms

 $           16,956

 

Hancock Forest Management

 $             9,088

 

King County Dept. Nat. Res.

 $             5,845

 

Lone Rock Timber Company

 $           15,808

 

Longview Fiber

 $           27,303

 

Oregon Dept. Forestry

 $           34,488

 

Pilchuck Tree Farms

 $             6,355

 

Plum Creek Timber Co./TTC

 $           24,695

 

Pope Resources

 $           15,495

 

Port Blakely Tree Farms

 $           15,694

 

Quinault Dept. Nat. Res

 $             7,988

 

Rayonier Timberlands

 $           23,412

 

Simpson Timber Co.

 $           23,310

 

Timberwest

 $           35,516

 

Washington DNR

 $           46,821

 

West Fork Timber Co. LLC

 $             7,625

 

Weyerhaeuser Co.

 $           75,730

 

 

 

 

Total

 $         535,186

 

Member Contracts, Grants, etc.

 $             6,000

 

Subtotal

 $         541,186

77.6%

Less credits for in-kind days

 $                  -  

 

Net Cash Contributions

 $         541,186

 

Institutional Contributions

 

 

B.C. Ministry of Forests

 $           20,000

 

Oregon State University

 $             5,000

 

University of Washington

 $         111,007

 

USFS PNW Research Station

 $           20,000

 

Subtotal

 $         156,007

22.4%

 

 

 

External Research Grants

 $                   -  

0.0%

 

 

 

TOTAL

 $         697,193

100.0%

 

2004 BUDGET

 

 

 

INCOME

Amount

%

 

 

 

Formula Funding

 $         535,186

98.9%

Contracts

 $             6,000

1.1%

Subtotal

 $         541,186

100.0%

In-kind credits

 $                  -  

0.0%

Net Cash Contributions

 $         541,186

100.0%

2003 Ending Balance Forward

 $                  -  

0.0%

Total Funds Available

 $         541,186

100.0%

 

 

 

EXPENSES

 Amount

 %