BECAUSE I have just returned from a
Budget Committee meeting, I will explain
how the process works.
The annual budget is approximately $10
million. The first step in the process starts in
late July and August. Department heads
prepare a preliminary budget request that
contains all the “bells and whistles.”
The second step is a review of the
preliminary budget by Joyce Hager, AMA
Executive Director, and Vicki Barkdull,
Controller. During this process, which takes
roughly a week, the requests are trimmed
considerably and are prepared for
presentation to the Budget Committee.
The 2005 Budget Committee consists of
six people: Chairperson Russ Miller, vice
president from District IX; members Charles
Castaign, retired CPA; Dave Brown,
president; Joyce Hager; Vicki Burkdull; and
me. During a day’s meeting, the budget is
reviewed, amended, and prepared for
presentation to the Executive Council (EC).
In the final step, the EC carefully
scrutinizes all requests and allocations,
makes necessary changes, and approves the
final budget. The entire process is tedious
and lengthy, but with so much money
involved, close consideration is necessary. A
review process is also given to expenditures
before they are approved.
Food for Thought: If you don’t do right,
knowing what’s right is of little value.
ABC: Always Be Courteous. Until later …
Edition: Model Aviation - 2004/12
Page Numbers: 156
