Board of Governors adopts FY 2002-03 budget


first_img April 1, 2002 Gary Blankenship Senior Editor Regular News Board of Governors adopts FY 2002-03 budget Senior EditorA fiscal year 2002-03 budget with a $1 million surplus has been approved by the Bar Board of Governors.Incoming Budget Committee Chair Gerald Beer presented the budget at the board’s March 15 meeting in Tallahassee. It calls for total revenues of $29.6 million, compared to expected revenues of $29.7 million for the 2001-02 budget year which ends June 30. It keeps the annual membership fees at $265 for active members and at $175 for inactive members.“For the most part, it’s a continuation budget,” Beer said. It cuts three full-time staff positions and continues contributing $20 from each member’s annual fees to the Clients’ Security Fund.The new budget projects receiving almost $18.5 million from the Bar’s annual membership fees, up from almost $18.3 million for the 2001-02 budget. The Bar expects another $5.5 million from the sale of goods and services, such as CLE courses and legal manuals, which is down slightly from the $5.7 million expected in the current budget.On the expenditure side, the biggest item continues to be the Bar’s lawyer discipline program and other operations (including professionalism, ethics, and lawyer advertising) related to the regulation of the profession. Those are expected to take $11.8 million for 2002-03, an increase of about $500,000 from the current budget.The cost of producing CLE courses, legal books, and other Bar services is expected to be $6.1 million, down from $6.6 million for 2001-02. The cost of the Bar’s public information and Journal and News operations is expected to cost $4.4 million.A complete breakdown on the new budget will be in an official notice in the April 15 Bar News. The board will consider objections from Bar members at its May 24 meeting, and then forward the budget to the Supreme Court for review. Board of Governors adopts FY 2002-03 budgetlast_img

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