PROJECTED REVENUE AND EXPENSES OD ONTARIO CORN PRODUCERS' ASSOCIATION
October 1, 2004 - September 30, 2005 Budget
REVENUE    
     
OCPA Check-off fees  
$996,360
Membership fees  
1,000
OCPA Check-off magazine  
72,000
Magazine advertising  
230,000
Research project funding  
0
Research contributions - seed levies  
23,000
Investment income  
35,000
Other earned income and asset sale  
12,500
Revenues before advance payment program  
$1,369,860
and financial protection fund  
   
Advance payment program fees  
125,000
Farm to farm administration fees  
85,000
Advance payment interest  
13,000
Financial protection fund  
3,000
Transfer from Research Reserve  
0
   
TOTAL REVENUE  
$1,595,860
   
EXPENSES  
     
Executive Committee  
38,320
Board meetings & non-committee  
61,640
Administration  
142,532
Convention, semi- and annual  
37,932
Nat'l & Prov organizations  
62,152
Research project administration  
16,824
AT Research Projects  
8,648
AT Communications  
72,864
AT Management & Controls  
6,648
AT Funding Alternatives  
3,912
AT Shared Resources  
22,200
AT Financial Programs  
88,560
Other Action Teams  
9,080
Environment & Production  
34,888
AT Water Quality, NMA, EFP  
26,080
AT Production Technology  
20,648
Grain Trade & Mrkt Development  
30,320
AT Ethanol  
20,296
AT Bio-Products & Bio-ChemicalsO  
10,844
AT Seed, Grain & Feed Trade  
18,080
AT Processors & Industry  
15,864
AT Trade Policy Safety Nets  
1,610
AT Crop Insurance & AGRICORP  
36,138
AT NISA, MRI & Companion  
26,640
Capital Equipment  
27,640
Office Operations  
6,000
Magazine  
130,000
Agri-E Business Inc  
205,000
Financial Protection Fund  
144,000
Regional Expenses  
3,000
Professional Services – Legal  
16,000
Professional Services - Accounting  
15,000
Professional Services – General  
14,500
Ridgetown Office  
16,000
Pre-paid rent @ Research Park Office  
23,000
Designer  
9,584
Pre-paid utilities @ Research Park  
1,875
Capital/services @ Research Park  
1,500
Furniture @ Research Park  
15,000
Moving expenses  
10,000
Facilitator costs  
5,000
Professional Services - Legal  
5,000
Research Projects  
10,000
     
TOTAL EXPENSES  
$1,653,819
   
EXCESS OF (EXPENSES OVER REVENUES) REVENUES OVER EXPENSES for the year  
($57,959)