Northern Section Budget

APA California Northern Section 2016 Adopted Budget

The 2016 adopted budget (mid-year) reflects the priority goals developed by the Northern Section Board at its annual retreat in January 2016 and as amended during the mid-year budget update in July 2016.

Financial Reserves

These funds include the remaining revenue received by the Northern Section for hosting the annual APA California Chapter conference in San Jose in 2007. By Chapter policy, the host section receives a large share of the net revenue from the conference. Since each section (8 total) may host a conference once every eight years, this revenue is prorated for use over eight years. The next annual conference hosted by the Northern Section will be this fiscal year, in October 2015. A Financial Reserves Policy covers expenditure of these funds and establishes a policy for maintaining a minimum reserve balance.

Financial Reserve Policy

Northern Section Treasurer

Jonathan Schuppert, AICP

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