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Solution: With involvement of our Members, Stewards, Treasurer, Bookkeeper, and Directors, the 2026 Budget has been created and is presented for approval. Special recognition to our Treasurer and Nick Leshock who prepared the materials and consolidated the results.
This Budget results in a net positive cash position at the end of 2026.
Income and base expenses (rent, power, water, internet, etc) were based on current year to date actuals and projected into the new year.
Miscelaneous expenses (postage, taxes, fees, landfill, supplies, etc.) were generally projected lower based on 2025 actual spend.
The President's discretionary fund budget was increased from $900.00 to $1,200.00
Consumables and Maintenance from all Shop Stewards were as requested with the exception of those few Stewards who budgeted emergency contingency funds. We have an Emergency fund (Equipment fund) from which emergency repairs are drawn meaning that individual shops to not need to allow for this contingency.
Machine use fees and supplies will be removed except for those machines with high expense consumables (UV, BN2-20, Sublimation, Clay).
Each of 27 Shop Stewards will be allowed a $100 miscellaneous funding to accommodate micro-purchases without Board approval.
As we can no longer designate a specific donation dollar value (i.e Snack Donation $1), we will move to un-enumerated donation requests and limit snack net to under $1,000.00 to avoid Unrelated Business Income Tax (UBIT).
We will need to collect Sales Tax in 2026. In order to facilitate this and to take care of general basic accounting work, we will contract with an accountant to assure that our Sales Tax is correctly collected, recorded, reported, and all reports and remittances are made to the state in a timely and accurate manner. Accountant will also take care of some basic posting and reporting tasks. The Treasurer will still monitor the budget and expenses, approve purchases, report to the Board, and handle other high level activities (remittances, the bank, fund investments, approved projects, etc.). Our Bookkeeper will continue to issue checks as needed to meet our monthly and non-recurring payments.
This Budget meets all of our obligations, funds our Equipment Reserve and Capital Building Funds, funds our Shops at Steward requested levels, and results in positive cash flow and net positive 2026 net retained earnings of approximately $20,000.00
This is a Budget, and therefore a projection and guide for 2026 spending. We do not expect to hit these numbers perfectly. We do expect there will be adjustments and changes as we go through the year.
Relevance to Tax Exempt Status: None
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