Board of Governors adopts 2001-02 Bar budget

first_img April 15, 2001 Regular News Board of Governors adopts 2001-02 Bar budget Members’ comments soughtThe 2001-02 Bar budget, with the first increase in Bar members’ annual membership fees in 11 years, has passed its initial review with the Board of Governors. The board approved the budget at its March 30 meeting in Melbourne, and will consider any changes, including objections from Bar members, at its May 11 meeting. Following action at that meeting, the fiscal plan will be submitted to the Supreme Court for its review. The new budget will improve the Bar’s balance sheet, according to incoming Budget Committee Chair William Kalish, who presented the figures to the board. “The budget we have approved will take our $9 million in reserves to $11 million,” he said. “It will enhance the financial stability of the Bar so we won’t need a fee increase for a substantial amount of time.” The last increase in annual fees came with the Bar’s 1990-91 budget. Both Kalish and current Budget Committee member Jesse Diner have said that the increase in annual membership fees was needed because the Bar has increasingly been using reserves the last two years to a point where it is not fiscally responsible to continue to do so. Annual fees for active Bar members will increase from $190 to $265 and for inactive members from $140 to $190. According to figures presented to the board, Bar revenues for the current year are projected at $25 million with a potential shortfall of $1.7 million. For the 2001-02 budget, revenues will rise to just over $30 million, with an expected surplus of around $2 million. The largest part of that increase will come from annual fees, where income is expected to rise from $13 million in 2000-01 to $18.3 million in the new budget. The largest expenditure will continue to be on regulation of the practice of law activities, which is expected to cost $10.7 million this year and $11.5 million for 2001-02. Those functions include the grievance system, ethics, lawyer advertising, professionalism, and the Bar’s Membership Records office. Added to that are the unlicensed practice of law activities budgeted at $1.2 million for the current year and $1.3 million next year. One notable change is an increase in the amount of membership fees going to the Clients’ Security Fund. That has been increased from $15 to $25 per member. That will increase the total contribution from members from $983,310 this year to $1.35 million next year. The CLE programs are expected to cost $2.5 million next year, up $100,000 from this year. Income is projected to drop slightly, from $3.1 million to just under $3 million. The Bar’s public information, Journal, and News operations are budgeted at $3.5 million next year, down from almost $4 million in the 2000-01 budget. Sales for advertising for the Journal and News are projected at $2 million next year, compared with $2.1 million this year. A complete breakdown of the proposed budget appeared in an official notice in the April 1 Bar News, on pages 18-19. Those wishing to file comments or objections to the 2001-02 budget should send them to: Executive Director, The Florida Bar, 651 E. Jefferson Street, Tallahassee, FL 32399-2300. Comments should be received by the morning of May 10. Board of Governors adopts 2001-02 Bar budgetlast_img read more

OFFICIAL: Zlatan Ibrahimovic Returns To Manchester United, To Wear Jersey Number 10

first_imgManchester United have announced the return of striker, Zlatan Ibrahimovic on a one year deal.The 35-year-old Swede, who is recuperating from his knee injury at United’s training facility and is expected to be fully fit by December, scored 28 goals in 46 appearances for United last season.Confirming the return, Jose Mourinho told Manchester United’s official website: “We are delighted Zlatan is on the road to recovery and we are equally delighted to have his ambition and experience back with us.”“After his contribution last season he deserves our trust and we will be patient waiting for him to return. I have no doubt that he will be important in the second part of the season.”He’s not finished yet – @Ibra_official has signed a new one-year contract with #MUFC! https://t.co/ATiksSrLDT pic.twitter.com/PDh9fDEgrg— Manchester United (@ManUtd) August 24, 2017Ibrahimovic joined United on a free transfer in July 2016 and was released last June following the knee injury that ended his season prematurely last April.The big Swede told manutd.com: “I am back to finish what I started. It was always mine and the club’s intention for me to stay.”“I cannot wait to get back out on that Old Trafford pitch, but I also know that I have to take my time to make sure that I am ready.”“I have been working hard and will continue to do so to make sure I am in the best possible condition for my return to the pitch.”RelatedVideo: Zlatan Ibrahimovic is Back?!August 21, 2017In “England”Champions League Ouster Prompted Ibrahimovic ExitMarch 28, 2018In “England”Wayne Rooney and Zlatan Ibrahimovic Nominated For MLS MVPOctober 31, 2018In “Events”last_img read more