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

Coach Bazdarevic revealed Plans that will delight All Fans of BiH

first_imgCoach of the national football team of BiH, Mehmed Bazdarevic, summarizing the whole year that is about to end, said that he is satisfied with performance, starting from the players, coaching staff and Football Federation of BiH.This year, the Dragons played nine matches and recorded six wins with one draw and two defeats. The year started with two victories in friendly matches against Luxembourg and Switzerland, and the first defeat came in the match against Spain.The national team of BiH had a successful performance at the Kirin Cup in Japan this year, where they won the first place with somewhat altered composition and without several standard national team players. They won against Denmark in the semi-finals after penalty shoot-out and in the finals they won against selection of Japan, lead by BH expert Vahid Halilhodzic.Encouraged by excellent performances and good results, football players of BiH started qualifications for the World Cup in Russia in September and won against the team of Estonia with the score 5: 0 in the first leg in Zenica.After four matches, BiH has seven points and it is in the 3rd place with two wins, one draw and a defeat. Our team is lagging behind the second-placed Greece by three points and five points behind leaders in Group H, the team of Belgium.He also commented on two top BH team members who play for Juventus and Roma, Miralem Pjanic and Edin Dzeko, noting that he is satisfied with their game. He said that the two of them did their best in a representative jersey, and that they contribute a lot to their clubs.He underlined that the expectations for the coming year are great, but that all of them have to be stronger. As he said, he expects from his players to be at the top of their game.BiH will play next match within the qualification for the World Cup in Russia in 2018 on the 25th of March, when it will be host to Gibraltar. Then we will welcome Greece in Zenica (June 9), then play guest match with Cyprus (August 31), and Gibraltar (September 3). In the last two qualifiers, Bazdarevic chose to host Belgium on the 7th of October, and three days later qualifications will be finished in Estonia.(Source: faktor.ba)last_img read more