The financial situation with the club continues on a sound footing. The budget for 2021 has been established with monthly figures, and the January results were favorable to budget, with revenues exceeding expenses.
With TAP expenses being about 85% of our budget, making the decision to not include a printer with every system allowed us to stay under budget. The lowest price we purchased printers for last year was $19, most being much higher. For the 862 systems we gave away, printers costs were $16,378 of our TAP expenditures. We were only able to purchase 150 printers for $19. Printers are the single largest part of TAP’s expense. And with over 925 systems given away so far this year, we had to start limiting the number of systems that contained a printer because the current printer cost is over $50.
Most importantly, changes were made to reduce our costs and not impact the TAP product and we did not exceed the 2020 Budget. We are currently $9,000 below projections for grants and donations, which is offset largely by TAP reducing printer costs by $12,000. Our 2021 Budget accounts for these expected changes and is $11,000 lower.
Current and 2021 budgets are available at: https://drive.google.com/file/d/1NCpRjW6oh5bT6eO2nlVl7fyzrcl0Ty7F/view?usp=sharing