SANTA CLARA COUNTY CITIES ASSOCIATION
Report on Budget vs. Actual
July through October 2008

                                                              Jul - Oct 08            Budget            % of Budget

        Ordinary Income/Expense
             Income
                Directory Income                                        72.00             1,000.00                 7.2%
                Dues Income                                         83,682.00            83,682.00               100.0%
                Interest                                               548.90             3,000.00                18.3%
             Total Income                                           84,332.90            87,682.00                96.2%

           Gross Profit                                             84,332.90            87,682.00                96.2%

             Expense
                Office
                   Conferences/Director's Expenses                    75.00             1,425.00               5.3%
                   Directory Production                                0.00               800.00               0.0%
                   Dues and Subscriptions                             89.00               400.00              22.3%
                   Hospitality                                        68.81               600.00              11.5%
                   Internet - Web Hosting Services                    74.85               600.00              12.5%
                   Miscellaneous
                      Bank Service Charges                          9.00                36.00              25.0%
                   Total Miscellaneous                                 9.00                36.00              25.0%

                   Postage and Delivery                                0.00               250.00               0.0%
                   Property taxes                                      0.00               100.00               0.0%
                   Recognition                                         0.00               250.00               0.0%
                   Rent                                            1,800.00             5,160.00              34.9%
                   Repairs and Maintenance                             0.00               350.00               0.0%
                   Supplies and Equipment                            216.57               500.00              43.3%
                   Telephone  - Fax & DSL lines                      326.39               960.00              34.0%
                Total Office                                         2,659.62            11,431.00                23.3%

                Professional Services
                   Employee Expenses
                      Payroll Service Fees                        219.00               706.00              31.0%
                      Payroll Taxes                             1,705.20             5,723.00              29.8%
                      Payroll Wages/Salary                     22,290.36            68,822.00              32.4%
                   Total Employee Expenses                        24,214.56            75,251.00              32.2%

                Total Professional Services                         24,214.56            75,251.00                32.2%

                Programs and Initiatives
                   Workshop Support                                    0.00             1,000.00               0.0%
                Total Programs and Initiatives                           0.00             1,000.00                 0.0%

             Total Expense                                          30,337.08            87,682.00                34.6%

        Net Ordinary Income                                         53,995.82                 0.00               100.0%

        Other Income/Expense
           Other Income
             Membership Dinners - Proceeds                               0.00             7,500.00                 0.0%
           Total Other Income                                            0.00             7,500.00                 0.0%

           Other Expense
             Membership Dinners - Cost                                   0.00             7,500.00                 0.0%
           Total Other Expense                                           0.00             7,500.00                 0.0%

        Net Other Income                                                 0.00                 0.00                 0.0%

     Net Income                                                     53,995.82                 0.00               100.0%



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