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PROPOSAL
SUMMARY
INTRODUCTION
PROBLEM
STATEMENT
PROJECT
OBJECTIVES PROGRAM
METHODS AND DESIGN EVALUATION
THE
PROPOSED BUDGET
Planning
Start-Up Budget
Operating Budget
Sources of Funds
Break-even Analysis
Summary Statement
REFERENCES
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Adding Up the Costs
Planning the Budget
This project will be a cooperative effort between Your
College Connection, the Federal Government, local school
districts, the University of Nebraska, cities and towns residing in
Region X, and local businesses in Region
X. This proposal requests that the grant provide
50% of the building and operating costs per year for four years, payable
to the Board of Directors of Your College
Connection. Other expenses for operation and
maintenance will be covered by contributions committed to from private grants
and philanthropical foundations. It is
believed that there is real value for these partners in research and
local goodwill.
|
START-UP BUDGET |
| |
Per Technology Center |
X 3 |
|
Personnel |
$ 10,000 |
$ 30,000 |
|
Land |
Donated |
Donated |
|
Parking Lot |
25,000 |
75,000 |
|
Construction of Building |
300,000 |
900,000 |
|
Legal/professional fees |
3,000 |
3,000 |
|
Licenses/permits |
Waived |
Waived |
|
Equipment |
486,000 |
1,458,000 |
|
Software |
10,000 |
30,000 |
|
Internet Connection |
1,000 |
3,000 |
|
Architect |
Waived |
Waived |
|
Insurance |
2,500 |
7,500 |
|
Materials/Supplies |
7,000 |
21,000 |
|
Advertising/Promotions |
10,000 |
30,000 |
|
Salaries/Wages |
Waived |
Waived |
|
Accounting |
1,000 |
3,000 |
|
Income |
N/A |
N/A |
|
Utilities |
500 |
1,500 |
|
Payroll Expenses |
N/A |
N/A |
|
TOTAL |
$ 854,000 |
$ 2,562,000 |
|
ANNUAL
OPERATING
BUDGET |
| |
Per Technology Center |
X 3 |
|
Software Upgrades |
$ 3,000 |
$ 9,000 |
|
Equipment Upgrades |
6,000 |
18,000 |
|
Internet Connection |
10,000 |
30,000 |
|
Insurance |
2,500 |
7,500 |
|
Depreciation |
|
|
|
Loan Payments |
|
|
|
Advertising/Promotions |
10,000 |
30,000 |
|
Legal/Accounting |
3,000 |
9,000 |
|
Miscellaneous Expenses |
3,000 |
9,000 |
|
Supplies |
3,000 |
9,000 |
|
Salaries/Wages |
110,000 |
330,000 |
|
Utilities |
6,000 |
18,000 |
|
Dues/Subscriptions/Fees |
300 |
900 |
|
Taxes |
N/A |
|
|
Repairs/Maintenance |
3,000 |
9,000 |
|
TOTAL |
$ 159,800 |
$ 479,400 |
|
Sources of Funds |
$Annual |
|
Learning
Anytime Anywhere Partnerships Federal Grant
(4-Year Payout Maximum) |
$ 500,000 |
|
Alfred P. Sloan Foundation Grant (8-Year
Payout Minimum) |
200,000 |
|
Contributions from Philanthropical
Foundations (8-Year Payout Minimum) |
300,000 |
|
TOTAL |
$1,000,000 |
|
Break-Even Analysis |
Amount |
|
Start-Up Costs |
$2,562,000 |
|
Less 1st Year Donations |
1,000,000 |
|
Debt Balance (After Donations) |
$1,562,000 |
|
Annual Donations |
$1,000,000 |
|
Less Annual Operating Budget |
479,400 |
|
Balance: Amount to Be Applied to
Loan (8% annum) |
$ 520,600 |
|
Number of Years for Debt to be Paid Off |
3.04 |
Summary Statement
In accordance with the information supplied
in this document, the Board of Directors for Your
College Connection formally makes a plea for a Learning
Anytime Anywhere Partnerships Grant in the amount of
$500,000 annually for four (4) years in total. This entreaty is made to
the Assistant Secretary for Postsecondary Education, Department of
Education. The Grant, Numbered 84.339 is authorized under the Higher
Education Act, Title IV, Subpart 8, Public Law 105-244.
The Board thanks you in advance for this worthy consideration.
The Board of Directors
Your College Connection
NW Nebraska (Region X)
bACK
TO tOP
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