September 19, 2012
To: C.A.R. Directors
From: LeFrancis Arnold, President
Regarding: 2013-2015 C.A.R. Strategic Plan
At the October business meetings, the Board of Directors will be asked to approve the 2013-2015 budget and strategic plan, in line with our responsibility of setting the direction for the Association’s activities for next year and beyond. Listed below you will find information regarding the 2013-2015 Strategic Plan for the California Association of REALTORS®. Please review these materials in advance of your arrival in Anaheim and bring the materials with you.
The Strategic Planning and Finance Committee (SPF) has recommended a 2013 budget proposal with C.A.R. membership dues set at $184 and projected membership of 155,000 at year-end 2013. Of the $184 total, $115 represents funding for the continuing operations of the Association, including enhancements to a number of key programs. This total also includes three additional assessments, $49 for the REALTOR® Action Assessment, $10 for the Political Activities Fund and $10 for the Issues Action Fund.
The Strategic Planning and Finance Committee concluded that the exceptionally high level of reserves afforded an unprecedented opportunity to respond to member needs with new, high touch, high value programs and services. As a result, the 2013 budget is unique because of the unprecedented number of new programs that are proposed for next year, nineteen in all. Some are one-time only programs, while others will have an ongoing impact on reserves if they continue to be funded by the BOD in future years. As a result of the new programming and the desire to refrain from adding to reserves, this is a deficit budget.
In addition, you will find a proposal for this year, 2012, to increase the capital budget related to the move of the Sacramento office as well as a software upgrade for the Trends database.
The materials listed below contain background information to help you prepare for the decisions you will make in Anaheim. Please click and download/print each of the following documents pertaining to the 2013 proposed budget and strategic plan.
1. Highlights: C.A.R. 2013 Budget Proposal
2. Strategic Plan: 2013-2015
3. Summary of 2013 Program Budgets
4. 2012 Capital Budget Augmentation Proposal
Please set aside time prior to the business meetings to review and understand the budget information contained in these documents.
The budget process vests ultimate authority with the full Board of Directors. If you have any questions or concerns, or need additional information please contact any member of the Leadership Team directly, or contact Leslie Appleton-Young, (lesliea@car.org).
Thank you very much.
