Budget Wrap Up 2025-2026
by Michelle Farnam, FA Treasurer
The new FA budget begins October 1, 2026. As we finalize our numbers, we want to share some details of how our funds were used during the past year.
Exciting news, with your support our dues paying members has increased to a total of 88% of faculty contributing to support the work FA accomplishes each year.
Moving money into a Fidelity account has provided interest income that increased our overall revenue.
The total expenses did increase but for good reasons. Becoming a FACCC institute comes with a monthly cost but worth the support and guidance provided to us as members.
Another increase in expenses is shown in the Negotiations and Investigations category. Many hours were spent working on the contract language for the Academic Freedom and Intellectual Property agreements.
We plan to vote on the 2026-2027 budget at the October 8 meeting.
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