Updating the 2019 Budget
It is hereby resolved:
>1.> To increase the budget of the Jewish Agency for Israel for the Fiscal Year January 1, 2019 through December 31, 2019, so that the current budget of $371.15M is increased by a net amount of $0.98M to an amount of $372.13M. This $0.98M increase, is due to an increase financed by fee for services as detailed below:
U.S. dollars in thousands
|
Changes in expenses funded by Fee for Services income
(parallel changes in both income and expenditure)
|
Changes
|
|
|
|
|
|||
|
Shlichim and Israel Fellows
|
Shin Shinim (Shlichim)
|
-1,160
|
|
|
Young Activism
|
Youth Futures
|
1,000
|
|
|
Mechinot: Post-High School and Post-Army Service Learning
|
450
|
|
|
|
Youth Centers – Neighborhood Social Renewal
|
1,200
|
|
|
|
Shalom Corps*
|
250
|
|
|
|
Aliyah, Klita and Rescue
|
Young Adults' Programs
|
200
|
|
|
Lone Immigrant Soldiers - Wings
|
40
|
|
|
|
Community Services (not including FSU)
|
Morasha
|
-1,000
|
|
|
Total
|
980
|
|
|
* Pending approval by the Activisim committee
-
To implement Agency-wide overhead reductions:
U.S. dollars in thousands
|
Changes in budget financed by Unrestricted Funds
|
Changes
|
|
Israel Experiences
|
-52
|
|
Shlichim and Israel Fellows
|
-58
|
|
Young Activism
|
-49
|
|
Partnerships
|
-52
|
|
Aliyah, Klita and Rescue
|
-83
|
|
Community Services (not including FSU)
|
-65
|
|
Jewish Agency Wide Projects and Organizational Activities
|
-5
|
|
Executive Offices
|
-29
|
|
Support Units
|
-232
|
|
Resources Development and Public Affairs
|
-125
|
|
Subtotal
|
-750
|
|
Overhead reduction -Centralized savings affecting entire Agency
|
750
|
|
Total
|
0
|
-
To implement overhead reductions in infrastructure abroad:
U.S. dollars in thousands
|
Changes in budget financed by Unrestricted Funds
|
Changes
|
|
Shlichim in FSU
|
-36
|
|
Preparation for Aliyah
|
-305
|
|
Summer/ Winter Camps
|
-53
|
|
Pre and Post Israel Experience Programs
|
-59
|
|
Program Implementation
|
-47
|
|
Overhead reduction -Infrastructure abroad
|
500
|
|
Total
|
0
|
4. To make unrestricted budget transfers as detailed below:
U.S. dollars in thousands
|
Changes in budget financed by Unrestricted Funds
|
Changes
|
|
|
|
|
New Allocations
|
|
|
Shin Shinim (Shlichim)*
|
500
|
|
Shalom Corps**
|
500
|
|
New allocations - TBD
|
-1,000
|
|
|
|
|
Changes within the RSJ unit
|
|
|
Shlichim in FSU
|
-166
|
|
Youth, Students and Community Activities
|
-55
|
|
Preparation for Aliyah (FSU)
|
-105
|
|
Summer/ Winter Camps
|
-22
|
|
Pre and Post Israel Experience Programs (FSU)
|
-25
|
|
Programs with Former Soviet Union Emigres
|
-106
|
|
Program Implementation (FSU)
|
-21
|
|
Additional reduction to be allocated
|
500
|
|
|
|
|
Additional Changes
|
|
|
Corporate Marketing
|
250
|
|
Jewish Agency Wide Projects and Organizational Activities
|
-250
|
|
International Relations Unit
|
500
|
|
Office of the Secretary General
|
-250
|
|
Spokesman
|
-250
|
|
|
|
|
Total
|
0
|
* Core funding replacing delayed projected fee for services from the GOI
** Pending approval by the Activisim committee
5. To utilize the inflation reserve, to be allocated to inflation impact*, as estimated below:
U.S. dollars in thousands
|
Changes in budget financed by Unrestricted Funds
|
Changes
|
|
Israel Experiences
|
19
|
|
Shlichim and Israel Fellows
|
78
|
|
Young Activism
|
38
|
|
Partnerships
|
126
|
|
Aliyah, Klita and Rescue
|
215
|
|
Activities with Russian Speaking Jews
|
74
|
|
Community Services (not including FSU)
|
52
|
|
Jewish Agency Wide Projects and Organizational Activities
|
9
|
|
Office of the Chairman
|
30
|
|
Office of the Deputy Chairman of the Executive
|
13
|
|
Office of the Director General
|
18
|
|
Office of the Secretary General
|
17
|
|
Chief Operations Officer
|
13
|
|
Human Resources and Administration
|
85
|
|
Finance & Logistics
|
179
|
|
Strategy, Research and Planning
|
23
|
|
Legal Advisor
|
23
|
|
Chief Digital Officer
|
8
|
|
Worldwide Regional Management
|
300
|
|
Security Division
|
38
|
|
Comptroller
|
26
|
|
Spokesman
|
15
|
|
Corporate Marketing
|
28
|
|
Resources Development (Including Spirit of Israel)
|
73
|
|
Inflation
|
-1,500
|
|
Total
|
0
|
*Actual utilization contingent on approval of the finance unit
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