California Milk Advisory Board Statement of Income and Expenses As of October 31, 2025
Month Ending CY % to Month Ending PY % to Year Ending 10/31/2025 Budget 10/31/2024 Budget 12/31/2025 Actual PY Budget
Revenue Assessment Income *
86% $ 33,978,869
84% $ 39,441,046
$ 33,927,711
Non-Assessment Income **
86,413
78,103
94,610 641,585 125,000
91%
82%
Other Income
785,255 122%
717,914 131%
Outside Income - Grant Reim
113,114 34,912,494 11,118,213 3,377,190 4,354,797 1,664,420 5,591,202 1,607,263 895,583 559,194 496,056 17,756 873,825
87,149
90% 87%
39% 85%
Total Revenue
34,862,036
40,302,241
Expenses
Advertising
14,431,353 3,193,277 3,933,166 1,648,081 4,210,782 1,474,298 706,873 582,912
16,884,000 4,139,000 6,665,000 2,505,000 7,338,388 1,759,000 1,416,600 773,658 624,923 48,000 1,323,581 1,840,000 45,317,150
66% 82% 65% 66% 76% 91% 63% 72% 79% 37% 66%
85% 79% 59% 70% 65% 89% 70% 75% 73% 36% 63%
Communications Domestic Retail
Foodservice
International Initiative
Tradeshows
Processor Relations Industry Intelligence Producer Relations
454,210 17,057 735,277
Education and Community Relations
CDIC
Dairy Research Foundation
1,840,000 100%
1,696,731 100%
32,395,499
33,084,017
71%
76%
255,635 7,049 28,761 35,411 139,210 29,016 90,067 43,576 58,297 592,108 41,552 77,368 12,575 80,146 - 52,500 18,167
476,000 8,550 42,000 45,000 178,000 45,000 10,000 110,000 58,000 72,000 762,200 50,000 110,000 15,000 125,000 52,500 23,600
Office Operational
298,894 7,727 45,088 30,072 154,610 33,241 88,502 42,612 60,954 608,281 27,361 76,447 9,925 100,643 - 52,000 19,225
63% 90%
54%
Rent
122%
Travel & Automobile
107%
68% 79% 80% 60%
Legal
67% 87% 74%
Insurance - Employee Freight & Postage Employee Education Depr, Amort & Interest Liability Insurance Money Investment Plan Admin Salary & Wages Board Travel Expenses Board Meeting Expenses
0%
0%
80% 73% 85% 80% 55% 69% 66% 81% 99% 81% 76%
78% 75% 81% 80% 83% 77%
Board Per Diem Marketing Branch
119%
64%
Fiscal & Compliance Audit Assessment Collection Fee
108%
83% 73%
1,655,581
1,561,436
2,182,850
Total Expenses
$ 34,051,079
72% $ 34,645,453
76% $ 47,500,000
Year to Date Payroll: $4,051,620 * Estimated October Assessment at $3,330,275 ** Estimated September and October Non-Assessment at $17,740
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