It is hereby resolved:
A. To increase the framework of the operating budget for unrestricted activities of the Jewish Agency for Israel for the Fiscal Year January 1, 2008 through December 31, 2008, so that the current aggregate amount of $315.35M is increased by $5.48M as detailed herein below:
1. On Feb 24, 2008, Keren Hayesod decided to increase its commitment to the core budget from $44M to $46.25M, and that an amount of $400K be used to finance educational programs in Latin America and $250K be used to finance South African Israel experience programs, as follows:
U.S. dollars in thousands
|
|
2008
Budget Changes |
|
|
|
Income: |
|
|
|
|
Keren Hayesod |
2,250 |
|
|
|
Shortfall to be covered |
-1,600 |
|
|
|
Total |
650 |
|
|
|
|
|
|
|
Expenditure: |
|
|
|
|
Educational programs in Latin America |
400 |
|
|
|
South African Israel experience programs |
250 |
|
|
Total |
650 |
|
|
|
|
|
|
Grand Total |
- |
|
2. To increase in the amount of $3,430K for the expansion of programs financed by fee for services:
U.S. dollars in thousands
|
|
2008
Budget Changes |
|
|
|
Source: |
|
|
|
|
Fee for services |
3,430 |
|
|
Total |
3,430 |
|
|
|
|
|
|
Applications: |
|
|
|
|
Absorption Centers |
1,800 |
|
|
|
Rental Subsidy for New Immigrants |
1,000 |
|
|
|
Kindergartens & day camps in Absorp. Centers |
182 |
|
|
|
Aliyah Day |
93 |
|
|
|
Social ,Cultural & Enrichment Activities |
90 |
|
|
|
Kedma |
34 |
|
|
|
Magen David Volunteers |
21 |
|
|
|
FSU - Jewish Identity |
109 |
|
|
|
"MAKOM" (NACIE) |
56 |
|
|
|
Youth Aliyah |
45 |
|
|
Total |
3,430 |
|
|
|
|
|
|
Grand Total |
- |
|
3. To make technical corrections in the amount of $1,400K regarding the budgets of Subsidiary Companies (other income line) as follows:
U.S. dollars in thousands
|
|
2008
Budget Changes |
|
|
|
Source: |
|
|
|
|
Other income |
1,400 |
|
|
Total |
1,400 |
|
|
|
|
|
|
Applications: |
|
|
|
|
REP |
1,000 |
|
|
|
Israel experience |
400 |
|
|
Total |
1,400 |
|
|
|
|
|
|
Grand Total |
- |
|
B. The Board notes that the Executive has resolved to utilize a portion of the remaining $3.78M inflation reserve, as detailed herein below:
U.S. dollars in thousands
|
Program |
2008
Budget Changes |
|
Sources: |
|
|
|