LYON COUNTY 4-H Breeding Project RECORD 1
PLACE PHOTO OF YOU AND YOUR PROJECT HERE (MAY BE COMPUTER GENERATED) 4-H ANIMAL PROJECT COMPLETION As a Member of the Club named above, I certify I ve completed this Project and the information contained in this document is truthful and accurate. Signed: Signed: Member Parent/Guardian Date: Date: Parent/Guardian Comments: As Leader of this Club, I hereby certify the Member has completed this Project. Signed: Leader Date: Leader Comments: 2
1. Statement of Project goals and objectives for the year (List three things you hope to accomplish.) A. B. C. 2. Source of animals (How the Member acquires the Project or if homegrown. ) Source of animal/s (where purchased/date) Birth date Breed/color Sex Homegrown? Yes No 3. Feeding program (What kinds of feed/s do you plan on using?) 4. Housing (Where will you keep your animal/s?) 5. Financial arrangements (How are you paying for your Project? How will you repay loans obtained from parents or other sources? (exs. cash, bartering) 3
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BUDGET ESTIMATED EXPENSES 1 Equipment purchase, rent or lease 2 Livestock purchases 3 Veterinary (services supplies) 4 Feed 5 Miscellaneous XXXXXXXXXXXXXXXX (A) Supplies (halters, bedding, etc.) (B) Entry fees (C) Brand inspection (D) Shearing (E) Hoof trimming (F) Repairs (G) Interest (H) Marketing (I) Sale/Auction Commission (J) NJLS Carcass of Merit Recognition Commission (K) Breed Registration Fees TOTAL EXPENSES $ (add column) INCOME 6 Sale of Offspring 7 Other Project Income (list below) (A) (B) (C) TOTAL INCOME (add 8 and 9) PROFIT or LOSS (Income minus Expenses) $ Compare BUDGET to completed FINANCIAL SUMMARY at the end of the Project to determine what was over and/or under budget and unforeseen factors affecting profitability. Budget courtesy of UNCE-Douglas County/UNCE Western Area 5
INVENTORY All supplies, tools, feed and livestock owned by the Member on the beginning and ending days of the Project. If an item shown in the beginning column (A) is no longer owned at the end of the Project, record a zero (0) in column (B). Note: 1.) All items purchased during the Project are recorded under OPERATING EXPENSES (Page 7) and then added to ENDING INVENTORY (below.) 2.) Depreciation of 10% should be used for calculating the value of ENDING INVENTORY. Ex: Wheelbarrow ($87.00 x.10 = $8.70) then subtract ($8.70- $87.00 = $78.30) BEGINNING INVENTORY Date 4-H Year/Project Began ENDING INVENTORY Date 4-H Year/Project Ended EX: Wheelbarrow ITEM QUANTITY/ VALUE QUANTITY/ VALUE WEIGHT (A) WEIGHT (B) QTY. 1 $87.00 QTY. 1 $78.30 TOTAL VALUES Column (A) Column (B) Record total (A) on FINANCIAL SUMMARY (Page 7, Line 1) Record total (B) on FINANCIAL SUMMARY (Page 7, Line 8) 6
OPERATING EXPENSES FEED (C): Cost of all feed and bedding used. List items such as: salt, mineral, protein supplement, milk replacer, etc. VETERINARY (D): Cost of veterinary services, supplies, work done and medicines/vaccines you administered. LIVESTOCK PURCHASED (E): Cost of animal/s purchased for Project. MISCELLANEOUS EXPENSES (F): Cost of equipment purchased, supplies, repairs, shearing, hoof trimming, marketing, bedding, brand inspection, entry fees, health certificates, etc. NOTE: QUANTITY must be described, such as 2-50 lb. sacks, or 3 tons. DATE ITEMS QTY. FEED (C) VET (D) ANIMALS (E) MISC (F) TOTALS (Record totals on FINANCIAL SUMMARY (C) (D) (E) (F) (Page 7, Lines 2-5)) NOTE: Items purchased during the Project Year, should be recorded under ending inventory (Page 5, Column B.) INCOME Record all income from sales related to your project. Do not list the animals and supplies on hand at the end of the project. Use Inventory on page 4. DATE ANIMAL OR ITEM SOLD SOLD OR HOME USE? AMOUNT (lbs. gal or # head) PRICE PER (lbs. gal or head) VALUE OR PRICE NET INCOME RECEIVED (G) TOTAL INCOME FROM THIS PROJECT (RECORD BELOW) * 7
FINANCIAL SUMMARY EXPENSES 1. BEGINNING INVENTORY (Page 5, Column A). 2. FEED EXPENSE (Page 6, Column C). 3. VETERINARY EXPENSE (Page 6, Column D). 4. ANIMALS PURCHASED (Page 6, Column E). 5. MISCELLANEOUS EXPENSE (Page 6, Column F). 6. TOTAL EXPENSE (Lines 1 through 5). INCOME 7. PROJECT INCOME (Page 6, Item G). 8. ENDING INVENTORY (Page 5, Column B). 9. TOTAL INCOME (Lines 7 and 8). PROFIT OR LOSS OF PROJECT 10. TOTAL INCOME (line 9 above). 11. TOTAL EXPENSE (line 6 above). 12. If line 10 is greater than line 11, then NET PROFIT = (line 10 minus line 11). 13. If line 11 is greater than line 10, then NET LOSS = (line 11 minus line 10). 8
ANIMAL HEALTH RECORD This is a health record only. Expense of drugs, treatments and veterinary services should not be included here. ANIMAL NAME OR TAG # **Use a separate page for each animal. DATE DESCRIPTION OF SICKNESS & VACCINATIONS ADMINISTERED, ETC. TYPE OF TREATMENT GIVEN AND/OR PRODUCT USED WITHDRAWAL PERIOD (READ THE LABEL) TREATED BY WHOM 9
Management Record Please use this table to indicate the record of growth and development of young animals. Name or Number Beginning Final Total Gain Days on Feed Average Daily Gain Date Weight Date Weight Record of Production Name or Number Date Bred Sire Used Birthdate Number of Offspring Date Rebred Male Female 10
Project Time Sheet Record here hours spend on your project, this can include leadership, conferences, demonstrations, and award ceremonies. 11
How did your BUDGET compare to your final FINANCIAL SUMMARY? What didn t you anticipate in your Project's Budget? Special problems encountered with the Project: Did you complete your goals/objectives? If not, tell in what way: Future plans: 12
4-H Club Activities 13