2014 Budget Vote
Sponsor
- Bry
- Hef
- Derek
- Everett
- Noony
History
- 2014-03-15 - Sponsor Meeting 1
- 2014-03-29 - Sponsor Meeting 2
- 2014-04-01 - Wide Release to Announcement
- 2014-04-08 - Budget Lockdown (Official Announcement)
- 2014-04-15 - Intended Vote Day
Background
Big Picture
| "Account" | Amount | Remaining |
|---|---|---|
| Member dues income from PayPal | $105,894 | $105,894 |
| Amount Currently in Bank | $67,767 | $173,661 |
| Recurring Monthly Expenses | -$53,245 | $120,416 |
| 8 months rent buffer | -$30,072 | $90,344 |
| Area hosts | -$27,047 | $63,297 |
| General and Administrative | -$8,500 | $54,797 |
After everything listed in this proposal, there will still be a projected $54,000 available for the membership's discretion.
Area Host
Area hosts submitted budgets to this vote's sponsors with items that lead toward the area hosts's vision for his or her area. The process chosen for deciding is the following:
- New capital purchases over $500 was not approved.
- This was not a condemnation of the purchase, but to allow the member's to have a more distinct voice in the expenditure decisions of the Hackerspace.\
- Knowing what might be purchased was helpful in planning the rest of year.
- Member projects were moved out.
- Again, not a condemnation, but intended for these to be resubmitted by the interested parties.
- Knowing these numbers is also very helpful for planning.
- Any area host budget under $3,000 after removing items for separate vote was bumped up to a minimum $3,000
Grand total: $27,047
Monthly and Fixed Expenses Explained
The following is a list of recurring expenses that that hackerspace has. Some of them have been paid in full, or paid in part already. The following tables shows both what the yearly expected cost is, and the expected remaining cost.
| Expense | Yearly | April-December |
|---|---|---|
| Rent | $45,108 | $26,313 |
| Zoho | $1,167 | $0 |
| Gas | $8,592 | $6,444 |
| Laser Loan | $2,292 | $1,719 |
| Zapier | $165 | $0 |
| Chase Fees | $300 | $225 |
| Quickbooks | $504 | $378 |
| Waste Management | $1,776 | $1,332 |
| Atmosphere | $1,560 | $0 |
| Comcast | $2,304 | $1,728 |
| Pagely | $1,440 | $1,080 |
| Comed | $7,920 | $5,940 |
| Member Points | $7,200 | $5,400 |
| Insurance | $2,686 | $2,686 |
- Yearly Total: $83,014
- April-December Total: $53,245
Board of Directors Expenditures
The following expenditures are already authorizable by Board of Director's for any amount, but listed here to represent expectation.
| Item | Annual |
|---|---|
| Legal | $3,000 |
| Space Maintenance | $1,000 |
| Business Fees | $300 |
| Safety Equipment | $1,000 |
| Member Points | $7,200 |
Planning sheet
The following is the sheet used to plan the budget. Please be advised that it is poorly formatted and not written for viewing, it was written for planning.
Language
- The following expenditure are approved by the membership provided that executing the purchase would not bring the cash assets of the hackerpsace below 8 month rent, currently $30,072.
- All previous budget authorizations not made in the past 90 days are expired.
Area Host
The Area hosts are authorized to spend the following amounts for tools, consumables, supply and maintenance for their respective areas. Capital Purchases over $500 are not covered here. Capital purchases over $500 that replace or repair existing tooling and machinery are.
| Area | Amount |
|---|---|
| Electronics | $4,250 |
| Woodworking | $3,850 |
| CNC | $3,000 |
| Cold Metals | $3,000 |
| Hot Metals | $3,447 |
| Arts | $3,000 |
| Kitchen | $3,000 |
| Tool Cage | $3,000 |
| General | $500 |
General and Administrative
The following expenditures are authorized.
| Item | Annual |
|---|---|
| Cleaning | $1,000 |
| Parties | $1,000 |
| Office Supplies | $500 |
| Swag | $200 |
| Meals and Entertainment | $500 |
Recurring Expenses
The following expenses are authorized.
| Expense | Yearly |
|---|---|
| Rent | $45,108 |
| Zoho | $1,167 |
| Laser Loan | $2,292 |
| Zapier | $165 |
| Chase Fees | $300 |
| Quickbooks | $504 |
| Waste Management | $1,776 |
| Atmosphere | $1,560 |
| Comcast | $2,304 |
| Pagely | $1,440 |
| Insurance | $2,686 |
Recurring Variable Expenses
Electrical and Gas are authorized to the amount the hacker space is billed.
| Expense | Yearly |
|---|---|
| Gas | $8,592 |
| Comed | $7,920 |