2016 Budget Vote
Sponsor
History
- 2019-01-12 - Vote announced on the mailing list
- 2016-01-19 - Language locked in (planned)
- 2016-01-26 - Member vote (planned)
Background
The purpose of this vote is (1) to authorize Area Host spending, (2) to authorize the Board to spend money on normal administrative expenses not already authorized by the bylaws, and (3) to ensure there is an emergency fund set aside for extenuating circumstances.
Expenditures such as rent and utilities (and a few other things) are already approved by the bylaws for the board to spend, so this vote does not cover those. They are included in the background information to inform the amounts we are actually voting on.
The money that area hosts spend in the month of January which was authorized by a temporary budget vote is included in this budget. It’s expected that this vote will replace that one.
Big Picture
| Account | Amount |
|---|---|
| Current Bank Balances (as of 2016-01-02) | $106,396.93 |
| Projected Income for 2016 | $193,200.00 |
| Administrative | -$145,111.19 |
| Unapproved Administrative Expenses | -$-9,200.00 |
| Area Hosts | -$37,100.00 |
| Member Points | -$8,490.00 |
| Total Votes from 2015 | -$1,661.34 |
| Savings | -$73,500.00 |
| Discretionary funds available for future votes | $24,534.40 |
Administrative Expenses
This is a breakdown of the predicted administrative expenses that are already allowed by the bylaws and won’t be voted on in this vote. It is placed here for illustrative purposes only. The other section, titled Unapproved Administrative Expenses, is for things that are not already discussed in the bylaws and will be part of this vote language.
| Expense Name | Amount |
|---|---|
| Bank Charges | $600.00 |
| Insurance | $3,400.00 |
| PayPal Fees | $6,900.00 |
| Professional Services | $7,000.00 |
| Rent | $77,949.99 |
| Utilities | $36,000.00 |
| IRS Penalties | $13,261.20 |