Difference between revisions of "2017 Administrative Budget Vote"
| Line 24: | Line 24: | ||
! Amount | ! Amount | ||
|- | |- | ||
| − | | Current Bank Balances (as of 2016- | + | | Current Bank Balances (as of 2016-12-06) |
| − | | $ | + | | $158,884 |
| − | |||
|- | |- | ||
| Projected Income for 2017 | | Projected Income for 2017 | ||
| $244,320 | | $244,320 | ||
| − | |||
|- | |- | ||
| Administrative, Per Bylaws | | Administrative, Per Bylaws | ||
| − | | -$ | + | | -$158,858 |
|- | |- | ||
| Administrative Expenses, Member Approved | | Administrative Expenses, Member Approved | ||
| Line 39: | Line 37: | ||
|- | |- | ||
| Member Points | | Member Points | ||
| − | | -$ | + | | -$6,500 |
|- | |- | ||
| Total Votes from 2016 | | Total Votes from 2016 | ||
| − | | -$ | + | | -$8,244 |
| This number needs to be verified | | This number needs to be verified | ||
|- | |- | ||
| Line 49: | Line 47: | ||
|- | |- | ||
| Available for other votes/area budgets | | Available for other votes/area budgets | ||
| − | | $ | + | | $139,602 |
|- | |- | ||
|} | |} | ||
| Line 61: | Line 59: | ||
|- | |- | ||
| Bank Charges | | Bank Charges | ||
| − | | $ | + | | $900 |
|- | |- | ||
| Insurance | | Insurance | ||
| − | | $ | + | | $4575 |
|- | |- | ||
| PayPal Fees | | PayPal Fees | ||
| − | | $ | + | | $7500 |
|- | |- | ||
| Professional Services | | Professional Services | ||
| $7000 | | $7000 | ||
| − | |||
|- | |- | ||
| Rent | | Rent | ||
| Line 77: | Line 74: | ||
|- | |- | ||
| Utilities | | Utilities | ||
| − | | $24, | + | | $24,750 |
|- | |- | ||
|City/Legal Compliance | |City/Legal Compliance | ||
| Line 96: | Line 93: | ||
| CTO/Systems Maintenance | | CTO/Systems Maintenance | ||
| $2,500 | | $2,500 | ||
| − | |||
|- | |- | ||
| PR/Advertising | | PR/Advertising | ||
| $500 | | $500 | ||
| − | |||
|- | |- | ||
| Meals & Entertainment (Parties) | | Meals & Entertainment (Parties) | ||
| $1,400 | | $1,400 | ||
| − | |||
|- | |- | ||
| Office Expenses | | Office Expenses | ||
| $100 | | $100 | ||
| − | |||
|- | |- | ||
| Cleaning/Janitorial | | Cleaning/Janitorial | ||
| $10,500 | | $10,500 | ||
| − | |||
|- | |- | ||
| Member Points (currently outstanding and future awards) | | Member Points (currently outstanding and future awards) | ||
| − | | $ | + | | $6,500 |
| − | |||
|- | |- | ||
| Emergency Fund Savings | | Emergency Fund Savings | ||
| Line 131: | Line 122: | ||
|- | |- | ||
| https://wiki.pumpingstationone.org/Large_Laser_Cutter_Vote_R2 | | https://wiki.pumpingstationone.org/Large_Laser_Cutter_Vote_R2 | ||
| − | | $ | + | | $2,240 |
| − | |||
|- | |- | ||
| https://wiki.pumpingstationone.org/Vote_to_Renovate_the_Kitchen | | https://wiki.pumpingstationone.org/Vote_to_Renovate_the_Kitchen | ||
| $4,200*** | | $4,200*** | ||
| − | |||
|- | |- | ||
| https://wiki.pumpingstationone.org/CNC_Plasma_Cutter_Vote_V2 Expires 1/5/17 | | https://wiki.pumpingstationone.org/CNC_Plasma_Cutter_Vote_V2 Expires 1/5/17 | ||
| − | | $ | + | | $1,804 |
| − | + | ||
|- | |- | ||
Revision as of 13:58, 10 December 2016
Back to 2017 Budget.
THIS IS A WORK IN PROGRESS
Sponsors
- Justin T. Conroy
- Michael Skilton
History
- Mailing List Announcement: ???
- Officially Proposed: ???
- Voted on: ???
Background
The purpose of this vote is (1 to authorize the Board to spend money on normal administrative expenses not already authorized by the bylaws, and (2) 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.
Big Picture
| Category | Amount | |
|---|---|---|
| Current Bank Balances (as of 2016-12-06) | $158,884 | |
| Projected Income for 2017 | $244,320 | |
| Administrative, Per Bylaws | -$158,858 | |
| Administrative Expenses, Member Approved | -$15,000 | |
| Member Points | -$6,500 | |
| Total Votes from 2016 | -$8,244 | This number needs to be verified |
| Savings Set Aside | -$75,000 | |
| Available for other votes/area budgets | $139,602 |
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 | $900 |
| Insurance | $4575 |
| PayPal Fees | $7500 |
| Professional Services | $7000 |
| Rent | $89,133 |
| Utilities | $24,750 |
| City/Legal Compliance | $25,000 |
Language
Authorize the board to spend up to $X to cover administrative expenditures for the fiscal year of 2017. This spending authorization goes into effect 2017-01-01 and expires 2017-12-31.
The following expenditures and allocations are approved by this budget for the year of 2016:
| Category | Amount |
|---|---|
| CTO/Systems Maintenance | $2,500 |
| PR/Advertising | $500 |
| Meals & Entertainment (Parties) | $1,400 |
| Office Expenses | $100 |
| Cleaning/Janitorial | $10,500 |
| Member Points (currently outstanding and future awards) | $6,500 |
| Emergency Fund Savings | $75,000 |
Previous Spending Authorization Expiration
All previous spending authorizations are expired except for the following votes:
| Vote Name | Amount Remaining |
|---|---|
| https://wiki.pumpingstationone.org/Large_Laser_Cutter_Vote_R2 | $2,240 |
| https://wiki.pumpingstationone.org/Vote_to_Renovate_the_Kitchen | $4,200*** |
| https://wiki.pumpingstationone.org/CNC_Plasma_Cutter_Vote_V2 Expires 1/5/17 | $1,804 |
Other Requirements
- The board of directors must set aside $25,000 for potential costs associated with city occupancy and business licensing and building code requirements.
- The emergency fund savings are to be set aside in case of emergency. This vote leaves the determination of an emergency to the discretion of the board of directors and provides no guidelines for such determination.
Vote
- Quorum:
- Yay:
- Nay:
- Abstain: