Line 21: |
Line 21: |
| This budget is designed with the following goals: | | This budget is designed with the following goals: |
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− | * Make sure there is savings set aside for 10 full months of operating expenses.
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| * Set aside funds for other emergency expenses such as health and safety, building maintenance/improvements/code compliance, and city occupancy. | | * Set aside funds for other emergency expenses such as health and safety, building maintenance/improvements/code compliance, and city occupancy. |
| * Authorize the Board to spend money on normal administrative expenses not already authorized by the bylaws. | | * Authorize the Board to spend money on normal administrative expenses not already authorized by the bylaws. |
− | * Predict expenditures based on a conservative membership model that shows 0% growth based on January 2021 membership and income calculations. | + | * Predict expenditures based on a conservative membership model that shows 0% growth based on November 2022 membership and income calculations. |
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| === Additional Notes === | | === Additional Notes === |
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− | *For additional documentation and calculations please see the [https://docs.google.com/spreadsheets/d/1eJjo2PveLohLXIrOnZGl6j8KEibKBOHnqyUIKoBjQ24/edit?usp=sharing 2021 PS:One Fiscal Year Budget] Google Docs. | + | *For additional documentation and calculations please see the [https://docs.google.com/spreadsheets/d/1gynxUHR2YQXem99H9go4ohc0YE6hn5Gs-Gd_CIPBWuw 2024 Budget worksheet] |
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− | * Events (aka Meals and Entertainment) is a budget chaired by the Events Volunteer. Funds are allocated to those roles, but are considered part of the [https://docs.google.com/spreadsheets/d/1eJjo2PveLohLXIrOnZGl6j8KEibKBOHnqyUIKoBjQ24/edit?range=E13#gid=247639608&range=E13 administrative budget].
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| * Funding of savings goals/accounts should be amortized over the year. Spending in other categories can still occur before these goals are met. | | * Funding of savings goals/accounts should be amortized over the year. Spending in other categories can still occur before these goals are met. |
− | * Note: as of Dec 15 2020, the savings is fully funded and we have a 20k surplus, which will last till the middle of the year if things stay flat.
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| * If things get better, great. We will still have our savings fund. | | * If things get better, great. We will still have our savings fund. |
| * If things get worse, the membership and or the board can make adjustments. | | * If things get worse, the membership and or the board can make adjustments. |