Anonymous

Changes

From Pumping Station One
104 bytes removed ,  03:04, 19 January 2015
Line 262: Line 262:  
* Pumping Station One will adopt an expense reporting tool for area hosts and board members to use for reporting on spending.
 
* Pumping Station One will adopt an expense reporting tool for area hosts and board members to use for reporting on spending.
 
* Account balances:
 
* Account balances:
** The checking account must have a balance of 2 months full operating expenses ($14,546) at all times.
   
** The savings account must have a balance consisting of:
 
** The savings account must have a balance consisting of:
 
*** 5 months minimum operating expenses ($46,664.95). This is to be an emergency fund that should only be used in cases of emergency, at the discretion of the Board of Directors.
 
*** 5 months minimum operating expenses ($46,664.95). This is to be an emergency fund that should only be used in cases of emergency, at the discretion of the Board of Directors.
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