1,183
edits
Changes
From Pumping Station One
→History
== Sponsor ==
== Sponsor ==
* Tom
* [[User:Amishhammer|Tom Judge]]
* Justin
* [[User:Justin|Justin T. Conroy]]
* Jenny
* [[User:Sylphiae|Jenny Tong]]
== History ==
== History ==
* 2015-01-06 - Vote announced on the mailing list
* 2015-01-06 - Vote announced on the mailing list
* 2015-01-20 (planned) - Language locked in.
* 2015-01-20 - Language locked in.
* 2015-01-27 (planned) - Vote of the membership on this budget.
* 2015-01-27 - Vote of the membership on this budget.
== Background ==
== Background ==
{| class="wikitable"
{| class="wikitable"
! "Account"
! Account
! Amount
! Amount
|-
|-
| 5 months minimal operating expenses
| 5 months minimal operating expenses
| -$46,178.70
| -$46,178.70
|-
|-
| Tax Savings
| Tax Savings
|-
|-
| Area budgets
| Area budgets
| -$45,920
| -$47,131
|-
|-
| Votes budget
| Votes budget
| -$29,100
| -$35,900
|-
|-
|}
|}
=== Accounts ===
=== Accounts ===
The following is a list of accounts. They are explained in detail in the linked sheets below.
The following is a list of account budget totals for the year. They are explained in detail in the linked sheets below.
{| class="wikitable"
{| class="wikitable"
|-
|-
| Savings Goals
| Savings Goals
| -$19,100.00
| -$10,600
|-
|-
| Advertising
| Advertising
|-
|-
| Equipment
| Equipment
| -$39,575.00
| -$46,875.00
|-
|-
| Furniture
| Furniture
|-
|-
| Office Expenses
| Office Expenses
| -$5,158.00
| -$5,667.40
|-
|-
| Professional Services
| Professional Services
|-
|-
| Repair & Maintenance
| Repair & Maintenance
| -$6,082.00
| -$5,782.00
|-
|-
| Safety Equipment
| Safety Equipment
| -$1,720.00
| -$1,920.00
|-
|-
| Supplies
| Supplies
| -$16,384.00
| -$16,415.00
|-
|-
| Tools
| Tools
| -$3,813.00
| -$3,993.00
|-
|-
| Utilities
| Utilities
|}
|}
There is an excess of $87.36 in the final budget.
There is an excess of $97.96 in the final budget.
=== Account Guide ===
=== Account Guide ===
{| class="wikitable"
{| class="wikitable"
!Account
!Type
!Description
|----
|----
|Membership Projection
|Membership Projection
=== Additional Notes ===
=== Additional Notes ===
* Office of the CTO is not a new department. It was created for organizational purposes, and it is actually a subdepartment under G&A. It does not authorize the CTO to spend money at all; it only allows the board to spend that money, just like for the rest of the expenses in G&A.
* Office of the CTO is not a new department. It was created for organizational purposes. It does not authorize the CTO to spend money at all; it only allows the board to spend that money, just like for the rest of the expenses in G&A.
* The language states that there is no real spending limit for repairing or replacing a piece of equipment in an area. This is to allow area hosts to maintain their areas as normal. If the area host or another member decides it would be best to replace a broken tool with a better tool, there would need to be a member vote to authorize it.
* The language states that there is no real spending limit for repairing or replacing a piece of equipment in an area. This is to allow area hosts to maintain their areas as normal. If the area host or another member decides it would be best to replace a broken tool with a better tool, there would need to be a member vote to authorize it.
== Language ==
== Language ==
This vote is to authorize the budget for the 2015 Fiscal Year which lasts from January 1, 2015 to December 31, 2015. This vote authorization will expire on December 31, 2015.
The official, itemized budget we are voting on can be found in the following subpages:
The official, itemized budget we are voting on can be found in the following subpages:
In addition to this the following rules apply:
In addition to this the following rules apply:
=== Previous Spending Authorization Expiration ===
* All previous spending authorizations are expired except for the following votes:
* All previous spending authorizations are expired except for the following votes:
** [[Vote to Repair SEM Vacuum Pump]]
** [[Vote to Repair SEM Vacuum Pump]]
** [[CNC Milling Machine Vote]]
** [[CNC Milling Machine Vote]]
=== 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 ===
* 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.
** Funds to cover an estimate of Pumping Station: One's tax deficit ($10,000).
** By the end of the Fiscal Year, it should also contain a contribution of $5,000 towards the cost of moving the organization in the future.
* Note: Funds required to reach these balances are covered as the savings goals line item in the master budget.
* Funding of savings goals/accounts should be amortized over the year. Spending in other categories can still occur before these goals are met. After the required balances are met, all money may be used for area host and vote spending.
=== Area Host Spending ===
* Area hosts are authorized to spend up to the budgeted amount listed in the master budget page. The spending of this amount should be prorated over the year to allow the organization to collect the required income to fund the spending.
* Area hosts are authorized to spend up to $750 for any single capital expenditure.
* Area hosts may spend any amount within their budget to replace or repair existing tooling or machinery. Replacements must be the exact same item. Any upgrade or different tooling or machinery that serves the same purpose would require a member vote to authorize spending.
* The categories in each individual area host budget are guidelines and area hosts are not required to spend their money exactly as allocated on the master budget page.
* Area hosts will be issued a expense card with an initial value of $500.
** Area hosts must complete an itemized expense report after spending any money on an expense card.
** Area hosts expense cards will only be replenished after the board has processed the expense reports.
** Area hosts must request additional funds be placed on their card to cover purchases over $500. Funds will not be added to cards with missing expense reports.
=== Board of Directors Spending ===
* The Board of Directors is authorized to spend from the General and Administrative and the Office of the CTO budgets. Budgets that are already authorized to the Board of Directors from [[Bylaws#Board Budget|the bylaws]] are guidelines, as the bylaws take precedence.
=== Reporting ===
* The treasurer must produce a report for each month, showing spending/income against all budgets. The reports should be released in a reasonable amount of time after the end of each month.
* The treasurer must produce a report showing spending/income against all budgets when requested by any member.
[[Category:Votes]]
[[Category:Votes]]
[[Category:2015 Votes]]
[[Category:2015 Votes]]
