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*** By the end of the FY it should also contain a contribution of $5,000 towards the cost of moving the space in FY16
*** By the end of the FY it should also contain a contribution of $5,000 towards the cost of moving the space in FY16
** Note: Funds required to reach these balances are covered as the savings goals line item in the master budget.
** Note: Funds required to reach these balances are covered as the savings goals line item in the master budget.
** Income after operating expenses must be divided such that at least 50% of the remaining money is used to fund the account balance deficits until the required funding level is reached. The remaining 50% can be used for area host and vote spending. After the required balances are met all money may be used for area host and vote spending.
** 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.
* The Area host spending:
* The Area host spending:
** Area hosts are authorized to spend up to the budgeted amount listed in the table below. The spending of this amount should be prorated over the year to allow the space collect the required income to fund the spending.
** Area hosts are authorized to spend up to the budgeted amount listed in the table below. The spending of this amount should be prorated over the year to allow the space collect the required income to fund the spending.
