Changes

** [[Vote to Repair SEM Vacuum Pump]]

** [[Vote to Repair SEM Vacuum Pump]]

** [[CNC Milling Machine Vote]]

** [[CNC Milling Machine Vote]]

==== Reporting on Spending ====

=== Reporting on Spending ===

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.

** 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.

** 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.

** 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.

** 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 ====

=== 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.

* 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 ====

=== Reporting ===

* The treasurer must produce a monthly report showing spending/income against all budgets.

* The treasurer must produce a monthly report showing spending/income against all budgets.

* The treasurer must produce a report showing spending/income against all budgets when requested by any member. Members that propose votes should request a report and include this with their vote proposal.

* The treasurer must produce a report showing spending/income against all budgets when requested by any member. Members that propose votes should request a report and include this with their vote proposal.