| Line 128: |
Line 128: |
| | == Language == | | == Language == |
| | | | |
| − | * The following expenditures are approved by the membership provided that executing the purchase would not bring the cash assets of the hackerpsace below 4 month operating expenses, currently $30,500. These authorizations will be valid through December 31st, 2015.
| |
| − | * All previous budget authorizations not made in the past 90 days are expired.
| |
| | | | |
| − | | + | * All previous spending authorizations are expired. |
| − | === Departments, including Area Hosts ===
| + | * Account balances: |
| − | | + | ** The checking account must have a balance of 2 months full operating expenses ($14,546) at all times. |
| − | The Area hosts are authorized to spend the following amounts for tools, consumables, supply and maintenance for their respective areas. Capital purchases over $500 that replace or repair existing tooling and machinery are valid under this authorization.
| + | ** The savings account must have a balance consisting of: |
| − | | + | *** 5 months minimum operating expenses ($46,664.95) |
| − | {| class="wikitable"
| + | *** Funds to cover the spaces tax deficit ($10,000) |
| − | ! Area
| + | *** By the end of the FY it should also contain a contribution of $5,000 towards the cost of moving the space in FY16 |
| − | ! Amount
| + | * 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. |
| − | | Electronics
| + | ** Area hosts are authorized to spend up to $750 for a single item on tools, consumables, supplies and maintenance for their respective areas. |
| − | | $8,380
| + | ** Area hosts may spend over $750 on a single item to replace or repair existing tooling or machinery. |
| − | |-
| + | ** Area hosts will be issued a expense card with an initial value of $500. |
| − | | Woodworking
| + | *** 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. |
| − | |-
| + | * Reporting |
| − | | CNC
| + | ** The treasurer must produce a monthly report showing spending/income against all budgets. |
| − | | $4,420
| + | ** 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 there vote proposal. |
| − | |-
| |
| − | | Cold Metals
| |
| − | | $8,875
| |
| − | |-
| |
| − | | Hot Metals
| |
| − | | $5,820
| |
| − | |-
| |
| − | | Arts & Crafts
| |
| − | | $4,888
| |
| − | |-
| |
| − | | Kitchen
| |
| − | | $6,299
| |
| − | |-
| |
| − | | Tool Cage
| |
| − | | $4,348
| |
| − | |-
| |
| − | | General
| |
| − | | $7,515.01
| |
| − | |-
| |
| − | | Office of the CTO
| |
| − | | $8,307
| |
| − | |-
| |
| − | | SEM
| |
| − | | $1,330
| |
| − | |-
| |
| − | |}
| |
| − | | |
| − | === Office of the CTO ===
| |
| − | Further breakdown of Office of the CTO expenses, Office Expenses account. The Office of the CTO falls under G & A.
| |
| − | {| class="wikitable"
| |
| − | ! Item Name
| |
| − | ! Description
| |
| − | ! Annual Cost
| |
| − | ! Monthly Cost
| |
| − | |-
| |
| − | | Quickbooks
| |
| − | | Accounting Software.
| |
| − | |
| |
| − | | $42.45
| |
| − | |-
| |
| − | | Zoho
| |
| − | | Member Management Software.
| |
| − | | $1,167
| |
| − | |
| |
| − | |-
| |
| − | | Pagely
| |
| − | | Blog Platform (the main website is hosted by this).
| |
| − | | $1,440
| |
| − | |
| |
| − | |-
| |
| − | | Creative Cloud
| |
| − | | Adobe Software.
| |
| − | |
| |
| − | | $55
| |
| − | |-
| |
| − | | Concur
| |
| − | | Addon to Accounting software.
| |
| − | |
| |
| − | | $80
| |
| − | |-
| |
| − | | Quickbooks Upgrades
| |
| − | | Other Addons to Accounting Software.
| |
| − | |
| |
| − | | $40
| |
| − | |-
| |
| − | | SSL Certificates
| |
| − | | To make connections to our web site secure and trusted.
| |
| − | | $200
| |
| − | |
| |
| − | |-
| |
| − | | Domain renewal
| |
| − | |
| |
| − | | $100
| |
| − | |
| |
| − | |-
| |
| − | | 3rd Party Hosting
| |
| − | | To move some of our web services off site.
| |
| − | |
| |
| − | | $50
| |
| − | |-
| |
| − | |}
| |
| − | | |
| − | === General and Administrative ===
| |
| − | | |
| − | The following expenditures are authorized. | |
| − | | |
| − | {| class="wikitable"
| |
| − | ! Item
| |
| − | ! Annual
| |
| − | |-
| |
| − | | Account Transfer
| |
| − | | $19,100
| |
| − | |-
| |
| − | | Advertising
| |
| − | | $1,000
| |
| − | |-
| |
| − | | Bank Charges
| |
| − | | $7,304.16
| |
| − | |-
| |
| − | | Meals and Entertainment
| |
| − | | $1,200
| |
| − | |-
| |
| − | | Insurance
| |
| − | | $2,686
| |
| − | |-
| |
| − | | Office Expenses
| |
| − | | $700
| |
| − | |-
| |
| − | | Professional Services
| |
| − | | $2,700
| |
| − | |-
| |
| − | | Rent
| |
| − | | $47,787.48
| |
| − | |-
| |
| − | | Utilities
| |
| − | | $22,464
| |
| − | |}
| |
| | | | |
| | == Account Transfer == | | == Account Transfer == |
