483
edits
Changes
From Pumping Station One
→Language
== Language ==
== Language ==
The Pumping Station One Budget for FY15 is to become binding.
The budget is here: [[File:FY15_Budget.pdf]] - Warning 100 pages
In addition to this the following rules apply:
* All previous spending authorizations are expired.
* All previous spending authorizations are expired.
* 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 checking account must have a balance of 2 months full operating expenses ($14,546) at all times.
** 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 are authorized to spend up to $750 for a single item on tools, consumables, supplies and maintenance for their respective areas.
** Area hosts are authorized to spend up to $750 for a single item on tools, consumables, supplies and maintenance for their respective areas.
** Area hosts are authorized to spend over $750 for a single item that is itemized in their budget proposal.
** Area hosts may spend over $750 on a single item to replace or repair existing tooling or machinery.
** 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.
** 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 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 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.
* 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.
