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no edit summary
=== Big Picture ===
=== Big Picture ===
{| class="wikitable"
{| class="wikitable"
! Account
! Category
! Amount
! Amount
|-
|-
|-
|-
| Administrative
| Administrative
| -$145,111.19
| -$131,849.99
|-
|-
| Unapproved Administrative Expenses
| Unapproved Administrative Expenses
| -$-9,200.00
| -$9,400.00
|-
|-
| Area Hosts
| Area Hosts
|-
|-
| Discretionary funds available for future votes
| Discretionary funds available for future votes
| $24,534.40
| $37,595.60
|-
|-
|}
|}
=== Administrative Expenses ===
This is a breakdown of the predicted administrative expenses that are already allowed by the bylaws and won’t be voted on in this vote. It is placed here for illustrative purposes only. The other section, titled Unapproved Administrative Expenses, is for things that are not already discussed in the bylaws and will be part of this vote language.
{| class="wikitable"
! Expense Name
! Amount
|-
| Bank Charges
| $600.00
|-
| Insurance
| $3,400.00
|-
| PayPal Fees
| $6,900.00
|-
| Professional Services
| $7,000.00
|-
| Rent
| $77,949.99
|-
| Utilities
| $36,000.00
|-
|}
== Language ==
This vote is to authorize the budget for the 2016 Fiscal Year, which lasts from January 1, 2016 to December 31, 2016. This vote authorization will expire on December 31, 2016.
The following expenditures and allocations are approved by this budget for the year of 2016:
{| class="wikitable"
! Category
! Amount
|-
| General Area
| $5,000
|-
| CNC Area
| $3,000
|-
| Kitchen Area
| $1,500
|-
| Electronics Area
| $4,700
|-
| Machine Shop Area
| $5,600
|-
| Hot Metals Area
| $4,300
|-
| Tool Cage Area
| $3,000
|-
| Arts, Crafts, & Textiles Area
| $2,500
|-
| Woodshop Area
| $5,000
|-
| CTO/Systems Maintenance
| $2,500
|-
| PR/Advertising
| $500
|-
| Meals & Entertainment (Parties)
| $1,200
|-
| Office Expenses
| $100
|-
| Cleaning/Janitorial
| $2,600
|-
| New Space Buildout
| $5,000
|-
| Member Points (currently outstanding and future awards)
| $8,490
|-
| Emergency Fund Savings
| $73,500
|-
|}
=== Previous Spending Authorization Expiration ===
All previous spending authorizations are expired except for the following votes:
{| class="wikitable"
! Vote Name
! Amount Remaining
|-
| [[Vote to Buy A New Router Table]]
| $1661.34
|-
|}
=== Other Requirements ===
* The board of directors must set aside $13,261.20 for fines that may need to be paid to the IRS. If those fines end up being waived, the money will be returned to the general fund for member votes.
* The emergency fund savings are to be set aside in case of emergency. This vote leaves the determination of an emergency to the discretion of the board of directors and provides no guidelines for such determination.
* The New Space Buildout item is to be spent on building costs for moving into the new, expanded space. It will be left to the discretion of the board of directors to determine what costs are appropriate for that budget. The board may, at its option, appoint a committee to manage that budget, or assign it to an already existing committee.
=== Area Host Spending ===
Area hosts are authorized to spend up to the budgeted amount listed for their area. The spending of this amount should be prorated over the year to allow the organization to collect the required income to fund the spending.
== Results ==
38 Members were present for the vote, so quorum is met.
* For: 34
* Against: 3
* Abstain: 1
The vote passes.
[[Category:Votes]]
[[Category:2016 Votes]]