O&D Meeting 03/19/2024
Revision as of 10:32, 21 March 2024 by Keviceaia (talk | contribs) (→Action Items for Next Meeting)
Contents
Agenda
Old Action Items
- Regular Email of Membership Number - TiFF
- Planar - Jeff
- Email about Pot Luck-Spaghetti
- Text Landlord about lease - Kevin
- Broken Response - Kevin
- RFID Coke Machine - Doc
- Laddered CD's
Old Business
- Soda Machine Stuff - Lock-a-doc
- Lawyer Stuff / Wavier
- Selling the Makerbot and Biques
- Planar Replacement
- Cameras in Wood Shop
- Food on Tuesdays
- Mural discussion - Adam
- Promotional Materials - Adam
Membership Report
- 78 dues-paying members in good standing for February.
Treasurer Report
- February numbers were upside-down. Revenue (at $3,894.15) was less than Expense (at $5,330.68) for a Net loss of ($1,436.53) primarily due to two large bills and the increased monthly rent.
- February Financial Reports
- Discuss spreading out BIG bills.
- Proposed LG&E Bill Leveling Implementation = Create a $1,000 "LG&E Bill Leveling" reserve for 2024. Then draw from, or add to that reserve each month based on if the actual monthly LG&E bill is more than, or less than a determined average ($680 per month for 2024). Each LG&E monthly expense is "leveled" at $680 during 2024. The reserve fund value fluctuates (+/-) each month; but returns to $1,000 at year end. The process then repeats in subsequent years.
- Every February, we have a Pike13 Advantage annual service fee at $1,416.00. If we start to reserve $142.60 per month, over the next 10 months (Apr/24 to Jan/25) we will have the next needed $1,416 next February 2025 and beyond.
- Working with Daniel Johnsen and Tiffany, intending to transition from Quickbooks Desktop (single PC version) to Quickbooks Online (5 online users) accounting software, hopefully during March, and then back-populate the accounting for all of 2024.
- Encourage success via OOPS initiatives to grow membership and increase revenue.
New Business
- Battery disposal bin request
- Policy of Sponsoring New Members - Charles
- Repair Fair
Round Table
Action Items for Next Meeting
Email out membership count. - Tiff
Call Landlord about lease signing and getting a copy to a email. -Danielle
Add James (and soon Carson) to Emailing list. -Danielle
Start CD's for 2500 a month. - Jim
Hors d'oeuvres is April's Pitch in and send out email. - Kevin
Ask landlord about food truck for May. - Tiff
Email Carson about makership. - Kevin
Cancel Flicker paypal. - Jim
Account for makerships. - Jim
Talk to Raj and Sean about allowance process for budget. - Charles
Oops Email for April meeting date on Discord. - Danielle
Look for quotes on brochures. - Adam
Categorizing Monthly Purchases
- Will work toward a formalized procedure to make sure it continues; possible bylaw change for annual meeting
