Budgetcommittee10032017

Who

Jose redacted Charles Jim Kidwell Micheal Hammons Brian Cave Troll Raj David

Goals

• Define goals
• understand current bylaws
• understand current expenses

Results

• budget needs to address emergency fund
  • keeping the space functioning and running
• Who is authorized to spend the funds
  • treasurer verifies funds
  • A board member can authorize for reimbursement or pay for item
• possible scale budget to membership
• year review
• membership approves the budget
• volunteer budget committee
  • committee budget, last years budget, go back to old system
  • if there is no budget we go back to $500 max $100 item and FAP
  • Budget must be submitted by Nov 30th and voted on at elections
  • treasurer chairs the committee
• Method for bailing on the budget

discoverables

• equipment repair/replacement
  • do we break it up
  • general
• advertising
• Materials
• consumables
• low cost equipment purchases
• Facility repair
• rent
• utilities
  • average for the year
• insurance
• emergency fund
• Stipend $500 with $100 max
  • increase to something and $200 max