Budgetcommittee10242017

Who

Tyler
Jose
Raj
Charles
Micheal
Tom M
David

• Tim M
  

Goals

• Define goals
• Stipend change $500 with $100 max
  • increase to something and $200 max
• Get actual expenditures

budget outline

Get actual expenditures

1. capital equipment repair/replacement with same or equivalent not upgrade
   1. Lasers
   2. Shopbot cnc
   3. Soldering and electronics
   4. Woodshop
   5. Metalshop
   6. 3d printers
   7. Sewing
   8. Vinyl Cutters
   9. jewelry and casting
   10. paper printers
   11. Facilities Repair ( light fixtures, network, projectors..)
2. Materials subsidized ( Vinyl supplies, 3d filament)
   1. filament 279
   2. vinyl and tape 135.41
3. making expenses( soldering stuff, paper/ink, drill bits, glue sticks, blades ... )
4. space supplies( house keeping, paper plates, upkeep, light bulbs ... )
5. low cost equipment purchases ( wrenches, screwdrivers sub $100 ...)
6. Events ( Hackathons, Parties, Makerfairs ...)
7. rent
   1. max 1590 month
   2. 19080
8. utilities (Gas, Electric, Water, Sanitation, Utilities)
   1. 2016 ~6567 ~547
   2. 2017 ytd ~6193 ~688
   3. 8/16 8/17 ~c
   4. 7800
9. subscriptions ( Membership management, eventbright, meetup ..)
   1. ~1518 ~168
10. insurance
    1. 2067 year
11. advertising ( Stickers, signs, business cards ...)
    1. 131 ytd
12. emergency fund ( cover change in the emergency fund for 6 months goal)
    1. up to par for 3 months add ~3000

bylaws suggestions

1. If members drop below x for 3 months then budget is removed and go back to old system
2. budget must contain minimum operating expenses
3. Stipend should remain - possible on clarification
4. conditions under which budget is accepted and amended
5. Who is authorized to spend the funds
   1. treasurer verifies funds
   2. A board member can authorize for reimbursement or pay for item
6. volunteer budget committee
   1. committee budget, last years budget, go back to old system
   2. if there is no budget we go back to $500 max $100 item and FAP
   3. Budget must be submitted by Nov 30th and voted on at elections
   4. treasurer chairs the committee
7. membership approves the budget at January Elections

discoverable

Current expenditures that should not be there