2015 Budget Vote: Difference between revisions

From Pumping Station One
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* Pumping Station One will adopt an expense reporting tool for area hosts and board members to use for reporting on spending.
* 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 savings account must have a balance consisting of:
** The savings account must have a balance consisting of:
*** 5 months minimum operating expenses ($46,664.95). This is to be an emergency fund that should only be used in cases of emergency, at the discretion of the Board of Directors.
*** 5 months minimum operating expenses ($46,664.95). This is to be an emergency fund that should only be used in cases of emergency, at the discretion of the Board of Directors.