2025 Budget Vote

go way, i'm not done yet. not even close. barely started. why are you still here?

Dates

11/25/24 - announced
11/25/24 - Language locked in. maybe. or a week later.
12/xx/24 - Vote of the membership on this budget - sent?.
12/yy/24 - Vote of the membership on this budget - read?.

Background

This year of 2024 over $300k came in. 2025 I expect over $400l. Some of that money has to be spent on things such as rent and electricity and some of it the membership gets to decide how to spend it, but not the amounts reserved for the building and budgetary buffer in the case of unexpected expenses.

PS1 History lesson:

At first, everything was a member vote, even things like "pay the rent"

[citation needed] At some point it was decided this was ridiculous and the board was given the authority to make sure the rent got paid. And other things we can call Operational Expenses. Make sure PS1 continued to exist such that there was a place and the bare necessities. Anything optional required a vote.

Reimburse Patrick for the lamp $153.74 - Passed [Board_Meeting_Notes_2011-05-17]

Which was fine as there wasn't enough money to buy lots of things, and everyone knew that, so there were not very many votes to buy things.

As PS1 grew, there was more money to spend, which meant more votes. Great!

At some point it was decided to consolidate: Each Area Host could run a vote and get a budget for the year. [citation needed]

And later it was decided to consolidate all these votes into one big budget vote, and here we are.

There does not have to be any money allocated for additional votes, and as the organizations financial position changes we will have more or less money to work with.

The budget spreadsheet is to help predict, but not define how money will be spent. Only what is in the language of this vote does.

Aims

This budget is designed with the following goals:

Set aside funds for other emergency expenses such as health and safety, building maintenance/improvements/code compliance, and city occupancy.
Authorize the Board to spend money on normal administrative expenses not already authorized by the bylaws.
Predict expenditures based on a conservative membership model that shows 0% growth based on this November membership.

Additional Notes

All the numbers: 2025 Budget worksheet
We are on track to buy the building, but that is still over a year away. We could go off the rails and mess that up. Let's try not to up that mess.
If things get better, great. The building will be ours if we don't up mess.
If things get worse, the membership and or the board can make adjustments.
The much asked for [Savings Requirement] is back, with some new words.

Area Budgets

I told you to get out.

Results

Date of Vote - December please.
Quorum: bunches
For:
Against:
Abstain: