Bylaws Amendment 2: Single Expenditures - Revision history

ITechGeek at 20:34, 3 April 2012

2012-04-03T20:34:26Z

← Older revision	Revision as of 20:34, 3 April 2012
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		[[Category:Obsolete]]

192.12.209.218: Removing all content from page

2008-08-07T18:09:20Z

Removing all content from page

← Older revision		Revision as of 18:09, 7 August 2008
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	~~== Summary ==~~
	Currently, it is agreed that single expenditures under $500 do not need approval. Single expenditures are important to the operation of HacDC and its Events and Projects. However, multiple single-expenditures that are really outlays for a particular Event or Project, form a defacto ad-hoc budget. These de-facto ad-hoc budgets can become quite large and Membership only can only know how large, after the fact. Ad-hoc defacto budgets can easily consume most of the HacDC funds and push-back other Events or Projects that require real budgets. Real budgets are burdened by approval whereas ad-hoc defacto budgets do not require approval, even though they can theoretically spend as much funds as a real budget.



	~~== Potential Solutions ==~~

	* Lower the limit of single expenditures to $100 and record the expenditures in the weekley finance report and require pre-approval for reimbursements over $100
	** Pros:
	*** HacDC members are able to execute single expenditures
	*** Any quickly organized Event/Project that attempts to use multiple single-expenditures as a defacto ad-hoc budget would be limited from doing so.
	*** HacDC members would be informed at least once a week as to what single expenditures have been executed
	*** Depletion of HacDC funds by defacto ad-hoc budgets would be limited
	*** Single Expenditures would be limited in purpose for providing one-shot low cost resources (food, soda, etc) for Events and Projects
	** Cons:
	*** Quickly organized events would require the organizers to get approval from HacDC membership for funding beyond single expenditures
	*** Quickly organized space building/storage infrastructure improvements would require the organizers to get approval from HacDC membership for funding beyond single expenditures
	*** Quickly organized Projects over $100 in total costs would require the organizer to get approval from HacDC membership for funding beyond single expenditures
	*** Quickly organized projects that may require reimbursements to be implemented would require the organizers to get approval from HacDC membership.

	~~== PROPOSAL ==~~

	~~The following Amendment Proposal Petition is submitted for discussion:~~

	~~Amend Article VII of the Bylaws of HacDC to read:~~

	~~Section 1: Single Expenditures and Reimbursements~~

	Single Expenditures under $100 do not require approval, however must be recorded by the Minster of Finance in the weekly Finance Report as a line item that shows the day, amount, and purpose of the expenditure.

	~~Reimbursements over $100 require pre-approval by quorum of the voting membership.~~

192.12.209.218: /* Potential Solutions */

2008-08-07T17:40:42Z

Potential Solutions

← Older revision		Revision as of 17:40, 7 August 2008
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	*** Single Expenditures would be limited in purpose for providing one-shot low cost resources (food, soda, etc) for Events and Projects		*** Single Expenditures would be limited in purpose for providing one-shot low cost resources (food, soda, etc) for Events and Projects
	** Cons:		** Cons:
	*** Quickly organized events would require the organizers to get approval from HacDC membership		*** Quickly organized events would require the organizers to get approval from HacDC membership for funding beyond single expenditures
	*** Quickly organized space building/storage infrastructure improvements would require the organizers to get approval from HacDC membership		*** Quickly organized space building/storage infrastructure improvements would require the organizers to get approval from HacDC membership for funding beyond single expenditures
	*** Quickly organized Projects over $100 in total costs would require the organizer to get approval from HacDC membership		*** Quickly organized Projects over $100 in total costs would require the organizer to get approval from HacDC membership for funding beyond single expenditures
	*** Quickly organized projects that may require reimbursements to be implemented would require the organizers to get approval from HacDC membership		*** Quickly organized projects that may require reimbursements to be implemented would require the organizers to get approval from HacDC membership.

	== PROPOSAL ==		== PROPOSAL ==

192.12.209.218: New page: == Summary == Currently, it is agreed that single expenditures under $500 do not need approval. Single expenditures are important to the operation of HacDC and its Events and Projects. Ho...

2008-08-07T17:23:24Z

New page: == Summary == Currently, it is agreed that single expenditures under $500 do not need approval. Single expenditures are important to the operation of HacDC and its Events and Projects. Ho...

New page

== Summary ==
Currently, it is agreed that single expenditures under $500 do not need approval. Single expenditures are important to the operation of HacDC and its Events and Projects. However, multiple single-expenditures that are really outlays for a particular Event or Project, form a defacto ad-hoc budget. These de-facto ad-hoc budgets can become quite large and Membership only can only know how large, after the fact. Ad-hoc defacto budgets can easily consume most of the HacDC funds and push-back other Events or Projects that require real budgets. Real budgets are burdened by approval whereas ad-hoc defacto budgets do not require approval, even though they can theoretically spend as much funds as a real budget.

== Potential Solutions ==

* Lower the limit of single expenditures to $100 and record the expenditures in the weekley finance report and require pre-approval for reimbursements over $100
** Pros:
*** HacDC members are able to execute single expenditures
*** Any quickly organized Event/Project that attempts to use multiple single-expenditures as a defacto ad-hoc budget would be limited from doing so.
*** HacDC members would be informed at least once a week as to what single expenditures have been executed
*** Depletion of HacDC funds by defacto ad-hoc budgets would be limited
*** Single Expenditures would be limited in purpose for providing one-shot low cost resources (food, soda, etc) for Events and Projects
** Cons:
*** Quickly organized events would require the organizers to get approval from HacDC membership
*** Quickly organized space building/storage infrastructure improvements would require the organizers to get approval from HacDC membership
*** Quickly organized Projects over $100 in total costs would require the organizer to get approval from HacDC membership
*** Quickly organized projects that may require reimbursements to be implemented would require the organizers to get approval from HacDC membership

== PROPOSAL ==

The following Amendment Proposal Petition is submitted for discussion:

Amend Article VII of the Bylaws of HacDC to read:

Section 1: Single Expenditures and Reimbursements

Single Expenditures under $100 do not require approval, however must be recorded by the Minster of Finance in the weekly Finance Report as a line item that shows the day, amount, and purpose of the expenditure.

Reimbursements over $100 require pre-approval by quorum of the voting membership.