[Board] Re: [OSGeo Finance] Finance update

[Seven (aka Arnulf)]

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On 17.11.2011 05:21, Daniel Morissette wrote:
> Hello Finance Committee,
> 
> A quick update for you:
> 
> I finally got access to the bank accounts yesterday (getting through
> that has been quite an exercise), and am getting up to speed with our
> accounting system and state of the finances.
> 
> For the short term, I have produced a quick cashflow snapshot for the
> month of November based on the information I have so far:
> 
> https://docs.google.com/spreadsheet/ccc?key=0Av9Xf1ehZXz-dDB3VVhGUm5kdmdMZFJBdHUxME5OZnc
> 
> 
> This means 12-13k$ in bank after our last payments to Tyler at the end
> of this month. However at that point we are effectively spending the
> project reserved funds, so we'll need to keep that in mind and make up
> for this ASAP (details to come later).
> 
> Expected income in the foreseeable future will be:
> - Income from FOSS4G Denver (I'm in touch with them, no known amount or
> ETA yet)
> - Money from GSoC which is about to be invoiced (500$ per project x 21
> projects, also note that this invoice will also include some $$ for
> reimbursement of expenses for the OSGeo reps at the GSoC mentor summit,
> but that doesn't contribute to our balance.)
> - By the end of the year I'll also need to send a round of sponsorship
> renewal invoices, but don't expect to see that money until the new year.
> 
> More info to come in the next week or so...

Somehow this is a lot less than what I thought we had left! A lot less.
I am glad that we will have regular updates on our status now. Thanks
for taking on this rather thankless job, Daniel!

Cheers,
Arnulf.

- -- 
Exploring Space, Time and Mind
http://arnulf.us
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