[Board] 2016 budget discussion (due 12 Feb) (Jody Garnett)

[Dirk Frigne]

Steven,

I know, but this is money that we should keep in 'reserve'. in my
opinion, this does not fit in an operational budget, but in a loan:
money you give away, and that you receive back after the event.

The budget we set is 'operational'. Money we need for the operational
business, and money we want to 'invest' in certain activities. Hoping
there will be a return, but with a certain risk margin.

Correct me if I am wrong.

Dirk

On 11-02-16 22:30, Steven Feldman wrote:
> May I remind the board that we also have a commitment to provide seed
> funding to each year’s FOSS4G (potentially up to 2 x $50k). In most
> years this will be returned with a profit but we need to reserve funds
> to cover a ‘double whammy'
> ______
> Steven
> 
> 
>> On 11 Feb 2016, at 16:37, board-request at lists.osgeo.org
>> <mailto:board-request at lists.osgeo.org> wrote:
>>
>> *From: *Jody Garnett <jody.garnett at gmail.com
>> <mailto:jody.garnett at gmail.com>>
>> *Subject: **Re: [Board] 2016 budget discussion (due 12 Feb)*
>> *Date: *11 February 2016 at 15:49:24 GMT
>> *To: *"board at lists.osgeo.org <mailto:board at lists.osgeo.org>"
>> <board at lists.osgeo.org <mailto:board at lists.osgeo.org>>
>>
>>
>> Q: I am not sure I understand the "extra" information in braces?
>>
>> Meeting discussion hit on a couple points
>>
>>   * trouble matching budget up with strategic plan direction (an
>>     example is wondering if outreach or SAC budget is used for website
>>     initiatives?)
>>   * seeking "more detail" of the above line items
>>
>> Putting out one idea that may or may not help - make an additional
>> line item (balance with SAC, Outreach, Events):
>> 7. Board Initiatives	10.000,00	5000	5000 (4500)
>>
>> While I mentioned website initiatives the strategic plan may surface
>> other priorities.
>>
>> --
>> Jody Garnett
>>
>> On 11 February 2016 at 06:57, Jody Garnett <jody.garnett at gmail.com
>> <mailto:jody.garnett at gmail.com>> wrote:
>>
>>     Thanks to Dirk for prepping the budget shown here
>>     (https://wiki.osgeo.org/wiki/Board_Meeting_2016-2-11#Proposed_Budget).
>>
>>     For the record the draft discussed in the meeting is below:
>>
>>     Proposed Budget from 11/2/2016
>>     Board meeting 11/2/2016	Amount	Jan–August	Sept–dec (extra)
>>     1. Admin	9.000,00	6000	3000 (4500)
>>     2. Insurance	3.200,00	2133	1067 (0)
>>     3. SAC	7.800,00	7133	667 (5800)
>>     4. Outreach	15.000	12500	2500 (13000)
>>     5. Travel	15.000	7500	7500 (11000)
>>     6. Events	25.000	5666	19334 (16000)
>>     Total	75.000	40.933	34.067 (50.300)
>>
>>     We have taken an action to finalize this proposal by Feb 12.
>>
>>     --
>>     Jody Garnett
>>
>>
> 
> 
> 
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-- 
Yours sincerely,


ir. Dirk Frigne
CEO @geosparc

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