[OSGeo Finance] Reports approved

[Tyler Mitchell (OSGeo)]

+1 on adopting the 2006 and 2007 reports, as laid out here:
http://www.osgeo.org/files/finance/reports.html

Note that today I had moved one GDAL Project payment from 2008 to  
2007 - so that expense line (Contract Labor -> Project -> GDAL)  
increased to $12,551.  This was the only change since the questions  
from last week.

I'm now free and clear to get the Annual Report out the door, using  
the page from:
http://www.osgeo.org/files/finance/reports-2007/ 
financial_report_2007.pdf

Thanks for moving this along!

Tyler

On 12-Aug-08, at 7:29 AM, Ken Tamura wrote:

> +1
>
>
> Best regards,
>
> Ken Tamura
> Geospatial Solutions
> 415-507-8313  work
> 415-299-1704  cell
>
> ----- Original Message -----
> From: finance-bounces at lists.osgeo.org <finance- 
> bounces at lists.osgeo.org>
> To: Dave McIlhagga (External)
> Cc: Finance List <finance at lists.osgeo.org>
> Sent: Tue Aug 12 07:28:22 2008
> Subject: Re: [OSGeo Finance] New Treasurer
>
> +1 Paul
>
> On Tue, Aug 12, 2008 at 6:48 AM, Dave McIlhagga
> <dmcilhagga at dmsolutions.ca> wrote:
>> Hi Frank
>>
>> re. getting 2007 formally approved -- I really don't want to hold  
>> things up
>> any longer if we can help it. What we have is accurate to the best  
>> of our
>> knowledge -- and although I'm not entirely certain what the best  
>> way would
>> be to handle the GDAL situation -- I think the class breakdown at  
>> least
>> identifies it. I would urge us to find a way to more clearly  
>> identify funds
>> that are specifically available for projects vs. general funds  
>> through our
>> financials for future year however.
>>
>> On that note -- I'd like to motion that we approve the 2007  
>> financials as
>> is.
>>
>> +1 from Dave
>>
>>
>>
>>
>>
>> On 8-Aug-08, at 12:48 PM, Frank Warmerdam wrote:
>>
>>> Folks,
>>>
>>> I was made OSGeo treasurer today by the board.
>>>
>>> Dave - I am very pleased that you have agreed to stay on the finance
>>> committee!
>>> I appreciate your efforts as Treasurer, and your continued input.
>>>
>>> This makes our current membership:
>>>
>>>   * Frank Warmerdam (Treasurer)
>>>   * Dave McIlhagga
>>>   * Jo Walsh
>>>   * Paul Ramsey
>>>   * Ken Tamura
>>>   * Tyler Mitchell
>>>
>>> The board accepted the current financial report pending a final  
>>> formal
>>> acceptance of it by the finance committee (with no substantial  
>>> changes
>>> from
>>> what is currently posted).
>>>
>>> Dave - perhaps you could make a motion to adopt the current  
>>> report, or
>>> work with Tyler to incorporate any last changes and then make a  
>>> motion?
>>>
>>> For upcoming work there are a few things I'd like to address:
>>>
>>> 1) Working out what our tax submission situation is.  My  
>>> understanding is
>>>  that we have some time when launching a new corporation before  
>>> we have
>>>  to start making tax filings, but I'm assuming we must soon be  
>>> due to
>>>  start filing.  Have we made any previous tax filings?  Can  
>>> anyone comment
>>>  on when we need to file by?  Are we planning to prepare filings all
>>>  by ourselves or would we retain some help to prepare filings?
>>>
>>>  Depending on what resources we have internally, I'd be inclined  
>>> to get
>>>  some outside support for our first filings, and *hopefully* we  
>>> could then
>>>  file ourselves using the first filing as a template.
>>>
>>> 2) I would like to prepare some income projections, and "fixed  
>>> expenses"
>>>  before FOSS4G so that the board has some idea of our financial
>>> parameters.
>>>  I'm assuming they will give some broad stroke direction for a 2009
>>> budget,
>>>  and then we will prepare a more detailed budget for final  
>>> approval by the
>>>  board before the end of the year.
>>>
>>> 3) I think there is room for some iterative improvement in how we  
>>> do our
>>>  bookkeeping and produce quarterly and annual reports for the board.
>>>
>>> 4) I'd like to document our financial procedures.  How things get
>>> approved.
>>>  What sort of review happens for spending items.  Who has access  
>>> to what.
>>>
>>> I'm interested in feedback from the rest of you on other things  
>>> you think
>>> we
>>> need to address in the coming months and/or items anyone here  
>>> might like
>>> to
>>> take a lead on.
>>>
>>> Best regards,
>>> --
>>>
>>>