[OSGeo Finance] Finance Report

[Dave McIlhagga]

Hi Tyler,

I've been through the documentation - the one thing I'm not clear on  
is our cash vs income situation. I'm not certain -- but it seems like  
these numbers reflect the cash side rather than income? For instance  
-- there is significant income from project sponsors (for GDAL) but no  
indication of a liability for future contracting that OSGeo is on the  
hook for. There may be other examples like this that I'm not aware of.

Could you provide some clarity on this? Although cashflow management  
is important -- for a clear view of health and sustainability of the  
organization (especially in an annual report), it's critical that our  
income statement and balance sheet be accurate.

Thanks,
Dave




On 8-Jul-08, at 10:48 PM, Tyler Mitchell (OSGeo) wrote:

> On 27-Jun-08, at 7:01 AM, Dave McIlhagga wrote:
>
>> In the meantime -- I will give the detailed information a review,  
>> and would ask other interested committee members to do the same. If  
>> possible I would ask that we have any questions about 2007  
>> financials from the committee posted through this mailing list by  
>> next Thursday. Given the Canadian and US holidays next week --  
>> that's probably going to be pretty tight as it is.
>>
>> We could then look to vote on a recommendation to the board  
>> concerning the financials early the week following.
>
> Any more thoughts or feedback?  If we have a board meeting this week  
> it would be nice to have the financials recommendation put forward.