[OSGeo Finance] Re: Motion: Approve Q1/Q2 reports

[Frank Warmerdam]

Frank Warmerdam wrote:
>    Promotion & Visibility 	
>       Event Sponsorship 	43,221.31

Folks,

In Q2 an advance 42,930.00 (60K AUD) was booked in the Promotion and
Visibility: Event account.  This does not seem appropriate to me since it
is just an advance to the conference organization and we get it back at the
end of the year.

However, I must admit I'm not sure how it ought to be booked.  I would
think it should not show up as an income/expense item, but should show up
in the balance sheet as that amount of money on deposit with the FOSS4G 2009
organizers, similar to if we had moved it around between our own bank
accounts.

In light of this, I'm recending my previous +1 vote on the reports
till this is settled.  I think we may have to just offer tentative
reports to the board for budgeting purposes without getting anything
approved at this months meeting.  Or perhaps we could proceed with Q1
and hold Q2.

Best regards,
-- 
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