Changes

Budget

201 bytes removed, 01:30, 2 May 2023
Move to permanent budget
As with Unlike most organizations of its size, which control their finances with an adopted annual budget, The Augustan Society, Inc., normally controls it's finances using an adopted annual '''has instead a "permanent" [[Budget''' approved by ]] that rolls over from year to year, with amendments being made occasionally as the [[Board]]sees fit. The various [[Sub-Groups]] normally establish their own Budgets, with confirmation from the Board.
The Board has not always adopted This process acts as a complete Budgetbrake on innovation and new programs, but the Board and several years recent [[Treasurer|Treasurers]] do not have seen the prior year's budget adopted without change or consideration inclination to do the hard work of changebudgeting each year. One hopes that a new [[Board or Treasurer]] will develop and post here a procedure and structure along with the next Budget developedresume this important work.
It has also developed that reporting to various governmental and private agencies require us to express our Budget in a different format, and worse, our Budget and Accounts are not in the same format. It may prove would be prudent to adapt our Budget and align these three tables of accounts design , necessarily deferring to reflect these external requirements as the governmental standard, provided this may can be easier than generating an alternate version on each occasion. Current plans are done without damage to use the results elements of the 501c3 status repair our present system found helpful. Work on this task has not yet begun, and doesn't appear likely to define a suitable formatdo.
In developing a an annual Budget, the Treasurer is would be expected to work with:
* [[Headquarters Staff]]
These may be gathered into the [[Finance Committee]], with the [[President]] and [[Headquarters Staff]] added as ex officio members, or the Treasurer may consult them individually, at his pleasure.
 
The schedule for the Budget is for the Treasurer to present a Budget proposal for the following year not later than the Board meeting following the [[Annual Meeting]], as his last act in office for the year. This provides ample time for an incoming Treasurer to consider and possibly amend the proposal before Board approval before the calendar year-end.
 
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