Board Minutes March 2024: Difference between revisions
Jump to navigation
Jump to search
no edit summary
No edit summary |
No edit summary |
||
| Line 32: | Line 32: | ||
=== Treasurer's Report === | === Treasurer's Report === | ||
$21,700 surplus in January, thanks to donations, which are now at $48k on the year (already $15k over target for the year). Salary/wages now down $3k per 2 weeks with Greg gone, now at ~$7300 (will go up slightly). Operating acct balance $30k (pending an upcoming payroll, and that includes $ from the winter bike tire program). We owe $6k to Bergeron and $7k to CRA-- repayment is planned. Casino acct is at $50k. Will soon be paying $8300/mo out of casino acct (with the expanded spaces on north side). He will make sure AGLC is ok with board member Matt receiving our sublease payments on the storage space. He's also going to try to start making utility payments out of the casino acct. Loan repayment ~$550/month to board member Adam will start in May. He's letting the Mastercard run some balance for the time being. | $21,700 surplus in January, thanks to donations, which are now at $48k on the year (already $15k over target for the year). Salary/wages now down $3k per 2 weeks with Greg gone, now at ~$7300 (will go up slightly). Operating acct balance $30k (pending an upcoming payroll, and that includes $ from the winter bike tire program). We owe $6k to Bergeron and $7k to CRA-- repayment is planned. Casino acct is at $50k. Will soon be paying $8300/mo out of casino acct (with the expanded spaces on north side). He will make sure AGLC is ok with board member Matt receiving our sublease payments on the storage space. He's also going to try to start making utility payments out of the casino acct. Loan repayment ~$550/month to board member Adam will start in May. He's letting the Mastercard run some balance for the time being. We are still waiting for matching $5k from the AB govt crowd-funding platform. | ||
Marcel went over the comparative statement prepared by book-keeper Robin. | Marcel went over the comparative statement prepared by book-keeper Robin. | ||
=== Finance Committee Report === | === Finance Committee Report === | ||
None today. | |||
=== Bargaining Committee Update === | |||
They've met with Denise, and have more meetings scheduled. They are asking CUPE to restart negotiations. | |||
== Approval of Agenda, Minutes, Reports (5 min) == | == Approval of Agenda, Minutes, Reports (5 min) == | ||
{{Motion | {{Motion | ||
|motion=To approve this March agenda, the February 2024 [https://apps.bikeedmonton.ca/w/Board_Minutes_February_2024], and reports as presented | |motion=To approve this March agenda, the February 2024 [https://apps.bikeedmonton.ca/w/Board_Minutes_February_2024], and reports as presented | ||
|first= | |first= Keith | ||
|second= | |second= Sarah | ||
|yes= | |yes= | ||
|no= | |no= none | ||
|abstain= | |abstain= none | ||
|result= | |result=pass | ||
}} | }} | ||
| Line 59: | Line 63: | ||
=== South Shop === | === South Shop === | ||
* February 15 conditions cleared, still conditions for March 15 | * February 15 conditions cleared, still conditions for March 15. Looks like it will go forward, meaning the South shop will close in about 6 weeks. They will message this news to members once the landlord formally gives us notice. Coreen says shop managers are working on moving plans and will make their asks of Board, volunteers, and members when the time comes. There will not be a blowout sale, high-value items will be moved North, some items donated to Bike Library on campus, some culling. | ||
=== Downtown Shop Annex and Storage === | === Downtown Shop Annex and Storage === | ||
* Entered into new lease with Macewan with extra space | * Entered into new lease with Macewan with extra space, access as of March 7th, hopefully the rent increases formally April 1st. | ||
* Agreement expected this week for storage space | * Agreement expected this week for storage space. | ||
=== Finance Audit === | === Finance Audit === | ||
* Email invitation nearly ready | * Email invitation nearly ready, offering members a chance to be part of the audit. Marcel will ask Chris how to do that. | ||
* Audit plan prepared, does timeline need to be revised? | * Audit plan prepared, does timeline need to be revised? Naz's projected timeline was to be done end of March. So ... yes. | ||
=== CIOG Grant === | === CIOG Grant === | ||
* Marcel is working on it. Background: it's an ideal grant to get, as it's for operating $, with less strings attached. Should be for helping marginalized communities. One challenge is that we did not file a report for the last time we got it in 2022 (which was justified because at that time you didn't file that report until you applied the next year), but Marcel sent that in last week, and received acknowledgement from a City employee Lise at it seems to meet the requirements. Marcel got help from previous employee Molly in making sure his information was accurate. He's now working on the new application, which is due next Wednesday. Molly was not optimistic we would get funding this year, but feels it's important to submit, at least to "put our foot in the door for next year." (Alex mentions that Chris feels we have a decent change of getting the grant). | |||
=== OSBA Window Repair Grant === | === OSBA Window Repair Grant === | ||