Board Minutes February 2012: Difference between revisions
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=== Treasurer's Report === | === Treasurer's Report === | ||
Working through the financial statements, and producing forecasts including the new North shop has revealed a picture of financial strength that I wasn't expecting. We're performing as expected on the Revenue side of the equation, and our expenses are below expected. Of note is that we haven't ordered new parts for a while, so will probably have to restock at some point, probably spending around $4,000 to do that. Our food budget remains very high this year, as Bike building nights are spending about $10 more per week than budgeted, and several events (AGM, Board Retreat, and Board Development Workshop) have been professionally catered. | Working through the financial statements, and producing forecasts including the new North shop has revealed a picture of financial strength that I wasn't expecting. We're performing as expected on the Revenue side of the equation, and our expenses are below expected. Of note is that we haven't ordered new parts for a while, so will probably have to restock at some point, probably spending around $4,000 to do that. Our food budget remains very high this year, as Bike building nights are spending about $10 more per week than budgeted, and several events (AGM, Board Retreat, and Board Development Workshop) have been professionally catered. | ||
James inquiry: $70-85 for phone & int service, for Bikeworks North? | |||
Neil suggests that we cut back on catered lunches (ie: watching out pennies...) | |||
Matt Halton was planning a SPOKE Fundraiser, Was there a possibility that bikeworks north could be used for such an event? All told: more detail about his plans & date are needed. | |||
Anna: not without huge* liability issues... not appropriate for a public event... yet. | |||
There is no washroom, and the 2nd floor cannot be accessed (there is no railing on the stairway, currently.) It's far too soon (in amongst renovations) to have such an event. | |||
Alerntaive location, is needed, or a later date preferred, in order to promoate SPOKE & bikeworks north | |||
*[[media:January_2012_Financial_Report.xls|January 2012 Statements]] | *[[media:January_2012_Financial_Report.xls|January 2012 Statements]] | ||