2019 AGM: Difference between revisions
→New Business
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== New Business == | == New Business == | ||
* | *Budget 2017-8 (5 min, 14:27-14:31) - Mike S. | ||
**See appended Budget package | |||
**Proposing a balanced budget for the 2019-20 fiscal year | |||
***Based on expectations for increased shop sales coupled with increased operating costs to be incurred by hiring a second bike mechanic. ***Overall, our expectations should have us meeting a balanced budget | |||
**Question from the audience | |||
***Ron stated that he noticed we are anticipating lower revenues from grant funding and asked why this was? | |||
****Chris replied that we received several one-time-only grants in the 2018-19 fiscal year and that we are trying to be very conservative with our budget to leave room for any unexpecteds | |||
**Nancy mentioned that we posted a net gain of $7,200 for the 2018-19 fiscal year and she wanted to extend a special thank you the Bike Edmonton staff for all their hard work in making that possible and exceeding the board’s expectations, especially knowing how challenging it was | |||
{{Motion | {{Motion | ||