Board Minutes Special Budget Meeting September 2024: Difference between revisions

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== Budget Discussion ==
== Budget Discussion ==


*
Review of scenarios:
 
1. Almost-balanced budget, keeping staffing costs the same.
2. Same as #1, with 10% increased staffing costs and a $13,000 shortfall.
3. Reducing staffing costs by 20%, revenue by 10%.
4. Update to #2 with increased revenue estimates per Coreen, resulting in $4-6k shortfall.
5. No bike builders, reducing new bike sales by 95%, creating quite a shortfall.
 
Initial poll:
1. Derek
2. no one
3. Sarah, Keith, Matt, Heather
4. Adam, Marcel, Colin
5. no one
 
Derek was put on the spot to choose, and 3 vs 4, preferred #3.
 
Another vote was held on whether to accept this result.
 
 


{{Motion
{{Motion
   |motion=
   |motion= To accept budget scenario #3.
   |first=
   |first= Keith
   |second=
   |second= Matt
   |yes=
   |yes= Sarah, Keith, Matt, Heather, Derek
   |no=
   |no= Colin, Adam, Marcel
   |abstain=
   |abstain=
   |result=
   |result= Passed
}}
}}


Revision as of 01:24, 16 September 2024

Editing Board Agenda Template These minutes are not yet approved. They are scheduled for review and approval at the upcoming board meeting.

  • Location: Google Meet
  • Start Time: 7pm


Attendance

  • Meeting Chair: Keith
  • Minute-taker: Adam
  • Board attendance: Marcel, Keith, Adam, Colin, Heather, Sarah, Matt, Derek
  • Staff attendance: Coreen, Vaughan
  • Regrets:
  • Absent:
  • Guests:

Call to Order

  • Meeting called to order by at pm.


Approval of Agenda

MOTION
To approve this agenda.
Moved:
Seconded:
Aye No Abstain
Expression error: Unexpected < operator.


Budget Discussion

Review of scenarios:

1. Almost-balanced budget, keeping staffing costs the same. 2. Same as #1, with 10% increased staffing costs and a $13,000 shortfall. 3. Reducing staffing costs by 20%, revenue by 10%. 4. Update to #2 with increased revenue estimates per Coreen, resulting in $4-6k shortfall. 5. No bike builders, reducing new bike sales by 95%, creating quite a shortfall.

Initial poll: 1. Derek 2. no one 3. Sarah, Keith, Matt, Heather 4. Adam, Marcel, Colin 5. no one

Derek was put on the spot to choose, and 3 vs 4, preferred #3.

Another vote was held on whether to accept this result.


MOTION
To accept budget scenario #3.
Moved: Keith
Seconded: Matt
Aye No Abstain
Sarah, Keith, Matt, Heather, Derek Colin, Adam, Marcel
Passed
  • Action Items: name will ____ by (date).
MOTION
Moved:
Seconded:
Aye No Abstain
Expression error: Unexpected < operator.
  • Action Items: name will ____ by (date).

In Camera Session

MOTION
To move in camera.
Moved:
Seconded:
Aye No Abstain
Expression error: Unexpected < operator.


MOTION
To move out of camera] discussion.
Moved:
Seconded:
Aye No Abstain
Expression error: Unexpected < operator.


Adjournment

MOTION
To adjourn the meeting at __pm.
Moved:
Seconded:
Aye No Abstain
Expression error: Unexpected < operator.
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