Board Minutes October 2018: Difference between revisions
→Budget - Ali & Geoff (45 min)
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* Personal donations were significantly less than we expected. | * Personal donations were significantly less than we expected. | ||
* Rentals were minimal last year; can adjust the budget to 0%. | * Rentals were minimal last year; can adjust the budget to 0%. | ||
* Shop fees revenue projected to increase | |||
* Budgeting for potential break-ins | |||
* Advertising and promotions; reduced this year since rebranding has been done | |||
* Publication costs increased for rebranding costs | |||
* Employee and volunteer appreciation shouldn't have such a big reduction. Appreciation of volunteers is crucial for running of the organization. | |||
* Discussion | * Discussion | ||
** We budgeted quite a bit for art and merchandise and didn't sell that much. Last year's budget numbers had a less clear origin. | ** We budgeted quite a bit for art and merchandise and didn't sell that much. Last year's budget numbers had a less clear origin. | ||
** | ** Are these numbers taking into account the BWN renovations? Yes, they are; some of the revenue will go up given the renovations. Increase new parts revenue and ability to stock more bikes. | ||
=== Schedule a time to meet with your committees - ALL BOARD (10 min) === | === Schedule a time to meet with your committees - ALL BOARD (10 min) === | ||