Re-posting budget for vote. This version has additional money allocated to Hackfests, as suggested by Tav.
--- A majority vote of the current board members is required for approving this budget.
Proposal: ---------
Allocate budget for FY2018 (03/2018 - 03/2019) following past budgets, including allocations to funding pools for hackfest sponsorships, development funding, and Vectors team marketing outreach as before.
| | FY2017 | FY2017 | FY2017 | FY2018 | Total | | Funding Pool | Balance | Income | Expenses | Allocation | Pool | | ------------ | ------- | ------- | -------- | ---------- | ---------- | | + Hackfests | $15722 | $732.45 | $2,986.85 | +$8000 | $21467.60 | | + SVG WG | $2010 | $416.11 | $0 | +$0 | $2426.11 | | + GSoC Travel | | | | | $0 | | + Vectors | $100 | $0 | $0 | +$100 | $200 | | + Projects | $4500 | | $750 | +$2250 | $6000 | | + Conferences | $1000 | | | +$1000 | $2000 | | General Fund | $18414 | | $1661.95 | | $45732.29 |
[ ] a. Adopt budget as shown above [ ] b. Revise budget with the following changes recommended: _____________________________________________________ _____________________________________________________ [ ] c. Do not establish a budget for this year
Background: -----------
During FY2017 our total assets rose from $41,746 to $74,826, thanks to generous donors and sponsors small and large who provided Inkscape with $37,728.90 in income. Our expenses in FY2017 were lower than in past years, amounting to $4,648.80.
Our last hackfest came in well under budget. We are looking at doing two hackfests this year and expect about half a dozen sponsorships; we are offering sponsorships totalling $10,000 but expect the actual expenses to be smaller.
The new Vectors team is very active and will be attending SCALE and other events. They are planning use of their budget for printing of handouts and signage for technical events. This budget increases their funding pool another $100. The board will continue to review and approve expenditures as normal.
FY2017 saw our first funded development work. We hope to expand this program in 2018 with more projects funded.
We added a new fund last year to help cover travel costs to non-hackfest conferences and other technical events. While this was not utilized last year, we'll continue adding funds to it in hope it will be of value going forward.
Votes: ------
| Board Member | 1. | | -------------------- |:--:| | Bryce Harrington | a. | | Josh Andler | | | Tavmjong Bah | | | Ted Gould | | | Martin Owens | | | Marc Jeanmougin | | | Chris Rogers | |
Resolution: -----------