[Businessmtg] Prudent Reserve / Excess Funds

[Jerry]

Biz-Pals,

As mentioned, figuring out a number is just a matter of math. Trouble is we don't know all the numbers to tally up a total. Chances are it'll be quite a while before hard numbers are available. The Area has to be set up, any Districts have to be determined, then our District (if) has to organize, and all the other things Steve has mentioned. Budgets for all have to be worked out before we even know the full tab.

Then there's the "problem" of getting a hand on what's our appropriate "share" of those expenses. Last I knew we were one of the few electronic meetings (EM's) which was fully self supporting, covering all costs of our operations ourselves. I'd like to think that the new service entities would set their budgets based only on contributions received. Experience tells me otherwise, but you never know. It'll be interesting to see how many EM's step up.

I agree that setting percentages of any excess funds is the easiest way to go, though the breakdown will depend on how many entities we end up with. Groups around here have four:
~ WSO            20%
~ AREA            20%
~ Local Information Services   30%
~ DISTRICT.    30%

Right now ASP has a Group Conscience to withhold ALL donations until all of the above gets worked out. Stopping all WSO donations until then is not being self supporting.

Clearly we could set a WSO donation percentage of any excess funds now and send that out quarterly as we have in the past while holding the balance of each quarter's excesses in a separate account for later when we know how this whole thing plays out.

Service hugs,
Jerry
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