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2004-10-28.dbg.1
Treasurer's Budget
October 28th, 2004
The following resolution was adopted by the Board of Directors of SPI during its meeting on November 9th, 2004.
- WHEREAS the Treasurer may require an allocation of money with which to perform his duties;
The Board of Directors hereby resolves that:
- The Treasurer shall be allocated a budget not to exceed $100 per month to perform his duties;
- All money spent by the Treasurer is counted against this budget in the month in which it is spent, regardless of when it is reimbursed to the Treasurer;
- The Treasurer may choose to reimburse other people for expenses incurred in assisting the Treasurer in his duties;
- The Treasurer shall be under no obligation to spend this money;
- Unspent monies from one month shall not carry over to the next month;
- Money spent under the terms of this budget may only be spent in such a way as to assist the Treasurer in his duties as the Treasurer;
- This budget takes effect on the date of the passage of this resolution and is effective for one year.
- This budget may be renewed by the board of directors annually, if a report on the previous year's expenditures and reimbursements has been presented and is to the satisfaction of the Board.