Resolution 2004-10-28.dbg.1: Treasurer's Budget

October 28th, 2004

This resolution was adopted by the Board of Directors of SPI at their meeting of November 9, 2004.

  1. WHEREAS the Treasurer may require an allocation of money with which to perform his duties;

The Board of Directors hereby resolves that:

  1. The Treasurer shall be allocated a budget not to exceed $100 per month to perform his duties;

  2. 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;

  3. The Treasurer may choose to reimburse other people for expenses incurred in assisting the Treasurer in his duties;

  4. The Treasurer shall be under no obligation to spend this money;

  5. Unspent monies from one month shall not carry over to the next month;

  6. 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;

  7. This budget takes effect on the date of the passage of this resolution and is effective for one year.

  8. 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.