Budget Creation

Committee Composition: ideally comprised of 2 Directors, 2 Officers, 2 Stewards, and 2 Members.

The budget committee uses data and ideas formatted as a tabletop game to posit, debate and vet ideas regarding spending and ultimately craft the 2017-2018 Fiscal Year Budget. This is approximately a 12-hour commitment over the course of the month of June.

Previous Years

2016-2017 fiscal year

This will be the second time that AMT has done granular budgeting.

”’2016-2017 Addendum proposal to budget – Put before the board in August 2016 by Crafty”’

After talking to various members, stewards and officers I would like to propose we take 15k (raised through dues increases and developing new revenue streams) and stipend officers for this fiscal year. The 15k would be split by percentage for each officer based on idealized hours per month. As it currently stands the idealized hours per month are:
President: 15 hours per week/60 hours per month/64%/$800
Treasurer: 5.5 hours per week/22 hours per month/24%/$278.5
Secretary: 3 hours per week/12 hours per month/13%/$162.5
In the idealized version that is 13.30 per hour or slightly above minimum wage.
I propose that any officer be eligible for the stipend after 3 months in office and a successful review.
I looked it up in the current by-laws (Article 8, Section 5) and as I read it what it requires is board approval.
I have done the research on taxing the stipends, liability for AMT and the accounting required to go with it.
Basically, we hire service, give the information on each person, and fill out some forms we keep on file.

2015-2016 fiscal year

This will be the second time that AMT has done granular budgeting.