2021 Budget Vote

History

Dec 15 2020 - Vote announced on the mailing list
Dec 19 2020 - Language locked in.
Dec 29 2020 - Vote of the membership on this budget.

Background

PS1 brings in over 200k per year. Some of that money has to be spent on things such as rent and electricity (I assume per the bylaws) and some of it the membership gets to decide how to spend it. The part that the membership controls could be done via 10's or 100's of individual votes throughout the year, but there is something to be said for having one big vote at the beginning of the year, and that is what this is all about. There does not have to be any money allocated for additional votes, and as the organizations financial position changes we will have more or less money to work with.

The budget spreadsheet is to help predict, but not define how money will be saved or spent. Only what is in the language of this vote does.

Aims

This budget is designed with the following goals:

Make sure there is savings set aside for 10 full months of operating expenses.
Set aside funds for other emergency expenses such as health and safety, building maintenance/improvements/code compliance, and city occupancy.
Authorize the Board to spend money on normal administrative expenses not already authorized by the bylaws.
Predict expenditures based on a conservative membership model that shows 0% growth based on January 2021 membership and income calculations.

Additional Notes

For additional documentation and calculations please see the 2021 PS:One Fiscal Year Budget Google Docs.

Events (aka Meals and Entertainment) is a budget chaired by the Events Volunteer. Funds are allocated to those roles, but are considered part of the administrative budget.

Funding of savings goals/accounts should be amortized over the year. Spending in other categories can still occur before these goals are met.
Note: as of Dec 15 2020, the savings is fully funded and we have a 20k surplus, which will last till the middle of the year if things stay flat.
If things get better, great. We will still have our savings fund.
If things get worse, the membership and or the board can make adjustments.

Area Budgets

2D CNC	$1,200	David Ditzler	Worksheet
3D CNC	$3,435	Matthew Keith	Worksheet
Lasers CNC	$6,000	Ashish Jasani	Worksheet
Industrial CNC	$9,000	Mike Thompson	Worksheet
Cold Metals	$4,300	Jim Brink	Worksheet
Electronics	$3,550	Anna Yu	Worksheet
General	$3,000	Erik Wessing	Worksheet
General Operations Team	$10,104	Andrew Morris	Worksheet
Graphic Arts and Textiles	$2,400	Shellie Lewis	Worksheet
Hot Metals	$5,750	Ron Olson	Worksheet
Kitchen	$200	Cate Le	Worksheet
Small Metals	$2,300	Ally	Worksheet
Woodshop	$9,300	Eric Beauchamp	Worksheet
Technology Equipment	$8,487	Sky Nova	Worksheet
Public Relations	$1,700	Sean M. Blum	Worksheet

Total:	$70,726		Worksheet

Language

This vote is to authorize the budget for the fiscal year of 2021, which goes into effect January 1, 2021 and expires December 31, 2021.

The following expenditures and allocations are approved by this budget:

Administrative Expenses

Authorize the board to spend up to $9,370.00 to cover administrative and emergency expenditures for the fiscal year of 2021.

Account	Amount
Meals & Entertainment	$250.00
Cleaning Service - $760/m x 12	$9,120.00
Total	$9,370.00

2D CNC

Authorize the board to spend up to $1,200 to cover 2D CNC expenditures for the fiscal year of 2021. The board assigns this spending authority to the area host. This spending authorization goes into effect 1-1-2021 and expires 12-31-2021.

3D CNC

Authorize the board to spend up to $3,435 to cover 3D CNC expenditures for the fiscal year of 2021. The board assigns this spending authority to the area host. This spending authorization goes into effect 1-1-2021 and expires 12-31-2021.

Lasers CNC

Authorize the board to spend up to $6,000 to cover Lasers CNC expenditures for the fiscal year of 2021. The board assigns this spending authority to the area host. This spending authorization goes into effect 1-1-2021 and expires 12-31-2021.

Industrial CNC

Authorize the board to spend up to $9,000 to cover Industrial CNC expenditures for the fiscal year of 2021. The board assigns this spending authority to the area host. This spending authorization goes into effect 1-1-2021 and expires 12-31-2021.

Cold Metals

Authorize the board to spend up to $4,300 to cover Cold Metals expenditures for the fiscal year of 2021. The board assigns this spending authority to the area host. This spending authorization goes into effect 1-1-2021 and expires 12-31-2021.

Electronics

Authorize the board to spend up to $3,550 to cover Electronics expenditures for the fiscal year of 2021. The board assigns this spending authority to the area host. This spending authorization goes into effect 1-1-2021 and expires 12-31-2021.

General

Authorize the board to spend up to $3,000 to cover General expenditures for the fiscal year of 2021. The board assigns this spending authority to the area host. This spending authorization goes into effect 1-1-2021 and expires 12-31-2021.

General Operations Team

Authorize the board to spend up to $10,104 to cover General Operations Team expenditures for the fiscal year of 2021. The board assigns this spending authority to the area host. This spending authorization goes into effect 1-1-2021 and expires 12-31-2021.

Graphic Arts and Textiles

Authorize the board to spend up to $2,400 to cover Graphic Arts and Textiles expenditures for the fiscal year of 2021. The board assigns this spending authority to the area host. This spending authorization goes into effect 1-1-2021 and expires 12-31-2021.

Hot Metals

Authorize the board to spend up to $5,750 to cover Hot Metals expenditures for the fiscal year of 2021. The board assigns this spending authority to the area host. This spending authorization goes into effect 1-1-2021 and expires 12-31-2021.

Kitchen

Authorize the board to spend up to $200 to cover Kitchen expenditures for the fiscal year of 2021. The board assigns this spending authority to the area host. This spending authorization goes into effect 1-1-2021 and expires 12-31-2021.

Small Metals

Authorize the board to spend up to $4,300 to cover Small Metals expenditures for the fiscal year of 2021. The board assigns this spending authority to the area host. This spending authorization goes into effect 1-1-2021 and expires 12-31-2021.

Woodshop

Authorize the board to spend up to $9,300 to cover Woodshop expenditures for the fiscal year of 2021. The board assigns this spending authority to the area host. This spending authorization goes into effect 1-1-2021 and expires 12-31-2021.

Technology Equipment

Authorize the board to spend up to $8,487 to cover Technology Equipment expenditures for the fiscal year of 2021. The board assigns this spending authority to the area host. This spending authorization goes into effect 1-1-2021 and expires 12-31-2021.

Public Relations

Authorize the board to spend up to $1,700 to cover Public Relations expenditures for the fiscal year of 2021. The board assigns this spending authority to the area host. This spending authorization goes into effect 1-1-2021 and expires 12-31-2021.

Results

Time of Vote -
Quorum:
For:
Against:
Abstain: