[wplug-board] WPLUG finances, revisited

[Pat Barron]

On 3/19/2014 9:01 PM, Vance Kochenderfer wrote:
> On Wed, Mar 19, 2014 at 01:20:05PM -0400, Pat Barron wrote:
>> Based on our current activity and financial obligations, we are on track
>> to exhaust the treasury pretty much when I predicted at that time,
>> unless something changes.
> Traditionally, the refreshment fund has generated a surplus, which
> is put into the bank account.  Not sure how much more time that
> buys us.
>

There is currently $57.00 in the refreshment fund.  If anyone purchased 
supplies to replenish the coffee tote for the last GUM and needs to be 
reimbursed, let me know.  We can then deposit some or all of the 
remaining funds into the checking account.

Stanley, it's extremely generous of you to offer to extend a loan to 
WPLUG; we should discuss this at our next board meeting.  We do at least 
have sufficient funds to meet our obligations probably into the 
summertime, so this is not time critical.  I would caution, though, that 
at least right now, WPLUG wouldn't really have a plan for how we'd repay 
such a loan.  The biggest problem we have right now (financially 
speaking) is simply that we're spending more money than we take in, and 
that is something we don't have a solution for in the short term.

--Pat.