Decision Id 10092

09 September 2007 - 05:05 | Version 1 | LynnwoodBrown

TopicType	Decision
Date	23-Jan-1992
CommonsEvent	Annual Meeting
Summary	Surplus from the 1991 budget will be rolled into a General Reserve Fund that will be used for contingencies. Spending from this fund must be approved by the community, and will be shown on the written community budget. Revenues received above budgeted revenue will also be rolled into the General Reserve fund. At each subsequent annual meeting any surplus from the prior year, if any, will be reviewed to determine how much will be rolled into the reserve fund and how much will go to reduce future community funding.
SubjectArea	FinancesGeneral

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Decision Id 10092

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