The board then began an in-depth discussion of the guild’s budget, as we have not had the time at the past two board meetings to discuss the budget in depth. Carmen provided a Budget Review Worksheet which contained figures for expenditures for 2017-2018. (Some of these figures will have to be corrected, as Carmen did not break every expense paid into as much detail as some members of the board were asking for; she does have that detailed a breakdown in her account book.) Proposed allocations for many of the areas/activities were discussed and added to the chart, as indicated below: Budget Item 2017-2018 Expenditure 2018-2019 Allocation Proposal Rent $1,250 $1,250 Charitable Activities $326.80 (does not include $250 (takes into account that Pillowcases, Gretchen the monetary value of items Gretchen will also be collecting a purchased and donated by voluntary donation of $5 per members) member instead of having members purchase specific items) $330 $250 Quilt Museum, Dottie $100 Blessed Sacrament - $200 (might include donations to Misc. meeting locations, such as the public library) Raffle Prizes $180.98 $200 $5.21 Margarita Blyumkina $37.34 Linda Anthony Creative Quiltworks $111.75 $115 Printing/copying Hospitality $434.65 $200 Monthly supplies -$39.09 (?) * Potluck supplies Membership $262.00 $150 Tote bags (25) Postage/Mailing * * Secretary * * Membership Copying/Printing $1,023.57 *This needs to be refined; much of Secretary this printing was also for the quilt show and some was for membership (cards, applications) $33.40 Membership (cards, survey) Website expense $155.40 $160 Activities expense
The board then began an in-depth discussion of the guild’s budget, as we have not had the time at the past two board meetings to discuss the budget in depth. Carmen provided a Budget Review Worksheet which contained figures for expenditures for 2017-2018. (Some of these figures will have to be corrected, as Carmen did not break every expense paid into as much detail as some members of the board were asking for; she does have that detailed a breakdown in her account book.) Proposed allocations for many of the areas/activities were discussed and added to the chart, as indicated below: Budget Item 2017-2018 Expenditure 2018-2019 Allocation Proposal Rent $1,250 $1,250 Charitable Activities Pillowcases, Gretchen $326.80 (does not include the monetary value of items purchased and donated by members) $250 (takes into account that Gretchen will also be collecting a voluntary donation of $5 per member instead of having members purchase specific items) Quilt Museum, Dottie $330 $250 Blessed Sacrament $100 Misc. - $200 (might include donations to meeting locations, such as the public library) Raffle Prizes $180.98 $200 Margarita Blyumkina $5.21 Linda Anthony $37.34 Creative Quiltworks Printing/copying $111.75 $115 Hospitality Monthly supplies $434.65 $200 Potluck supplies -$39.09 (?) * Membership Tote bags (25) $262.00 $150 Postage/Mailing Secretary * * Membership * * Copying/Printing Secretary $1,023.57 *This needs to be refined; much of this printing was also for the quilt show and some was for membership (cards, applications) Membership (cards, survey) $33.40 Website expense $155.40 $160 Activities expense
Executive_Board_Meeting_2018-8-28.docx