The Financial Team is charged with developing a sustainable multi-year financial plan. The team identifies the level of funds to be spent annually to support a prioritized set of activities and prepares annual funding recommendations for Board adoption. The team will also investigate extending funding sources beyond the GIS In Action Conference. When timely, the team may establish a corporate sponsorship program and publicize corporate donations as well as investigate an option for charging membership with reduced event fee offsets. The team also conducts standard Treasurer Activities.
Financial information is to be placed on the website. Finally, the team maintains E Payment Capabilities.
The team has not had an opportunity to develop a Mission Statement, Vision, Deliverables and a Timeline.
I would propose to place a summarized version of the Chapter's finances on the web site. However, I'd like to get feedback from this group on what information is relevant. For example, do we want a detailed listing (I'd recommend no, but would post if the group thinks otherwise), or something more along the lines of how much we started the year with, what general expense categories monies were spent in, and revenue.
Please let me know your thoughts before I post anything.
I'd second the idea of placing a summarized version of the Chapter's finances on the web site. I think a summary of where we started the year is an excellent idea and would add information about what activities we are planning to spend funds on during the year. We really fund some very worthwhile activities and should share that information. I would skip the details on how much revenues we generate from individual events. So I'd say post away and here is a vote for transparency.
Thanks for the opportunity to weigh in on the topic,