The CCC Post ( Week of February 3 - 9/12 ).

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  • The CCC Post ( Week of February 3 - 9/12 ).

    The CCC Post ( Week of February 3 - 9/12 ).

    3 Possible CFC Budget Process Options ( following on our earlier discussion paper )

    Option A – Current Practice

    i) The Treasurer shall prepare the budget for the next fiscal year and present it to the governors for vote, no later than 3 weeks before the end of the current fiscal year. There shall be one week for questions/comments/ amendments/ Treasurer replies. Then the governors shall vote during the 2nd last week before the end of the current fiscal year.
    ii) The Treasurer of the new Executive elected at the July AGM, shall prepare and present to the governors for vote, any “ revised “ budget for the then fiscal year, by August 31. There shall be one week for questions/ comments/ amendments/ Treasurer replies. Then the governors shall vote the following week.

    Option B – Two-Budgets Simultaneously

    i) The Treasurer of the new administration elected at the July AGM shall prepare a “ revised “ budget, if any, for the balance of the current fiscal year, and a budget for the next fiscal year starting May 1. He shall have ‘til August 31 to present the budgets to the governors for vote. There shall be one week for questions/ comments/ amendments/ Treasurer replies. Then the governors shall vote the following week.

    Option C – The Moved Fiscal Year

    i) The fiscal year of the Corporation shall be October 1 to September 30.
    ii) The Treasurer of the new Executive elected at the July AGM shall prepare a budget for the next fiscal year, and present it to the governors for vote, no later than August 31. There shall be one week for questions/comments/ amendments/ Treasurer replies. Then the governors shall vote during the following week.

    Which would you choose?

    The CCC motto is: Competition OverTB; Cooperation OffTB.
    The CCC goals are:

    1. chess member development at all levels of Canadian chess;
    2. greater member participation;
    3. “ a kinder, gentler Canadian chess culture “.

    Want introductory CCC material? - cooperativechesscoalition@gmail.com . Consider joining !

    Bob, CCC Coordinator
    CCC Facebook Group Page : http://www.facebook.com/home.php?sfr...806343128&ap=1
    CCC Twitter Account : http://www.twitter.com/coopchesscoalit
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