Subject: [REFERENDUM] Budget for 2015

A majority vote of the current board members is required for approving this budget.

Proposal:

Adoption of the Rev2 budget described below for use as guidance in financial voting for 2015.
Board chairman will document the budget on the Inkscape website, and follow up with subsequent votes on individual expenses as appropriate or as they come up.

[ ] a. Yes, adopt budget as described in "Rev #2" (below)
[ ] b. Revise budget with the following changes recommended: _____________________________________________________ _____________________________________________________
[ ] c. Do not establish a budget for 2015

Votes:

Ted Gould a. Josh Andler a. Jon A. Cruz a. Bryce Harrington a. Johan Engelen a. Tavmjong Bah
MentalGuy

Resolution:

Budget is adopted.

Background:

We have $31,000 in savings presently. We typically get between $3,000 and $8,000 in yearly donations, with a trend averaging at $7,000 in the last few years. However, this year we are experimenting with allowing donors to earmark their donations to specific budget items (i.e. Hackfest).

This is not intended to be a formal budget, but rather to serve as a planning aid and to inform decisionmaking. The board must still vote on each specific expense, and in particular they are not restricted from voting larger or smaller amounts than is budgeted here.

Item	Amount
SVG Working Group(*)	$2,250
LGM 2015	2,500 1
Hackfest 2015	2,500 (+ sponsorship) 2
SCALE(*)	250
Other events	500 [3]
Funded Development	750 [4]
Developer Education	500 5
Grants (OSUOSL)($) 250 [	6]
Contingency 500

Total $10,000 Reserve $21,000 Expected Income $ 5,000 7

Notes

(*): Budget item already approved by board

($): Budget item already paid out

  of airfair costs against LGM, half against Hackfest.

  sponsorship and earmarked fundraising.  This budget item allocates
  $2,500 as contingency in case the hackfest fundraising does not
  raise its full amount.

[3]: This budget item covers material costs (buttons, stickers, banners, etc.) as well as travel sponsorship, for events where Inkscape will have a presence (e.g. booth, presentation, development discussion, etc.)

[4]: This is intended as seed money for three projects ($250 each), with earmarked fundraising used for further funding.

  that result in improvements to our community's skills, knowledge,
  and abilities for research, development, QA, producing, and
  marketing the Inkscape software.

  organizations.  So far in 2015, $200 has been sent to OSUOSL.

  General Fund.  This assumes $2,000 less than 2014's ~$7,000 due to
  redirecting donors to the hackfest for the first few months of the
  year.