[Lnc-business] Financial woes

Joshua Katz planning4liberty at gmail.com
Tue Aug 12 23:11:46 EDT 2014


Ok, for some reason, I can only see the first line of Ron's posts.  I know
that he wrote something about me answering my own question.

Joshua A. Katz
Westbrook CT Planning Commission (L in R seat)


On Mon, Aug 11, 2014 at 8:46 PM, Joshua Katz <planning4liberty at gmail.com>
wrote:

> Our bylaws require our permission to borrow. We certainly can wait for
> staff requests, but I also see nothing improper in a board acting
> proactively.
> On Aug 11, 2014 4:18 PM, "Norm Olsen" <region1rep at donedad.com> wrote:
>
>> We have a competent Executive Director who is certainly monitoring this
>> situation.  I am confident that he will implement appropriate policies to
>> address this issue as necessary.  If he decides obtaining a loan is an
>> appropriate action, I’m sure he’ll advise the chair and we’ll soon after
>> have a motion to vote upon.
>>
>>
>>
>> We as a governing board should not be trying to micro-manage these
>> affairs from afar.
>>
>>
>>
>> Norm
>>
>> --
>>
>> Norman T Olsen
>>
>> Regional Representative, Region I
>>
>> Libertarian National Committee
>>
>> 7931 S Broadway, PMB 102
>>
>> Littleton, Colorado  80122-2710
>>
>> 303-263-4995
>>
>> Norman.Olsen at lp.org
>>
>>
>>
>> "First they ignore you, then they ridicule you, then they fight you, then
>> you win." -- Gandhi
>>
>>
>>
>> *From:* Lnc-business [mailto:lnc-business-bounces at hq.lp.org] *On Behalf
>> Of *Joshua Katz
>> *Sent:* Saturday, August 09, 2014 11:21 AM
>> *To:* lnc-business at hq.lp.org
>> *Subject:* [Lnc-business] Financial woes
>>
>>
>>
>> Since I had only one person join me in my call to authorize additional
>> debt, and that was qualified with the idea of waiting another month, I now
>> float the following three motions and seek sponsors.
>>
>>
>>
>> 1.  The LNC shall authorize no expenditures other than those necessary
>> for activities already authorized by vote or bylaws to be undertaken (to
>> include votes which closed before the effective date but which have not yet
>> been reported on the effective date, if any.)  No money shall be expended
>> by the party until November 1, 2014, other than that which has already been
>> authorized or encumbered, exempting expenditures from restricted funds.  No
>> additional expenses shall be undertaken, and no agreements with vendors
>> entered into requiring payment before November 1, 2014.  In addition, the
>> LNC shall direct the Secretary to write official notices of apology to all
>> vendors whose payments are delayed via negotiations by staff, or via
>> non-payment or extension of terms, on behalf of the LNC.
>>
>>
>>
>> 2.  Prior to the December meeting in New Orleans, staff shall be
>> requested to issue all necessary reports in written form, to be presented
>> at the meeting (as specifically required, or traditional.)  Staff presence
>> at the LNC meeting shall be restricted to the Executive Director and one
>> additional staff member, to be chosen by the Executive Director following
>> consultation with the Chair.
>>
>>
>>
>> 3.  The LNC directs the Executive Director to issue a report with all
>> specific staff responsibilities, estimated hours required per week, and
>> skills needed to perform staff functions.  The Executive Director then
>> shall issue a report indicating potential to replace staff functions with
>> volunteer efforts, after conducting a member survey for skills and
>> willingness to volunteer.  The LNC requests that the Chair, after
>> consulting said report, reconsider all staff arrangements and contracts.
>>
>>
>>
>> I favor the first, but am looking for all ways to stem costs.  We have a
>> balloon payment hanging over our heads, currently are bankrupt, and have
>> continued to vote to authorize expenditures.  I believe these operations
>> must be reconsidered.  I understand that our financial hole is a temporary
>> phenomenon, and that our bankruptcy is a matter of accounting, but we are
>> still in dire financial straits.  I do believe that we need to bring in
>> more money, but a financial crisis is also an opportunity to reconsider our
>> spending habits, which should be restrained, and mostly aimed at our core
>> mission, at all times, regardless of circumstances.
>>
>>
>>
>> Joshua A. Katz
>>
>>
>>
>> Region 8 (Region of Badassdom) Alternate
>>
>> Libertarian National Committee
>>
>>
>> Chair, Libertarian Party of Connecticut
>>
>> _______________________________________________
>> Lnc-business mailing list
>> Lnc-business at hq.lp.org
>> http://hq.lp.org/mailman/listinfo/lnc-business_hq.lp.org
>>
>>
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