[Lnc-business] Proposed budget change

Wes Benedict wes.benedict at lp.org
Thu Aug 2 17:34:30 EDT 2018


In this instance, I think "VR" stands for "voter registration."

Wes Benedict, Executive Director
Libertarian National Committee, Inc.
1444 Duke St., Alexandria, VA 22314
(202) 333-0008 ext. 232, wes.benedict at lp.org
facebook.com/libertarians @LPNational
Join the Libertarian Party at: http://lp.org/membership

On 8/2/2018 5:24 PM, Elizabeth Van Horn via Lnc-business wrote:
>
> Sam, I'll favor whatever is quickest.  (Note: I did read Alicia's 
> reply, and it may be an LNC vote.)
>
> Also, can you tell me what the "VR" stands for in the '70-Ballot 
> Access VR & Related Exp', line?   (My brain says 'virtual reality', 
> but I'm sure that's not right.  haha)
>
> EVH
>
> ---
> Elizabeth Van Horn
>
> On 2018-08-02 14:13, Sam Goldstein via Lnc-business wrote:
>
>> Staff has asked me to run this proposed budget change motion past the 
>> LNC to determine if, for timing reasons, there is any objection to 
>> the EC handling this in a quick meeting rather than taking at least a 
>> week for an email ballot.  There would be no overall budget expense 
>> increase, the motion merely moves money from one budget line to 
>> another.  We have an excess in the Ballot Access budget for the 
>> remainder of the year.  With the election fast upon us the Candidate 
>> Support staff would like to be able to implement this program as soon 
>> as possible.
>>
>> Motion: Decrease the budget for line 70-Ballot Access VR & Related 
>> Exp by $34,400 from $250,000 to $216,600 (a $34,400 decrease) and 
>> increase the budget for line 60-Candidate, Campaign & Initiatives 
>> from $58,800 to $92,200 (a $34,400 increase) to cover the cost of 
>> existing candidate recruitment and campaigns advisor support staff, 
>> and to provide up to $20,000 for candidate field support expenses.
>>
>> -- 
>> Sam Goldstein
>> Libertarian National Committee
>> 317-850-0726 Cell
>>
>> "Dear LNC/EC:
>>
>> Staff is requesting a budget change for candidate field support. We 
>> are trying to clarify if this is something the EC has authority to 
>> change. My reading of the Policy Manual is that the EC has the 
>> authority to move expenses within the Program Expense area from 
>> 70-Ballot Access VR & Related Exp to 60-Candidate, Campaign & 
>> Initiatives. "
>>
>> 1) Budget
>> The budget may be amended at any time by a majority vote of the 
>> LNC.31 However,*the**
>> **Executive Committee is authorized to amend expense items within 
>> one_budget area_, as long as**
>> **the total expense for that budget area is not increased.32*
>> The Chair, with the consent of the Executive Committee, is authorized 
>> to make the following
>> budget adjustments without LNC approval: 33
>> • Addition of lines for previously unbudgeted expenses, the total of 
>> which shall not
>> exceed 1% of budgeted revenues
>> • An increase in a line for budgeted expense provided there is a 
>> corresponding reduction
>> from the contingency fund.
>> The Chair, without the consent of the Executive Committee, is 
>> authorized to expend up to
>> $1,000 in discretionary funds within any (rolling) three month 
>> period, the total of which shall
>> not exceed $5,000 per term unless those expenditures are later 
>> ratified by the LNC. 34
>>
>> Wes Benedict, Executive Director
>> Libertarian National Committee, Inc.
>> 1444 Duke St., Alexandria, VA 22314
>> (202) 333-0008 ext. 232,wes.benedict at lp.org

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