[Lnc-business] Two motions to amend the budget

[Richard Longstreth]

The first motion seems fairly fiscally neutral if you factor in monthly
costs going away. Am I mistaken there?

The second motion is somewhat of a necessity. Has our fundraising outlook
changed or do we need to adjust another budget line to stay balanced if
this motion passes?

On Mon, Mar 4, 2019 at 12:47 AM Tim Hagan via Lnc-business <
lnc-business at hq.lp.org> wrote:

> I will have two motions to amend the budget during the Treasurer Report
> of the upcoming meeting.
>
> First is to increase the Capital Expenses by $7,500 for the purpose of
> purchasing a replacement copier and to decrease the 40-Administration
> Costs line by $5,000. Capital Expenses will become $52,716 and
> 40-Administration Costs will become $298,700.
>
> The lease on the copier expires at the end of May. Mr. Kraus has been
> working with copier vendors, and has a quote to purchase a Kon Minolta
> Bizhub copier for $7,306. Its brochure is attached. This copier is an
> upgrade from the current copier, can handle a higher volume, and has
> more features such as multi-page tri-folding. The monthly service/supply
> cost for our typical usage will drop from $649 to $231. The lease on the
> current copier is $508.24 per month. The decrease in Administration
> Costs is for these savings from June through December, minus
> depreciation on the copier.
>
> The second motion is to increase 75-Litigation by $4,000, making it
> $18,500. This is to pay for the taxed costs resulting from the lawsuit
> against Kentucky Educational Television (KET) over their debate
> criteria, which the LNC lost.
>
> --
> Tim Hagan
> Treasurer, Libertarian National Committee