[Lnc-business] Notice for Policy Manual Budget Motion

[Tim Hagan]

OK.

---
Tim Hagan
Treasurer, Libertarian National Committee

On 2019-11-04 12:49, Sam Goldstein wrote:
> Tim,
> 
> I move to amend the phrase "Presidential-midterm" to just "midterm".
> Otherwise it sounds confusing.
> 
> ---
> Sam Goldstein
> Libertarian National Committee
> 317-850-0726 Cell
> 
> On 2019-11-04 15:45, Tim Hagan via Lnc-business wrote:
>> The Policy Manual Section 2.03, Subsection 3 - Budget (page 31) in 
>> part
>> says, "No budget shall be submitted to the LNC for approval that 
>> exceeds
>> 110% of the actual revenue over the immediate past 12 months prior to
>> the date of the budget approval."
>> 
>> With a convention, ballot access expenses, and higher general interest
>> in politics, the revenues and expenses during Presidential-election
>> years are quite different from odd-numbered years, and mid-term years
>> are somewhat in between them.
>> 
>> At the meeting, either during the Treasurer Report or as New Business, 
>> I
>> will be moving to amend this paragraph to read:
>> 
>> No budget for an odd-numbered year shall be submitted to the LNC for
>> approval that exceeds 110% of the actual revenue of the most previous
>> odd-numbered year. No budget for a Presidential-election year shall be
>> submitted to the LNC for approval that exceeds 110% of the actual
>> revenue of the most previous Presidential-election year. No budget for 
>> a
>> Presidential-midterm year shall be submitted to the LNC for approval
>> that exceeds 110% of the actual revenue of the most previous
>> Presidential-midterm year.