[Lnc-business] Notice for Policy Manual Budget Motion

[Caryn Ann Harlos]

I don’t think everyone knows the EC spends a good deal of time on the
budget ahead of time.

On Tue, Nov 5, 2019 at 5:26 AM Sam Goldstein via Lnc-business <
lnc-business at hq.lp.org> wrote:

> Richard,
>
> The Executive Committee spent two hours going over and making changes to
> the proposed budget that you see prior to last weekend's LNC meeting.
>
> I see no problem in correcting language in the Policy Manual that has
> been de facto ignored for several years as our cycle of income and
> expenses has developed over the past decade or so.  I would guess we
> will address this prior to considering the budget so all should be good.
>
> ---
> Sam Goldstein
> Libertarian National Committee
> 317-850-0726 Cell
>
> On 2019-11-05 06:36, Richard Longstreth via Lnc-business wrote:
> > I am of the thought that the proposed budget be submitted under the
> > current
> > rules and the LNC works together to go beyond that if needed and prior
> > to
> > passing. If the practice is not meeting the rule, perhaps that is
> > partially
> > why we found ourselves in a hole this time last year and I suggest
> > submitting a new budget with a list of further considerations for the
> > LNC
> > as a whole to work through.
> >
> > The budget is supposed to be worked on and adjusted as needs and funds
> > arise. It is not meant to be proposed and passed blindly without
> > workshopping.
> >
> > Richard Longstreth
> > Region 1 Representative (AK, AZ, CO, HI, KS, MT, NM, OR, UT, WA, WY)
> > Libertarian National Committee
> > richard.longstreth at lp.org
> > 931.538.9300
> >
> > Sent from my Mobile Device
> >
> > On Mon, Nov 4, 2019, 18:00 Tim Hagan via Lnc-business <
> > lnc-business at hq.lp.org> wrote:
> >
> >> No, it will not. The proposed budget has revenues of $2,343,400. The
> >> existing policy requires the submitted budget's revenues be no more
> >> than
> >> around $1,500,000, depending on what the October 2019 revenues were,
> >> which we don't have yet. The proposed budget has convention revenues
> >> of
> >> $353,000, and we had no convention revenues booked for the last twelve
> >> months since they get booked when the convention occurs. The proposed
> >> budget has ballot access donations of $149,800, and we've received
> >> $34,571 ballot access revenues the past twelve months. These two and
> >> branding/political materials revenue change drastically between
> >> odd-numbered years and Presidential-election years. We have not been
> >> in
> >> compliance with the policy on almost all even-numbered years' budgets.
> >>
> >> ---
> >> Tim Hagan
> >> Treasurer, Libertarian National Committee
> >>
> >> On 2019-11-04 14:07, Justin O'Donnell via Lnc-business wrote:
> >>
> >> > Tim,
> >> >
> >> > Quick question, would the current proposed budget for 2020 be in
> >> compliance with the exiating policy manual without this Amendment?
> >> >
> >> > Justin O'Donnell
> >> > LNC Region 8 Representative
> >> >
> >> > On Nov 4, 2019 3:52 PM, Tim Hagan via Lnc-business <
> >> lnc-business at hq.lp.org> wrote:
> >> >
> >> >> 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.
> >>
>
-- 

*In Liberty,*

* Personal Note:  I have what is commonly known as Asperger's Syndrome
(part of the autism spectrum).  This can affect inter-personal
communication skills in both personal and electronic arenas.  If anyone
found anything offensive or overly off-putting (or some other social faux
pas), please contact me privately and let me know. *