Saturday, January 23, 2010

Finance Committee notes: Looking Ahead--Snippets of Discussions

Looking at 5-year outlook.  This is just chock full of assumptions and WAGs. The point of looking at this and plugging in various numbers is to see the probable effects of various scenarios. The financial future is neither rosy nor overly gloomy. We can do what we need to do.

Now talking about the difficulty of getting Local Groups to be willing to participate, uncompensated, in generating external revenue.

Discussing AGs and the various levels of LG participation in the running of them.

Reviewing ASIE that might need amending. Do we want to prescribe dues adjustments every X number of years? I think so, yes. Something such as:  The AMC will review and adjust dues rates in even numbered years. I mean, costs go up. For everything.  All the time. Why try to deny that? If we proscribe a predictable schedule for adjustments, then we remove the political reactionary taint of the decision and enable the AMC to approach reality objectively.

Yeah, it sucks that reality includes inflation. I'm not thrilled that I'm not getting younger, either. But you wouldn't want to see me still wearing what I wore in high school. Trust me.

Considering renaming the category "National Office" to "Administrative & General." (This was Greg's suggestion based on how such line items are listed on 990s.)

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