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admin:spending_money [2024/05/15 10:39] – andyadmin:spending_money [2024/05/15 10:56] – andy
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 We're generally quite cautious on spending hackspace funds, but that's a fair responsibility to the membership, which is, of course, where the money comes from.  We're generally quite cautious on spending hackspace funds, but that's a fair responsibility to the membership, which is, of course, where the money comes from. 
  
-This page probably needs to be updated as and when the financial situation of the organisation changes.+This page probably needs to be updated as and when the financial situation of the organisation changes, in either direction.
  
  
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 ===== Small amounts of money ===== ===== Small amounts of money =====
  
-Expenditure of less than £20 would typically be classes as a small amount of money.  +Expenditure of less than £20 would typically be classed as a small amount of money. 
 + 
 +Typically this sort of spend would just be OKed by 2 directors.
  
 Examples of this sort of thing would be... Examples of this sort of thing would be...
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 ===== Medium amounts of money ===== ===== Medium amounts of money =====
  
-Expenditure of between £20 and £100 would typically be classes as a medium amount of money.  +Expenditure of between £20 and £100 would typically be classed as a medium amount of money.   
 + 
 +Typically this sort of spend would just be OKed by 2 directors, after a brief discussion on the mailing list.
  
 Examples of this sort of thing would be... Examples of this sort of thing would be...
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 ===== Large amounts of money ===== ===== Large amounts of money =====
  
-Expenditure of over £100 would typically be classes as a large amount of money.+Expenditure of over £100 would typically be classed as a large amount of money. 
 + 
 +Typically this sort of spend would require consensus from members via the mailing, with the majority sharing a view that it ticked boxes for usefulness and value.
  
 Examples of this sort of thing would be... Examples of this sort of thing would be...
admin/spending_money.txt · Last modified: 2024/05/16 08:22 by andy