Table of Contents
Spending Money
This page is loosely about the process of spending Hackspace money. There are some parts of the Articles that related to expenditure, but perhaps some general guidelines and thought beyond that are useful, as a reference point for people's expectations.
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, in either direction.
Starting point
Email the discus list with a useful amount of detail about what you have in mind, like…
- What it is
- Where we'd buy it from
- Why it'd be good to buy
- Any time-frames in mind
This gives everyone opportunity to provide feedback and offer ideas and support in an open way.
Obviously more detail is good when more money is proposed to be spent.
Small amounts 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…
- Cable ties
- Tape
- …add more examples here
Medium amounts 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…
- A couple of boxes of Mate for the tuck shop
- Some new hand tools
- Re-stock of electrical components
- Vinyl
- PLA
- …add more examples here
Large amounts 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…
- A new 3D printer
- A set of metal working equipment, welding gear etc
- …add more examples here