Thursday, August 25, 2011

Our local unit adopted the 2011-12 budget last spring, but over the summer some things have changed that weren’t anticipated when the budget adopted.  Are we stuck with the budget or can we ask our membership to approve some amendments?  
Yes.  The budget is developed as a projection based on the best available information at the time.  However since the members adopted the budget they can also amend it, and when I say “members” I mean the membership as a whole, not necessarily those individual members who were present when the budget was adopted.  One further note, you may want to consider also amending the local unit’s standing rules to allow the Board some flexibility to reallocate funds during the year, just in case some need arises when it’s not possible to call a meeting of the entire membership.