Question:
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?
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?
Answer:
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.