Articles of Association/Minimum Dues: Difference between revisions

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====Sub-Section 3.4.3 Dues====

Dues shall be paid by members on a sliding scale basis, from the minimum $10 per month rate to the recommended donation ~~of $60 per month~~. Exemptions of individuals from paying dues may be approved on a case by case basis by the general membership on the ~~basis~~ of financial hardship or refusal to participate in the monetary system. ~~If the operating budget has a net surplus for three consecutive months~~, ~~the minimum rate may~~ be ~~lowered to $0 by the general membership~~, ~~to remain~~ in ~~effect as long as the budget is in surplus~~.

Dues shall be paid by members on a sliding scale basis, from the minimum $10 per month rate to the recommended donation calculated using the process below. Exemptions of individuals from paying dues may be approved on a case by case basis by the general membership on the grounds of financial hardship or refusal to participate in the monetary system

The recommended monthly dues for members is calculated as follows:

* dues = average over all members of ( 1 month's overhead + a % of any defecit in each standing fund + a risk premium (min. 5% of all other dues components)

** For instance, early on, overhead could be (rent + utilities + services), in which case dues = (500 + 100 + 20 + (10 + 5 + 0 + 10) + 64) / 23 = $30.83 per member

====Sub-Section 3.4.4 Expenditures====

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 ====Sub-Section 3.4.3 Dues====
-Dues shall be paid by members on a sliding scale basis, from the minimum $10 per month rate to the recommended donation of $60 per month.  Exemptions of individuals from paying dues may be approved on a case by case basis by the general membership on the basis of financial hardship or refusal to participate in the monetary system.  If the operating budget has a net surplus for three consecutive months, the minimum rate may be lowered to $0 by the general membership, to remain in effect as long as the budget is in surplus.
+Dues shall be paid by members on a sliding scale basis, from the minimum $10 per month rate to the recommended donation calculated using the process below. Exemptions of individuals from paying dues may be approved on a case by case basis by the general membership on the grounds of financial hardship or refusal to participate in the monetary system
+The recommended monthly dues for members is calculated as follows:
+* dues = average over all members of ( 1 month's overhead + a % of any defecit in each standing fund + a risk premium (min. 5% of all other dues components)
+** For instance, early on, overhead could be (rent + utilities + services), in which case dues = (500 + 100 + 20 + (10 + 5 + 0 + 10) + 64) / 23 = $30.83 per member
 ====Sub-Section 3.4.4 Expenditures====