Difference between revisions of "Articles of Association/Minimum Dues"

Articles of Association/Minimum Dues (view source)

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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====