Guest DSB Posted May 22, 2017 at 11:41 PM Report Share Posted May 22, 2017 at 11:41 PM Our Exec Board approves the expenditures of all general funds up to $1000 per request. Any expenditures of general funds above $1000 shall require an advance approval vote by the Exec Board and then be presented at a General Membership meeting for approval. Our Executive Board for a grad night voted not to hire a vendor for $1800 because funds are short. There is a member of the committee highly peeved saying the Exec Board had to get approval to nix it. Any experience out there like this, which direction to take this issue, how much the Board has the right to nix a vendor due to lack of funds??? Much appreciated! DB Quote Link to comment Share on other sites More sharing options...
Hieu H. Huynh Posted May 22, 2017 at 11:58 PM Report Share Posted May 22, 2017 at 11:58 PM What is the point of the vote if you had to approve it? Quote Link to comment Share on other sites More sharing options...
Richard Brown Posted May 23, 2017 at 12:12 AM Report Share Posted May 23, 2017 at 12:12 AM 29 minutes ago, Guest DSB said: Our Exec Board approves the expenditures of all general funds up to $1000 per request. Any expenditures of general funds above $1000 shall require an advance approval vote by the Exec Board and then be presented at a General Membership meeting for approval. Our Executive Board for a grad night voted not to hire a vendor for $1800 because funds are short. There is a member of the committee highly peeved saying the Exec Board had to get approval to nix it. Any experience out there like this, which direction to take this issue, how much the Board has the right to nix a vendor due to lack of funds??? Much appreciated! DB Why do you think the board was obligated to hire the vendor? Quote Link to comment Share on other sites More sharing options...
Transpower Posted May 23, 2017 at 12:44 PM Report Share Posted May 23, 2017 at 12:44 PM The executive can spend up to $1000 per transaction without obtaining the board's approval. $1800 .> $1000, so a board vote was necessary for this amount, and wasn't granted. Quote Link to comment Share on other sites More sharing options...
Dan Honemann Posted May 23, 2017 at 01:02 PM Report Share Posted May 23, 2017 at 01:02 PM 13 hours ago, Guest DSB said: Our Exec Board approves the expenditures of all general funds up to $1000 per request. Any expenditures of general funds above $1000 shall require an advance approval vote by the Exec Board and then be presented at a General Membership meeting for approval. Our Executive Board for a grad night voted not to hire a vendor for $1800 because funds are short. There is a member of the committee highly peeved saying the Exec Board had to get approval to nix it. Any experience out there like this, which direction to take this issue, how much the Board has the right to nix a vendor due to lack of funds??? Much appreciated! DB The reason why the Executive Board voted not to approve the expenditure is irrelevant. Based solely upon what has been posted, it seems clear that the Board had the power to decide not to approve the expenditure, and therefore not to pass the question of approval on to a General Membership meeting for final action. The notion that the Board had to get membership approval to reject the motion before it that it grant its own approval appears to be pure nonsense. Quote Link to comment Share on other sites More sharing options...
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