I think it is a good idea. Though two things to add. Who has the ability to audit the spending? I think the champions should have the ability to watch over the transactions of each card. Also we should make a rule in place for spending money so it doesn't feel like a free for all. Maybe any transaction has to be emailed to members@ 24 hours before the purchase. Even if it is a little amount for something like toilet paper.
------------------------------ On Wed, Apr 9, 2014 9:29 AM EDT Torrie Fischer wrote: >Hi, all. > >This morning, Chris and I were discussing a possible solution to a money >problem. > >The problem: I'm currently the only one who has the ability to spend *any* >money. If I get hit by a bus, we'd likely be screwed. It also really slows >things down. At last night's meeting it was requested that we spend some money >on picking up some doors for the wall project, but getting to the point of me >actually handing out money can take too long because I don't keep the >checkbook on me, nor do I keep the money card on me. > >The solution: A special "spending" card that is tied to a second checking >account at BFG without the ability to overdraft, cause fees, or anything else >undesirable. > >This had been kinda discussed before as a way to handle the >maintenance/buildout budgets. > >Basically, I setup another account with our BFG membership and keep the >balance at some maximum of what we agree it should be. Our maintenence budget >is still $50/mo, but if we needed to spend more I could instantly transfer >money into it (like $200 for doors for the walls or somesuch) and hand over >the card. I'd also like to see about getting a total of four cards made: One >for treasurer, and one for each of the champions. > >Thoughts and feedback please! :) _______________________________________________ Discuss mailing list Discuss@synhak.org https://synhak.org/mailman/listinfo/discuss