CREA Board Meeting Minutes
July 23, 2014
In attendance:
| Governors
David Bradley Cathi Jones Michael Martin Libby Perl Brian Reeder Mallary Stouffer Carol Hardy-Vincent |
Officers
Philip Brogsdale Jack Moteff Julius Jefferson Jr Valerie Grasso |
Others
Chelsea Robertson
|
Budget:
The current actual vs. projected budget data sheet was handed out to the board and summarized for members unfamiliar with the numbers. Available options to balance the budget were discussed. Gov. Stouffer informed the board about the intention of the Scholarship and Loan Repayment Committee to request an increase in funding to cover shortfall between budgeted funds and funds needed to cover all eligible applications to the program.
Motion: Governor Stouffer made a motion to authorize retroactively all budget over-expenditures. Governor Reeder seconded. The motion passed unanimously.
The Board further discussed the mechanics of balancing the budget, including procedures and process required by the CREA Constitution as well as past practices.
Motion: Governor Martin made a motion to authorize the transfer of $2250 from savings to checking for arbitration fees and $2500 for the Scholarship and Repayment Loan program to cover expenses for these line items above the budgeted costs. Governor Stouffer seconded. The motion passed unanimously.
Minutes:
Meeting minutes for May 28, 2014 approved.
Meeting minutes for July 18, 2014 approved with minor edits.
Open Mic:
President Moteff informed the board that constitutional amendments will be brought before the board in the near future. Amendments may address the following issues: ballot design, voting procedures for stewards and governors, and officer position descriptions.
Meeting adjourned.