While we are budgeting a deficit, we have room to move. Most of this is captured in discretionary spending on things like supporting our community and working groups. All funding, although budgeted for, will still be required to go through the usual Board processes.
In a normal year, we’d expect our conference to deliver a significant surplus. As we have achieved a surplus in our two years of conferences, we have around $80,000 in the bank.
We expected the 2020 conference to run as a subsidised event, or at best, with a very modest surplus. Since it is running as a remote-only event, this doesn’t change a lot (except that we have less money going in and out).
If you have ideas for ways that we can support our community in these extraordinary times by funding an event or activity, please let us know.
You can contact me or any other Board member if you have questions or comments.