your portal to more fun in scale model railroading
your portal to more fun in scale model railroading
The budget shows major spending by area and department as approved by the BOD at the Winter BOD meeting and/or adjusted at the Summer BOD meeting each year. Each Department submits a new budget request in the Fall of every year for the following year, together with a list of objectives they have agreed with the President. The BOD reivews the overall budget, asks questions for clarification, and then accepts the proposed budget. All Department budgets are zero-based. There are a few areas that have restricted or dedicated funding (Diamond Club, Howell Day Museum, and Life Fund) and those do have carry-over budgets from year-to-year.