[Cynnabar] BoC - Settlement funding discussion

Tue Feb 7 16:55:37 UTC 2012

I feel, that if we can give more then we should, because there are
groups that may have difficult time (doing events) AFTER they send off
their 18%. Also, as Finn stated we already have money allocated to be
presented to Kingdom, I think we should still present these funds as we
originally planned.

Since I believe (before this settlement issue) the plan was to present
$300 for the sunshade at ValDay, then another $300 at Coronation for the
travel fund. 

If we were to present a check on our 2011 domesday numbers we would be
"laying out" $1460.49, which I personally would suggest we round up to
$1475.00 (makes it easier on the Exchequer's office). I would further
suggest, that it be done in 2 checks 1 for the settlement, 1 for the
sunshade.

My 2 cents

AElfric

Pentamere Regional Exchequer

From: barony-bounces at cynnabar.org [mailto:barony-bounces at cynnabar.org]
On Behalf Of Cynnabar Seneschal
Sent: Tuesday, February 07, 2012 11:16 AM
To: barony at cynnabar.org
Subject: [Cynnabar] BoC - Settlement funding discussion

Greetings unto the members of Cynnabar.

As I'm sure most, if not all, of you are aware, there has been a
settlement of the lawsuit against the SCA finally. In the end, in order
to meet with the settlement, the SCA Inc. is requiring all Kingdoms to
contribute 18% of their cash assets. This goes down to the individual
group (shire, barony) level. So Cynnabar must contribute 18% of our cash
assets to Kingdom which will contribute it to the Society level. This
must be done by this weekend (2/11/12) and we will be planning on
handing a check at Val Day directly to the Kingdom Exchequer. 

As far as what is our cash assets, it is only our checking account that
falls into that category, so it makes calculations easy (we have no CDs
or any other liquid assets to worry about). Now, here comes the fun
part...

The 18% calculation is based on the 2010 Doomsday. Our 12/31/2010
balance is $1840.36 which 18% is $331.26. 

However our 2011 balance as of 12/31/2011 is $6447.15, which 18% is
$1160.49

So our required obligation is only $331.26. 

First, the question of should Cynnabar contribute more to help the
Kingdom and SCA in this settlement case?  There are some things to keep
in mind when considering this:

-        This is a (hopefully) one time situation and the decision must
be made before this weekend. We do not have any meetings before hand so
all discussions will be done on-line or in individual phone calls.

-        We have already budgeted $600 to Kingdom (for the shade fly and
travel funds). This was done before the settlement announcement. So we
are already have funds earmarked for Kingdom.

-        If we contribute more than the 18%, how much more should we?

Second, some individuals have also expressed interest in contributing to
the settlement funds. There is an investigation going on right now as
the best way to make that happen. As soon as there is more information
on how this can happen, we'll let people know.

I feel that we should try to keep these transactions as simple as
possible. Therefore I suggest that:

1.      We determine what amount we will contribute to the settlement by
this weekend and that's what we send as far as monies that go directly
to the settlement.

2.      Individual contributions to the settlement should be made
directly to Kingdom/SCA (method TBD).

3.      Any fundraisers or means to replenish the funds will be done as
"normal" Baronial fundraisers and not tied into the settlement. We can
always know why we are doing the fundraiser, but it keeps the records
and financial books a lot cleaner. We can always tithe these monies
directly to the Kingdom later to help replenish our Kingdom's coffers. 

I think that if we follow the above three guidelines, it will keep
things clean and straightforward.

Now, onto the big discussion. How much should we contribute to the
settlement? The base 18% of our 2010 numbers ($331.26), or more?

In my opinion, I feel if we contribute the 18% of our 2011 budget
($1160.49), it is more accurate to what the Barony can support to
Kingdom and gives more than what is minimally required. 

I know that there are some that will feel that we should only give the
required amount and others that feel we should help out as much as we
can. There will not be 100% agreement on this. But I'm hoping that the
clear majority of people will let it be known how the Barony should help
out.

All feedback is needed and appreciated. If you feel like you need to
express your opinion in person rather than to the group list, feel free
to e-mail or call me (before 10:PM) at any time at 610-564-2249.

For more details on the lawsuit, the settlement, and the financial
impact this has had on the SCA, please see:
http://sca.org/BOD/announcements/settlement.html

Thanks,

Finn

Seneschal, Cynnabar

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