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by Gary_Miller
Tue Jan 17, 2012 11:46 am
Forum: Local Unit Finance
Topic: Fast Offering Question
Replies: 5
Views: 1144

We had a "Sub for Santa" Other account, but this fund was depleted. While this may seem like a worthy cause it is an inappropriate use of the "Other Category". I suggest you review the information in the Handbooks and on the Wiki Site about the proper use of the other category . https://tech.lds.or...
by Gary_Miller
Tue Jan 17, 2012 11:13 am
Forum: Local Unit Finance
Topic: IROP Purchase (Distribution Center) - transfer money between budget categories
Replies: 16
Views: 3220

And keep in mind that a Distribution Center order can be assigned to several organizations using allenjpl's method. So the Clerk could order manuals for RS, YM, and YW and the Distribution Center expense can be correctly broken out to remove the appropriate amounts from each organization's budget. ...
by Gary_Miller
Wed Jan 04, 2012 12:02 pm
Forum: Local Unit Finance
Topic: Budget roll-overs and importance of deadlines
Replies: 22
Views: 2917

By the way, I would recommend that you discard any policies from 1995 and focus on the current Handbook. The general guideline you mentioned is still in Handbook 1, Section 14.7.2, so your point is certainly backed up by current policy. I only quoted from the 1995 policies in order to show that the...
by Gary_Miller
Wed Jan 04, 2012 11:45 am
Forum: Local Unit Finance
Topic: Budget roll-overs and importance of deadlines
Replies: 22
Views: 2917

By the way, I would recommend that you discard any policies from 1995 and focus on the current Handbook. The general guideline you mentioned is still in Handbook 1, Section 14.7.2, so your point is certainly backed up by current policy. I only quoted from the 1995 policies in order to show that the...
by Gary_Miller
Tue Jan 03, 2012 11:10 pm
Forum: Local Unit Finance
Topic: Budget roll-overs and importance of deadlines
Replies: 22
Views: 2917

RussellHltn wrote:Not anymore. :D


Baseline Budgeting is the correct term, so it was a good change.
by Gary_Miller
Tue Jan 03, 2012 10:33 pm
Forum: Local Unit Finance
Topic: Budget roll-overs and importance of deadlines
Replies: 22
Views: 2917

Well, that statement is far too categorical. There are very wise reasons upon occasion to reserve some funds in one year so that more funds can be spent in the following year. For example, a ward youth conference may be held every other year, and that may be a very good reason to spend different am...
by Gary_Miller
Tue Jan 03, 2012 10:01 pm
Forum: Local Unit Finance
Topic: Budget roll-overs and importance of deadlines
Replies: 22
Views: 2917

I think he's referring to the wiki, which identifies two different methods of budgeting: "traditional" and "activity-based." Correct. Oh, and welcome to the forums, Gary_Miller. You have my sympathies for coming into your calling during Tithing Settlement, but I assume you got through that okay. I ...
by Gary_Miller
Tue Jan 03, 2012 8:27 pm
Forum: Local Unit Finance
Topic: Budget roll-overs and importance of deadlines
Replies: 22
Views: 2917

The correct way is to use all the funds in the alloted year and not have a surplus or deficit. The funds are there to bless the lives of members through activities that appropriately build unity and testimonies. You can't do this if your not using the funds provided for this purpose. You can do it b...
by Gary_Miller
Tue Jan 03, 2012 3:57 pm
Forum: Local Unit Finance
Topic: Budget roll-overs and importance of deadlines
Replies: 22
Views: 2917

I think you misunderstood what was being presented. The description aebrown provides is a situation where one year's budget is affected by the previous year's expenses. No misunderstanding. In this case an expense in 2011 being debited against the 2012 budget. He is not creating a budget based sole...
by Gary_Miller
Mon Jan 02, 2012 1:35 pm
Forum: Local Unit Finance
Topic: Budget roll-overs and importance of deadlines
Replies: 22
Views: 2917

Building Budgets

[*]Specific auxiliaries have their individual budgets. If they are casual in submitting expense reimbursement requests, it will distort their annual budgets. For example, if the Young Men are allocated $1000 for their annual budget, and have activities that cost $1000 in 2011, but don't submit $400...

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