As I mentioned earlier under another heading, our stake accrues funds over a 4 year period in an AMFA account for a youth trek. It is done on a 4-year basis which allows every young man and young woman the opportunity to go 1 time. The trek is quite expensive when you consider feeding 150+ youth and adult leaders for almost a week, the period clothing which they make but the stake furnishes plans and materials for, rental of handcarts, etc., etc. Accrual over time is much easier to budget for than taking a lump sum from the stake budget account every 4 years. It could be done that way but what difference does it really make?daveywest wrote:As to the example of a stake taking funds for multi-stake activities: I fail to see why you would be collecting funds from another stake for an event 4 years out. Stakes retain unused funds for future budget expenses, so an individual stake keeping a reserve (in their own funds) for a future expected expense shouldn't be a problem. I would personally feel very uneasy about transfering large amounts of Budget (i.e. consecrated) funds to an AMFA account each year for this type of activity until actual expenses and allocations have been established.
Ditto our multi-stake youth conference. I never said nor implied that we as a stake were an accrual account holder for various stakes. They pay their own freight as we do, in their own manner. We will cut a check for whichever stake hosts the conference when the conference is over. How that concept got read in I have no clue. KQ