The CCC Post ( Week of May 27 – June 2/11 ).
2011-2 CFC Budget – The Cooperative Chess Coalition ( CCC ) draws everyone’s attention to the fact that the new CFC fiscal year started on May 1. Our last year’s budget only went to April 30. Our question as members is what budget is CFC now operating under?
Last year the budget was presented by the Executive to the governors, and passed by them, prior to May 1, so there was a legitimate budget in place at the start of the year. Then when the new executive was elected in July, by Aug. 31 they had presented a “ revised “ budget for the governors to approve. This whole process seems awkward to the CCC. Our major concern is that it seems that the CFC Handbook gives little guidance on this whole issue of budgets. We think it needs amending to deal with this. And CCC suggests that one proposal to be studied is whether the process would be simplified by coordinating the fiscal year with CFC Executive elections – that is, move the fiscal year to Sept. 1 - August 31 –. We don’t think it is acceptable that CFC is running now on only an Executive budget, which has never even been presented – there is something wrong with the Handbook when this can happen.
Bob, CCC Coordinator
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