Hi Dan.
I’m glad you asked the question, as I suspect others have the same question.
We have been discussing the program plan and potential budget to achieve the basics of what’s in the program plan. i.e., the documents you distributed capture the proposed costs we need to cover in order to execute through 2021.
The step that “got skipped” is that we need to formally establish the fees that each member organization pays. This is actually an update to the charter, and is a formal requirement of the Steering Committee to do so.
By the way, for everyone’s benefit, once these fees are established, it’s expected that the fees will remain in place year-over-year. That is, while it is possible, we don’t typically see working groups revise their fees annually. This is to allow for more predictable budgeting for all our members.
Based on the discussion at the last meeting, and the fact that we are looking at an expense target of roughly $43,000, we are recommending the following fee table:
| Annual Corporate Revenues greater than $1 billion | $10,000 |
| Annual Corporate Revenues greater than $100 million but less than or equal to $1 billion | $8,000 |
| Annual Corporate Revenues greater than $10 million but less than or equal to $100 million | $6,000 |
| Annual Corporate Revenues less than or equal to $10 million | $4,000 |
| Annual Corporate Revenues less than $1 million and < 10 employees | $1,500 |
A few comments regarding this proposed fee table:
- the “revenue bands” match those in other working groups, and is consistent with our membership fee structure to enable organizations of all sizes to participate and to contribute fees proportionately
- using these bands, we will almost exactly cover the expenses that are identified in the draft budget that was distributed
- we believe these are consistent with the discussions that have been had to date
So, to your suggestion of moving to a vote - that’s fine, unless any other members feel there is a need for additional discussion. If we are moving direct to a vote, then we will put together two draft resolutions for the Steering Committee members to electronically vote on:
- Approve the fee schedule (once approved, these fees will remain in place until changed again by the Steering Committee)
- Approve the 2021 Program Plan and the 2021 Budget (we will approve these annually)
Hope this helps.
Thanks ... Paul
