[Cadre-politics] finance status / fiduciary responsibility

Dan MacNeil dan at thecsl.org
Sat Jul 14 13:15:22 EDT 2007


Those of us with fiduciary responsibility  (the board) are probably most
interested in our cash flow [1]

	[1] http://thecsl.org/sys/finance.d/cash_flow.xls

Executive Summary: We're almost certainly good until at least December.

As an aid to concentration, I've inserted a few errors. There are a few
expenditures that violate our financial policies and one very optimistic
revenue projection.

The first board member to point out these errors wins a gold star. If
you aren't on the board and you point them out, maybe you could be
nominated.

As far as the details, the checkbook register [2] is the best guide:

	[2] http://thecsl.org/sys/finance.d/checkbook.xls

In my small experience, management keeps payroll secret to:

	Avoid the emotionally difficult task of
	explaining to some people why they
	have a low market value.

	Keep communication in the market
	poor, so people don't know their
	market value.

	Hid management's tendency to
	abuse their power and over pay
	themselves.

Given that transparency is our first financial principle. You might be
curious about my [3] and John's payroll [4]

	[3] http://thecsl.org/sys/finance.d/payroll.d/payroll_dan_2007.xls

	[4]
http://thecsl.org/sys/finance.d/payroll.d/payroll_john_2007.xls

I'm  pretty happy w/ my check. It is a bit more money than I made last
year working for the CS Dept. I got to collect it all at once. Finally,
according the global rich list [5], I'm in the top 13% of wage earners
in the world.

	[5] http://www.globalrichlist.com/

I'm also (relatively) happy with John's Check, He's not getting paid
close to his market value and he has to buy his own health insurance.
However he is making a living wage. Which for those of us who aren't
married to Laura, is a prerequisite for sticking around. John sticking
around is a prerequisite for mvhub to keep getting better.

Of course all this transparency stuff might strike you as the moral
equivalent of opening up the raincoat and showing the world your private
bits. --I'm open to anyone that wants to rant on this subject.


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