straw poll update and reminder
James Carlson
carlsonj at workingcode.com
Sat May 23 13:52:26 EDT 2009
We're still looking for responses to the straw poll that I sent out on
Thursday:
http://www.workingcode.com/pipermail/eefc-core/2009-May/000243.html
Please don't forget to weigh in as soon as possible, even if you're
not planning to join at this time. A simple "yes" or "no" will do.
I'd like to wrap this up early next week so that we can get a message
out to the rest of the prospective members -- and so that we can start
moving on that nice airplane. It might not last!
So far, we've got two "yes" and one "maybe" vote. I was talking
off-list with one of the participants who suggested a slightly
different plan to offer. It includes a non-refundable[1] buy-in of
$400, and uses low-side estimates to get the monthly dues down to
$110, relying on that buy-in to provide a cushion in case the low-side
numbers are wrong. It also turns that "maybe" into a "yes." The
updated spreadsheet (showing both options) is here:
http://www.workingcode.com/eefc/spreadsheet-jdc.xls
If that change (from $175 to $110 per month) makes a difference in how
you'd vote, please do comment on that in your reply. (The total
savings in the first year for each member would be $380, primarily
coming out of those lower cost estimates.)
Either way, the plan would be to run the club for one year under this
scheme, and then re-evaluate the financial situation based on actual
expenses and reserves required in a member's meeting. We would then
have to agree to modify dues up or down as needed to maintain a
solvent club. (The spreadsheet should be helpful in doing "what if"
tests to see how those changes might come out.)
1. The "non-refundable" part is probably something that could be
dealt with on a case-by-case basis if members must leave the
club. We may need to deal with contingency plans later.
--
James Carlson 42.703N 71.076W <carlsonj at workingcode.com>
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