CCN Board Of Directors Meeting December 15, 1998 Present: Michael Colborne, Richard Rudnick, Sharon Parker, Joyline Makani, Doug Rigby, Sue Newhook, David Murdoch, Andrew Wright CCN Budget To December 31, 1998 FIXED EXPENSES Operations (includes phones, modems, and office costs) TOTAL $48, 000 VARIABLE EXPENSES Salary $20, 000 REVENUES Memberships $70, 000 ASSETS Bank Balance $27, 000 CCN Projected Expenditures - 1999 EXPENSES Operations - Salaries $25, 000 Connectivity $48, 000 Additional Lines $ 4, 500 Committees 1. Operations $10, 000 2. IP Committee $ 4, 000 3. Membership $ 4, 000 4. Volunteers $ 4, 000 5. Technical $10, 000 6. Communications $ 6, 000 TOTAL $115, 500 REVENUES 400 PPP Users @ $100 $40, 000 Text Based Users* $50, 000 IPs $ 2, 500 IP VDNs 5x$100 $ 4, 000 *Text Breakdown 400 < $20 2000 @ $20 2660 @ $50 25 @ $100 Motion: That the Board adopts the Budget. Moved, Michael Colborne; Seconded Doug Rigby. Passed. Motion: That David Murdoch be invited to sit on the Board. Moved, Michael Colborne; Seconded Sharon Parker. Passed. Next Meeting: January 5 at 6:00 at the North Branch Library Minutes prepared by Joyline Makani