PSR: Budgetary Spending Levels: LLLI

Budgetary Spending Levels: LLLI

In the event of a 5-10% variance in the net income or expense, the Executive Director, in cooperation with the Treasurer has the authority to adjust spending levels based on the current financial situation and the needs of the organization. The adjusted spending levels will be presented to the Board in the monthly Treasurer’s report.

(Nov 82; rev Apr 93, Oct 20)