PASS Budget News By Bill Graziano Our budgets tend to be fairly conservative and we try to budget at break-even or a small profit. After accounting for additional costs we’re roughly estimating a 10% profit for fiscal year 2012. Over the last two weeks the Board approved a number of motions that used some of this windfall to increase our budgets in key areas. First, anything that we don’t spend will eventually end up in our reserves. Our goal is to spend less than $200,000 of our profit and allow the remaining $300,000+ to flow into reserves. The downside of allocating that money to reserves is that we’ll be taxed on any profit for FY2012. PASS is a not-for-profit but isn’t tax exempt. In the PASS budget, the vast majority of our revenue comes from the Summit and that’s where we spend most of our money (our revenue was higher than projected for Summit 2011 hence the profit we’re seeing for fiscal year 2012). Read more. ![]() DBA: Mirroring Start to Finish, Feb. 22, 12pm ET DW/BI: A Lap Around Data Quality Services 2012, Feb. 28, 12pm ET SQLSaturday #103 - Curacao, Feb. 25 SQLSaturday #108 - Redmond, Feb. 25 See more events |
· SQL Rally 2012 – Progress Report – Sri Sridharan · Speaker at PASS DBA Virtual Chapter – Ryan Adams · SQL Community: SQL Saturday - Tim Costello · Speaking at 24HOP on March 21 – Mark Tabladillo |
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Wednesday, February 22, 2012
PASS News
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