[802.3] Financial Transparency On Interim Financing
Gentle People:
Given the admonishment posted the reflector in the
last few days by our esteemed chair a question and a
potential new requirement for financial transparency
comes to mind.
Should there be more disclosure of the financing
of Interim meetings? In cases where the host bears
the whole cost I would think not as this would be
a private matter.
But what about cases where the membership is
requested to pay a meeting fee or pay an increased
hotel room rate for the meeting? In cases where the
membership is requested to pay all or part of the
meeting fees I would think is is appropriate to
require the full disclosure or the details of the
meeting financing!
Such details would include:
-Sources or revenue:
- The amount of host subsitity if any.
- The amount of fee increment added to the hotel
room rate above the market rate of the room.
-Spending structure:
- Meeting room rental.
- Equipment costs.
- Catering costs if any.
The bottom line is that if the individual members
are paying for the meeting with their fees they have
a right to know these financing details.
What do you think?
Thomas Dineen