Operating Budgets

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5a. Operating from Abundance

Craig Ragland

During the initial years of budgeting, it was frustrating to budget for "the extras" - special projects such as adding trellises, buying more trees, upgrading our guest rooms, electrifying outbuildings, etc. Doing this on an annual basis inevitably meant that projects would get informally proposed and then wait for months - until the budgeting cycle came around. Then they would go through a prioritization process in which various projects competed for the limited, indeterminate amount of funds that we could approve as a group – this meant that all of the "pet projects" proposed by various members and committees required everyone to compare and contrast the projects and decide which would be funded.

5. Learning to Manage our finances

The first three to four years were the most difficult for making decisions about how much money was needed to operate the community. We had limited historical data on which to base our projections,. Also, since we were still focused on completing old and new projects, we tended to project higher budgets and would find ourselves with a surplus at the end of the year. The question we faced in the next year was whether to roll the surplus into lowering next year’s cost or maintaining the surplus to complete the projects. We chose the latter option in the early years. After repeating this pattern for two to three years, it was agreed to not budget money for projects until the energy was available to do them. Budgeting was difficult and time-consuming in those early years. For the last three years, budgets have been approved with relative ease.

Let’s Talk About Money

Half Day Workshop: Wed 1:30 – 5:00

Price: $60

Many communities find themselves in conflict over financial and budget issues…and the current economic situation doesn’t help! Conflicts about money are really conflicts about values. In this experiential workshop we will discuss how to have useful conversations about our financial values - conversations that lead to greater understanding & connection as well as more effective financial decision-making.

PRESENTER: David Ergo & Eris Weaver (http://www.erisweaver.info/)
David Ergo has developed and conducted training seminars in financial management, communication and conflict resolution and served as a financial consultant to individuals and small businesses. He is a founding member of FrogSong in Cotati, California

Cohousing operating budgets 101

Adapted from a presentation at the recent 2006 Cohousing Conference by Yehudit Lieberman, Pleasant Hill Cohousing, and Laura Benedict, Eno Commons Cohousing

As the completion date of a new cohousing community nears, everyone is usually so preoccupied with construction schedules, escrow, packing, moving and so much more that it can come as a shock that it’s also time to plan how the community is going to do its bookkeeping and budgeting.

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