A word from our newly appointed Treasurer!

Hey Guys,

I am the new treasurer for SBFC!! Hope you guys can give me the fullest support!!

I shall summarise some of the keys pt during our meeting at BATAM Conference on the treasury portion:

1. Our captain Sparrow has the intention of beefing up our fund but also have to decide a limit which the fund can be raised to prevent the misuse of the fund
   
   
2. Fine system for being late will be converted to a collective work order. For instance, Instead of paying money, the late person shall have the initiative to buys drinks after the match / the next match. Nt neceessary have to be drinks, can be other forms as well which the late person can think off. But bottom of the line, we are already adults, should have the basic discipline and sense of punctuality. We do not want to remind each other again and again for this issue.. so Step Up, guys!!
   
   
3. Members. has also bought up on how exactly the fund shall be used to ensure fairness for all the contributors. I will maitain the list. Note this list is not the finalised, so feel free to comment on the list or better suggestion then we can make necessary changes based on majority votes.

Mode of Contribution of Funds

I have suggested to contribute the fund quarterly with a max of $10each time. Thus the month of contribution will be:

• January
• April
• July
• October

I will remind all of us via either SB Blog or SB facebook. All of us will have the entire one mth (stated above) to make the contribution. Thus excuses of being no time, forget ect.. will not be tolerated. The contribution can be either by cash / interbanking.

Max Amount of Fund

The maximum fund will be capped at $500. Once this amount made and the fund is still not spent, we will stop contribute till the fund fall much below.

Usage of the Fund

1. Costs incurred for SB activities. (Prizes, food, props etc..). Do note the definiton of SB activities, it only applys to activities that all SB members are to be invited such as our team bonding trip, AGM etc.. AND at least 75% - 80% of the members turn up for the event.
   
   
2. Things which may require by SBFC occassionally such as purcahse of soccer ball, ball pump, goalkeeper glove etc..

To ensure the fund are not abused, I will keep a spread sheet on the fund contribution to be vetted by our Captain Sparrow or a member of SB can be appointed to audit the funds. As for the template I have not come out yet. But most probably will include on how much each member contributes and how much was spent for the past activities etc.

Posted on behalf of Lusty Seng