Treasurer's Report as of 2011-12-31

Martin Michlmayr tbm at
Thu Feb 9 08:10:09 UTC 2012

* Michael Schultheiss <schultmc at> [2012-01-12 14:01]:
> Income Statement
> for the Period December 01, 2011 - December 31, 2011

I have two questions regarding this Treasurer's Report:

>         Fluxbox                          1,669.85
>         SPI 5%                             924.66
>         Total Ordinary Income           58,446.84

The SPI 5% listed is not 5% of the total income.  I can see at least
the following differences:

Debian: 5% of 9996.42 is 499.82 vs 201.16 SPI 5% 5% of 225.00 is 11.25 vs 7.50 SPI 5%
LibreOffice: 5% of 27365.00 is 1368.25 vs 93.25 SPI 5%
PostgreSQL: 5% of 4620.00 is 231.00 vs 56.00 SPI 5%

I found this page on the old SPI web page
which suggests that the 5% is not taken from every transaction
("Second, in some cases such as special grants the 5% may be waived at
the Treasurer's discretion.").  Is this the case here?

If so, it would be great if the board could review this document from
the old web page, approve it and move it to the current web site.
(And maybe explain what "Treasurer's discretion" means in practice.)

Second, Fluxbox is listed to have income of 1669.85 USD but Fluxbox is
not listed to have had any expenses.  Since I cannot find Fluxbox
among the list of cashed checks, I would have expected there to be
expenses for Processing Fees and the SPI 5%.  Can you clarify if this
is an omission or something else? (Ah, I just noticed that Fluxbox has
total assets of 1669.85 USD and is a new project, so presusmably this
was a transfer of existing assets to SPI which didn't incur processing
fees and the SPI 5%.  Is this correct?)


Martin Michlmayr

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