SLA Silicon Valley Chapter — Event Budget Policy Statement

Regarding Silicon Valley Chapter Event Budgets and Financial Responsibility

In tandem with general economic trends, Silicon Valley Chapter has lost equity in the SLA pooled mutual funds. (We deposited our assets to the Association’s pooled funds 2 years ago.) As a result, Chapter leadership has determined it necessary to conduct business with a more conservative approach to fiscal responsibility.

For 2009 and 2010 Chapter leadership has defined a guideline to steer toward “break even” event management. This statement constitutes a “policy” requiring event planners (programming and other meetings, tours, professional development etc.) to arrange for event expenses to be covered by event income. For events that will not meet “break even” status, the exception is to be reviewed with Chapter leadership in advance of the event.

In other words, Chapter leadership advises that registration plus sponsorship should cover costs for events, to the maximum extent possible. And Chapter leadership would like to review exceptions on a case-by-case basis to determine if the Chapter budget can sustain any suggested under-writing.

Thank you to all event planners and participants for your contributions to our belt-tightening endeavors.

Leslie R. Fisher
2009 President, San Andreas Chapter SLA
July 22, 2009