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Author Topic: The 55th Cosa Budget  (Read 363 times)

Offline Miestră Schivă, UrN

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The 55th Cosa Budget
« on: November 22, 2020, 03:00:04 PM »
WHEREAS the Organic Law directs that each government submit a budget by the second Clark of their Cosa term,

AND WHEREAS this bill has been approved by all members of the Cabinet; so

PART A: Appropriations Request

His Majesty's Government hereby submits to the Ziu a request for the appropriation of funds from the Royal Treasury totaling 356¤46 ($535.15) for the specific purposes and subject to restrictions as outlined herein:

  • Webhosting costs for nine months with DoRoyal: 53¤26 ($80.15)
  • Promoting Talossa's social media posts,  ℓ20 ($30)

for fees for a Registered Agent to represent Talossa as an Unincorporated Association under the laws of the State of Wisconsin, to enable us to formally hold property, 66¤40 ($100)

  • Prizes for cultural contests, 66¤40 ($100)
  • Honoraria for writers of articles for a new Talossan cultural magazine,  ℓ150 ($225)

FURTHERMORE, notwithstanding the above allocations, no funds shall be disbursed without a notice of disbursement having first been transmitted to the Ziu at least fourteen days prior to the disbursement, except that disbursements solely for the purpose of postage may be made with no less than 24 hours notice. Notices shall contain details of the purchase and a cost estimate for the purchase, or the total amount paid if seeking funds for reimbursement. Copies of receipts and/or invoices will be provided upon request to Members of the Ziu.

FURTHERMORE, any funds allocated by this section shall be retained in the central fund by the Burgermeister of Inland Revenue until such time as they are disbursed. Funds not disbursed prior to the end of the government term shall remain in the central fund.

PART B. Fundraiser, Minting, and Other Authorizations

FURTHERMORE, the Minister of Finance, or her appointed deputy shall undertake to create manage and promote a voluntary fundraising campaign,  to the citizens of Talossa and other interested parties over the course of the term,. The targeted amount for the campaign shall be ℓ325 ($487.50). The proceeds of seignorage, sales of stamps, TalossaWare proceeds, and other voluntary contributions shall be included in this total except as provided elsewhere. The expected income for the term is as follows:

    Proceedings of sales (Coins/Stamps/Talossaware) + Donations to the Kingdom: ℓ325 ($487.50)
    Registration fees for Cosa election: ℓ20 ($30)
    Registration fees for Senäts election: ℓ10 ($15)
    Interest on Talossa's bank accounts: ℓ5 ($7.5)

Total: +ℓ360 (+$540)

PART C: Investment Policy

FURTHERMORE, His Majesty’s Government hereby directs the Burgermeister of Inland Revenue to invest all held funds into an interest-bearing savings account unless or until otherwise directed or advised by act of the Ziu.
« Last Edit: November 22, 2020, 03:03:25 PM by Miestră Schivă, UrN »

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