November 2015 - Lnc-business - Moellman Enterprises Email

Proposed Agenda for LNC Meeting 11/14-15
by Nicholas Sarwark 10 Nov '15

10 Nov '15

All, Attached is my proposed agenda for the upcoming LNC meeting in Orlando. If you have additional items you would like added to the agenda that you are aware of at this time, please send me an email. -Nick

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Audit Committee, Bequest
by Gary Johnson 10 Nov '15

10 Nov '15

To the Audit Committee and the Libertarian National Committee, As the LNC member of the Audit Committee, I have read the November 10, 2015, "Staff General Comments with Regards to the Audit Committee" by Robert Kraus, the operations manager. Based on some of the information in the staff response, I have changed my mind on when the bequest from Mr. Shaber should be recorded from that it should be recorded in 2014 to that it should be recorded in 2015. Before I read the staff response, I was aware that the estate had notified the Libertarian Party in late 2014 of the bequest in the will. I was under the impression that, although probate had not yet occurred, the will did not appear to be contested. And I thought the dollar amount of the bequest was not in dispute. Based on those assumptions, I thought the bequest could be recorded in 2014. But, now, I believe the dollar amount of the bequest was not known in 2014. I did not realize or I did not pay attention to the fact that in 2014 the amount of the bequest was estimated and the estimate was changing significantly. I base my change of opinion on the following two paragraphs on page 2 of the staff response: "Time line of bequest: We were first informed about the bequest October 14, 2014 with an estimate of $50,000, shortly afterward told we would be receiving an unspecified amount more. Bill Hall, from discussions with the estate, estimated we might see an additional $200,000 for a possible total of $250,000.00 – however the total amount remained quite fluid for the later part of 2014 and the first half of 2015 with totals going up and down by a wide range. It was because of this inability to accurately determine the actual amount we would receive that the Treasurer, with the help of the auditor, came up with the policy described above. "We received the first installment of $33,400 from the trust February 25, 2015. We only just recently (September 24, 2015) received the “final amount” of the bequest – which totaled $235,575.20 ($202,175.20 remains in escrow). This is $14,000 less then the number we anticipated in 2014 yet $10,000. ABOVE the estimate used for the revised 2014 FS the auditor prepared per the audit committee chair’s demand to rebook the bequest (against management’s expressed wishes) into 2014 vs. 2015." After reading the staff response and after talking about this on the telephone with Bill Hall, I now believe the bequest should be recorded in 2015, not 2014. Gary Johnson 512-441-6378

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Ballot Access Committee Report
by William Redpath 10 Nov '15

10 Nov '15

Dear Colleagues: Here is the Ballot Access Committee Report. See you in Orlando. Thanks, Bill Redpath

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Chair's Report for upcoming meeting
by Nicholas Sarwark 10 Nov '15

10 Nov '15

Attached as Word and PDF. -Nick

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heads-up
by Alicia Mattson 09 Nov '15

09 Nov '15

Colleagues, I am in receipt of the Audit Committee report and will be forwarding those documents on after I send this message. I would like to say something first, based on closely watching others in LNC meetings for two terms and serving on it myself for two terms. *These are documents that you need to read in advance of the meeting.* Many committee reports are a couple of pages, and if we're in a rush the week before the meeting, we might just be able to skim them quickly during the meeting and get up to speed on what we need to know. I see this report is longer than that, and it contains a lot of supporting details. The Audit Committee will not have the luxury of time to explain these details to us from the ground up during the meeting. If board members don't read these materials in advance, our meeting will likely get bogged down with trying to educate the board about the underlying facts, when we should instead be discussing implications of the facts we've been given already and asking our questions not already addressed in the report. If we don't read this in advance, we'll certainly waste some time during the meeeting, and we may ultimately make uninformed decisions, which would be a shame. -Alicia

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Word files containing reports
by James Lark 09 Nov '15

09 Nov '15

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Various reports
by James Lark 09 Nov '15

09 Nov '15

Dear colleagues: I hope all is well with you. In a separate message I shall send you several Word files containing reports for your consideration. Specifically, I shall send you my Region 5, Campus Organizing, and International Representative reports. In addition, I shall send you the report of the Employment Policy and Compensation Committee in my capacity as EPCC chair. Also, I shall send a report concerning the 2016 Awards Committee in my capacity as chair of the 2014 Awards Committee. I hope you find these reports interesting and informative. As always, thanks for your work for liberty. I look forward to seeing you on Saturday. Take care, Jim James W. Lark, III Dept. of Systems and Information Engineering Applied Mathematics Program, Dept. of Engineering and Society University of Virginia Advisor, The Liberty Coalition University of Virginia Region 5 Representative, Libertarian National Committee Chair, Employment Policy and Compensation Committee LNC Representative, International Alliance of Libertarian Parties

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Region 8 Report for Nov mtg
by Rich Tomasso 09 Nov '15

09 Nov '15

Here is the Region report from post leaf-peeper season in the northeast. Enjoy. ~Rich LNC Region 8 Rep

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what you should have received from me
by Alicia Mattson 09 Nov '15

09 Nov '15

LNC members should have received 4 email messages from me. Two were sent via the LNC-Business email list (part 1 of Audit Committee report, draft audited financial statements). The other two (part 2 of Audit Committee report, management letter from outside auditing firm) were sent to your individual email addresses since they are marked as confidential. If you didn't receive all 4 documents, please let me know. -Alicia

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Fwd: Draft Audited Financial Statements
by Alicia Mattson 09 Nov '15

09 Nov '15

---------- Forwarded message ---------- From: Aaron Starr <starrcpa(a)gmail.com> Date: Sun, Nov 8, 2015 at 5:58 PM Subject: Draft Audited Financial Statements To: Alicia Mattson <agmattson(a)gmail.com> Cc: mcarling(a)cal.berkeley.edu, garyjohnson(a)rmail.com Madame Secretary, Please forward to the LNC the attached draft financial statements. We don’t expect any changes in the final version, which we hope to receive prior to the meeting, but understand that there is a Monday deadline for inclusion in the binders for the upcoming meeting. Aaron Starr (805) 583-3308 Home (805) 404-8693 Mobile starrcpa(a)gmail.com

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