5: FINANCIAL VIABILITY
Conduct financial analyses before a final decision is made on whether the Council should undertake any activity and if so,
on what basis.
Other Information:
Once the above criteria are met, a proposed activity or strategy will require a financial analysis before a final decision
is made on whether the Council should undertake the activity and if so, on what basis. This process imposes a discipline on
screening attractive ideas and in allocating dues and other revenues in logical categories. In a larger sense, this framework
moves the Council in a direction needed to ensure the long-term health of the organization.We will be open to the potential
of shifting the Council’s current financial model in order to avoid being overly dependent on dues and special grants for
income.
Objective(s):
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