Budget

Decision has been made

Who made the decision: Sam Lee

When was the decision made: 02/12/21

Decision summary: In line with origional proposal. Have a two money pot system. POT 1 = fixed costs + small buffer, POT 2 = dreams donation pot. Use a dreams platform to distribute POT 2.

Trello actions:

• Finalise fixed costs of POT 1

  • Insurance

  • Buffer %

  • Accomodation breakdown clarification

• Set up dreams platform

  • Write guidelines

  • Decide on dates [Dependant on membership prcess]

1st AP of Celtic Burn 2022

AP - Budget:

My vision for Celtic Burn (in line with the constitution) is - "How can we get as far away from a traditional festival structure as we can" and "How to facilitate decentralised doing while still engaging amazing creation". Here is some interesting reading about "free black rock city burn" this year https://gisellebisson.medium.com/the-2021-renegade-peoples-burn-an-anarchist-alternative-to-burning-man-redefined-fire-ba7695b8e5dd

The way normal budgeting works is - A small group of people/ person forcast what the community needs for a given event and then notify the respective budgeted areas e.g. "gate- this is your budget". Then add a buffer to that total budget and divide by number of members. A step above this is that the respective areas get together first to estimate their needs and feed into the budget creation.

Budget Proposal: A small working group has a meeting to establish our FIXED costs + a small buffer. That total is divided by number of people, and all people pay that base cost into POT 1 (e.g. £40).

POT 2 is a donation based pot for all the extra things that the community decides it would like. When people purchase their membership (POT 1) they are equally presented with POT 2 to donate into. When all memberships have been taken and all donations made, POT 2 becomes our total "dreams" budget.

How to fund dreams? - Use a dream grant type process where Dreamers creat "profiles" for their dream e.g. MAKE THE GATE NICE AGAIN with a description + budget, then on a given date the most highly "voted for" dreams are funded. For me this really ticks the boxes of Inclusivness, Co-creation and Decentralisation.

Decision deadline - 3 days after next meeting (2th Dec)