avri@xxxxxxx wrote:
In thinking about this, I think about the fungibility of funds.
By having a common account, cash flow issues that might be an issue at
various points of the year can be dealt with more easily. For example
if funds are earmarked for meeting fees, but collections have not come
in time for the year's first meeting, it is simpler to deal with when
the funds come from a common account.
On the other hand, transparency requires the ability to inspect the
accounts that are pertinent to the IETF, its budget vs it projected
expenditure vs its actual expenditures. This can, I believe, be
adequately handled by so-called 'divisional accounting'.
Exactly. I think the -01 draft has it right, except that I propose
adding a sentence at the end of paragraph 5 in section 2.2:
All such funds and donations shall be irrevocably assigned to the IETF.
(Like my "irrevocable" for the intellectual property, this is
intended for the bolt-blowing situation.)
Brian
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