RE: [802SEC] 802 Plenary registration fees
Bill, I suggest we just go for the $300/$350 to ensure we get to the safe
level soon, and then if we are seeing an ongoing revenue surplus at that
point we can back it off to match our actual run rate. We have not raised
the meeting fees in over 4 years, and our fees are low relative to other
groups such as IETF.
Thanx, Buzz
Dr. Everett O. (Buzz) Rigsbee
Boeing - SSG
PO Box 3707, M/S: 7M-FM
Seattle, WA 98324-2207
(425) 865-2443 Fx: (425) 865-6721
everett.o.rigsbee@boeing.com
-----Original Message-----
From: Bill Quackenbush [mailto:billq@attglobal.net]
Sent: Tuesday, October 08, 2002 4:17 PM
To: IEEE 802 SEC
Subject: [802SEC] 802 Plenary registration fees
Members of the SEC,
As I indicated in the Treasurer's report at the closing SEC meeting in
July, we need to increase the Plenary meeting registration fees in order
to maintain a reserve adequate to cover the worst case meeting
cancellation penalties. This criteria requires that 802 maintain a
reserve of at least $125k to cover the worst case primary hotel contract
cancellation penalty. To achieve this, the Plenary meeting fee must be
raised to at least $275/$325 beginning with the March, 2003 Plenary
meeting. I have not yet reviewed the secondary hotel contracts.
Depending on the penalties in these contracts, the increase may need to
be greater.
The budget through 2003 assuming $275/$325 registration fees is attached.
While it appears that the Treasurer does not need approval to set the
Plenary meeting fees (Section 2 of the LMSC Operating Rules), I request
your support for an increase in the Plenary registration fee of at least
$25, but no more than $50 beginning with the March, 2003 Plenary meeting.
Thanks,
wlq