= Current Budget =

 * 134 Members
 * 160 Pledges
 * $5/month/pledge

 * Income
   * pledges: $800
   * members: $680
 * [[HcoopBudget|Current Monthly Expenses]]
   * $969.85
 * ''''Deficit: $169.85'''' ($1.06/pledge, $1.26/member)
 * 34 additional pledges needed to break even (60 additional members
   without pledges)

== Questions ==

What is our accumulated  peer1 deficit?

= Migration Expenses =

 * Server Hardware: $3500
 * New Colocation: ~$600/month * 2 
   * Actual cost pending
   * We would be carrying this in addition to peer1 for up to 60 days

== Migration Cost Per Member ==

 * 2 months at both colos
   * Pledges: $29.38
   * Members: $35.07
 * 1 month at both colos
   * Pledges: $25.64
   * Members: $30.60

= Dues Restructuring =

== Overview ==

 * Dues pegged to {{{ceiling(recurring expenses / pledges)}}}
 * The board would be authorized to add $0-$3 per share for projected
   non-recurring costs and debts
 * Dues would be adjusted quarterly based on new costs and member counts
 * Plan would be enacted for November billing cycle

== Short Term Increase ==

All numbers involving new setup are pending known colocation cost.

Assuming 160 pledges

 * Adjusted to November Real Cost = ~$1561.60
   * Pending known value for new colocation
 * Per pledge: $9.76 ($10)
 * Surplus: ~$38.40 (too insignificant to count)
 * No debt repayment / non-recurring costs adjustment

=== End Peer1 Dec 1 ===

 * December real cost:$711.60
 * Surplus: ~$888.40
   * Per Pledge: $5.55
   * Per Member: $6.63

 * Remaining migration debt Feb 1: $2323.20

== Dues adjusted Feb 1 ==

 * Adjusted to February real costs: $711.60
   * Per pledge: $4.45 ($5)
   * Per member: $5.31 ($6)
 * Additional debt-repayment surcharge: $2
 * Surplus (@ $7/share)
   * With pledges: $408.40
   * Without pledges: $226.40

 * Remaining migration debt May 1: $1644.00
  * Not terrible; completely paid off by the end of 2010

= Numbers Look Better With New Members =

Each new member joining before quarterly adjustment is paying 100%
toward migration debt / expansion funding.

New members therefore essentially pay for the capacity expansion
required to handle them.

= Long Term Reduction =

With 300 members:

 * Projected real costs: $711.60
   * Per member: $2.37 (3)
 * Expansion fund: $1
 * Total cost: $4
 * Monthly surplus: $488.40

This is feasible within a year given our new hardware.

= Related Ideas =

== Join National Cooperatives Bank ==

A while ago we looked at leaving Wells Fargo and joining the [[http://ncb.coop|NCB]], but the discussion died with no resolution. Do we quality to have a business account with NCB? If we do we might qualify for an interest bearing checking out.

== Moving Member Deposits to an Interest Bearing Account ==

We could open an account for storing member deposits into a savings or similar type of account and perhaps make a small amount of interest. Member deposits tend to not be touched often (if needed only the lower 2/3 of the balance could be stored in the interest bearing account), and so would be ideal for storing this way. What are the rules for HCoop as a non-profit corporation with regard to interest? Do we have to disburse gained interest to member balances, or could it instead go into a general use fund?