King County Search Dogs

ARTICLE VIII- EXPENDITURE OF KCSD FUNDS, ASSESSMENTS, FINANCIAL GUIDELINES

8.1 The purchase of equipment or other property of more than five hundred dollars ($500.00) from the KCSD treasury shall be at the recommendation of the Executive Board and approved by two thirds (2/3) of the eligible voting members in good standing present at a regular or special meeting where a meeting quorum exists.

8.2 Expenditures of KCSD funds for normal monthly expenses, such as telephone costs, postage, pager rental, secretarial or newsletter costs or supplies, or fees due are specifically exempt from a requirement of general membership vote approval, provided that no single expenditure or vendor account exceeds one hundred dollars ($100.00) and all such expenses are reviewed and approved by the Treasurer.

8.3 Proposed expenditures of KCSD funds exceeding one hundred dollars ($100.00) for any single vendor or account for equipment, property or services, requires a meeting quorum of at least twenty-five percent (25%) of the eligible voting members in good standing be present at the stated regular or special meeting. To be approved, the proposed expenditure must receive a positive vote from two-thirds (2/3) of the eligible voting members present.

8.4 No KCSD monies shall inure to the personal benefit of any member. No assessments, other than for duly prescribed fees and dues shall be placed upon any member of KCSD.

8.5 Emergency operational expenses may be approved by a simple majority vote of the Executive Board with an accounting made of these expenses to the general membership at the next regular membership meeting.