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<p>I am amazed at the discussion on finance. <br>
</p>
<p>The governing bylaw is at
<a class="moz-txt-link-freetext" href="https://wiki.sugarlabs.org/go/Oversight_Board/Decisions">https://wiki.sugarlabs.org/go/Oversight_Board/Decisions</a> July 1,
2016.</p>
<p>Our Finance Manager is Adam Holt. He must authorize every petty
cash transaction (<$200) and the board must approve all other
transactions.<br>
</p>
<p>I am sure that in a given quarter, the number of approved
transactions is less than a dozen. <br>
</p>
<p>The quarterly report is the starting balance, transactions
reporting receipts, transactions reporting expenses, and an ending
balance. <br>
</p>
<p>I suspect all of this could be could be recorded on fewer than a
dozen 80 column punched cards. (About 10<sup>-6 </sup>GB). <br>
</p>
<p>Tony<br>
</p>
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