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RZ4 - Omnibus Finance and Budget Bill for the 49th Cosa

Published in Clark #2

• A. Financial Report
  
  B. Appropriations Request
  
  C. Fundraiser Authorization
  
  D. Investment Policy

WHEREAS el Lexhatx directs the Minister of Finance to provide the Ziu with a complete accounting of the Kingdom’s assets, recent income and outlays, and the status of our currency, and


WHEREAS el Lexhatx further directs the Government to submit a budget requesting appropriations for planned projects,

• A. Financial Report

THEREFORE His Majesty’s Government does hereby report to the Ziu, in keeping with Lex.D.2.8.1, the following financial report and balance sheet, accurate as certified by the Burgemeister of Inland Revenue as of 13 Feb 2016/XXXVII:

Funds	1268¤28 ($1,902.69 USD)	Kingdom of Talossa savings account, held in trust by Burgermeister of Inland Revenue Istefan Perþonest.
	170¤58 ($256.46 USD)	Kingdom of Talossa PayPal account for online transactions (stamps@kingdomoftalossa.net)
Non-Monetary Assets	503*20 ($ USD)	Value of 503 0¤20 stamps in circulation
	665¤67 ($ USD)	Value of 1,997 unsold 0¤20 stamps held by Burgermeister of Inland Revenue
Printing & Minting Transactions	ℓ0 ($0 USD)	None on record
Changes During the 48th Cosa (since 26 Nov 2015/XXXVI)	33¤42 ($50.55 USD)	Party registration fees
	3¤20 ($5 USD)	Donations to the Treasury
	6¤40 ($10 USD)	Entry fees for BHAID turnout competition
	0¤19 ($0.47 USD)	Interest
	-1¤6 (-$1.65 USD)	PayPal fees
Appropriated Funds During the 48th Cosa (since 26 Nov 2015/XXXVI)	13¤20 ($20 USD)	United for Péngöpäts adoption of an emperor penguin
	33¤20 ($50 USD)	Seneschal’s Chain of Office
Actual Expenditure During the 48th Cosa (since 26 Nov 2015/XXXVI)	11¤20 ($17 USD)	United for Péngöpäts adoption of an emperor penguin
Current Value of the Louis	1.50	USD
	1.95	CAD
	1.05	GBP
	1.32	EUR
	1.44	CHF
	2.17	NZD
	1.95	AUD
	167.43	JPY
	9.72	RMB

B. Appropriations Request

FURTHERMORE His Majesty’s Government hereby submits to the Ziu a request for the appropriation of funds from the Royal Treasury totaling 733¤33 ($1,100 USD), allocated as follows and for the following purpos

Prime Ministry	Miscellaneous or unexpected expenses.	33¤20 ($50)
	The purchase of a Seneschal’s chain of office.	66¤40 ($100)
Finance	The minting of collectable tokens in the denomination of one louis.	ℓ400 ($600 USD)
STUFF	Advertising and/or promotion of the nation	66¤40 ($100)
Interior	Advertising and/or promotion of the nation within the GTA	66¤40 ($100)
	The purchase of production materials for the making of identification cards.	33¤20 ($50)
Foreign	BHAID assistance and infrastructure funds.	66¤40 ($100)

• C. Fundraiser Authorization

FURTHERMORE the Seneschal of the Kingdom of Talossa, or his appointed deputy, shall undertake to create, manage, and promote a voluntary fundraising campaign to the citizens of Talossa and other interested parties over the course of this term.  The targeted amount for this campaign shall be ℓ40 ($60 USD), in accordance with the direction of Lex.D.2.1.5.4.  The fundraising campaign will end once this target is reached, and no more than one fundraising campaign is authorized.  The proceeds from seigniorage, sales of stamps, contributions from official Supporters of Talossa, and other moneymaking schemes shall be counted towards this fundraising target if the Seneschal, or his appointed deputy, so choose.

FURTHERMORE the Minister of Finance of the Kingdom of Talossa, or his appointed deputy, undertake to create, manage, and promote a voluntary fundraising campaign to produce supplementary funds for the production of coins to the citizens of Talossa and other interested parties over the course of this term.  On this basis shall the number of coins minted be determined, as decided by the Government based on the interest expressed and funds raised.

 D. Investment Policy

FURTHERMORE His Majesty’s Government hereby directs the Burgermeister of Inland Revenue to continue to invest all held funds into an interest-bearing savings account, but to keep an additional separate tally of all income to date that has been derived from the sale of stamps.

49th Cosâ, Clark #2 results		Amendment?	Ziu	Cosâ				Senäts
Bill	Title		Result	Për	Contrâ	Abstain	Result	Për	Contrâ	Abstain	Result
RZ4	Omnibus Finance and Budget Bill for the 49th Cosa	No (double majority needed)	Pass	132	54	0	Pass	6	2	0	Pass