From d7255d2aaa2e7d439d4ef7f61bdc10eb147b2c09 Mon Sep 17 00:00:00 2001 From: Anthony Correa Date: Fri, 27 Feb 2026 15:48:40 -0600 Subject: [PATCH] add buffer funds an refunds, rebate, credit --- docs/02-league-policy.md | 4 +++- 1 file changed, 3 insertions(+), 1 deletion(-) diff --git a/docs/02-league-policy.md b/docs/02-league-policy.md index def65fe..e97ea13 100644 --- a/docs/02-league-policy.md +++ b/docs/02-league-policy.md @@ -21,7 +21,9 @@ The proposed budget shall include, at a minimum: 1. Annual Member Franchise dues and payment schedule; 1. Other anticipated sources of income; -1. Expected expenditures for the operating year. +1. Expected expenditures for the operating year; +1. Any reserve or buffer funds; +1. Any applicable plans for refund, rebate, or credit of funds to Member Franchises The proposed budget shall be presented to the Board for review and approval. Upon approval by the Board, the budget shall constitute the official League Budget for the applicable fiscal year. The approved League Budget shall be shared with all Member Franchises on an annual basis for informational purposes.