Dues increase proposal/CPI
Some of you might have read or heard recently that inflation is currently at zero percent (See Ed Dolan's blog post for a pretty good analysis). The recent proposal for dues increase put before the board pegs dues increases to the CPI starting in 2014.
I'd like to suggest that without any additional investigation and input from the financial strategies task force, the board is not in a position to make any decision on a dues increase, especially one that ties it to an index that may actually force us to decrease dues, as some economists are predicting deflation in the coming quarters.
So I am making a motion to table any further action on the part of the board until it has recieved it's final reccomendation on the issue of dues increases from the financial strategies task force. The language for this motion would read something like this:
"LITA board will refrain on making a decision about dues increases until it has given the financial strategies task force an opportunity to examine the issue and make a formal reccomendation to the board, including breifing the board on any potential issues that may impact or compound the board's decision."
I'm looking for a second on this motion and opening this issue up for discussion now. That might include changing the language of the motion or any other issues or concerns you all have regarding this motion. I'll put up a poll after discussion.