# Weekly Catchup \[23/09/2024] ### Agenda * Welcome New Observers * Updates since last meeting * Update on draft Budget * Open Items ### NOTES * The budget committee discussed updates from previous meetings and reviewed draft budgets from various committees and working groups. * There were concerns raised about the complexity of the budget process and the need for effective communication strategies. * The importance of risk management and process evaluation was emphasized. * The committee discussed plans to finalize the budget process, including risk analysis and community review, by early December. * There was a proposal to hold half-day sessions to cover multiple topics more efficiently. * The committee considered adopting a rolling forecast approach to budgeting. * Quarterly financial reviews with core services and hubs were proposed. * The need for detailed budget proposals, including contingency plans, was stressed. * The committee discussed the importance of involving all stakeholders, particularly mentioning Catalyst and founding entities. * Travel plans and schedule conflicts with other events were considered. * The committee's responsibilities, including managing funds and ensuring transparency, were discussed. * There was a debate on the necessity and amount of contingency funds. * The committee reviewed updates on various working groups and subcommittees. * Leadership changes within the organization were discussed, with emphasis on maintaining focus on key priorities, particularly the upcoming Annual Members' Meeting (AMM). * The importance of clear communication and delegation within the leadership team was highlighted. * Concerns were raised about potential structural changes and the need to prioritize the AMM and member-focused activities. * The committee discussed the need to streamline meetings and focus on essential tasks leading up to the AMM. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://committees.docs.intersectmbo.org/intersect-budget-committee/archive/2024-updates/september-monthly-update/weekly-catchup-23-09-2024.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.