Time/Place
Time: 10:00am Eastern Time (US)
URL: https://lyrasis.zoom.us/my/fedora
Meeting ID: 812 835 3771
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Attendees
Tammy Allgood Wolf- Melissa Anez
- Chris Awre
- Thomas Bernhart
- Danny Bernstein
- Robert Cartolano
- Aaron Choate
- Sayeed Choudhury
- Stefano Cossu
- Jon Dunn
- Karen Estlund
- Dan Field
- Raman Ganguly
- Jennifer Gilbert
- Babak Hamidzadeh
- Neil Jefferies
- Mark Jordan
- Danny Lamb
- Rosalyn Metz
- Este Pope
- Scott Prater
- Robin Ruggaber
- Tim Shearer
Erin Tripp- Andrew Woods
- Dustin Slater
- Jennifer Vinopal
- Evviva Weinraub
- Jared Whiklo
- David Wilcox
- Wei Xuan
- Maurice York
- Laurie Arp
- Robert Miller
Agenda
Topic Financial Update Fedora 6 design decisionLead Laurie David
Previous Action Items
- Governance Group - Review subgroups and organization before end of June. Jennifer Vinopal Rosalyn Metz
- Maurice York and Robin Lindley Ruggaber to ask their teams how things are currently structured on disk to compare against the OCFL spec.
- Robin - the structure on disc is the way the Samvera stack structures them (for Fedora 4). Did not receive a satisfactory answer for Fedora 3. Not sure if we will move that forward. But we expect to be able to migrate.
Notes
Budget Overview and Quarterly Report:
Previous years not available due to differences in fiscal year accounting between Duraspace and Lyrasis. The complexity is too great. Robert's key number is the Net Assets. That keys him in on what resources he has to accomplish objectives.
Lyrasis views a positive revenue as a strength. Building up a reserve provides stability and flexibility and is a symbol of health.
Q: Since membership dues aren't a steady income, how are they handled?
A: Invoices go out at the beginning of the year. Institutions generally pay promptly. Lyrasis recognizes the income at 1/12th of the total per month.
Q: How do you managed delayed payments? Or Institutions that don't renew?
A: We initially expect the revenue to come in, as it is understood that it sometimes get delayed. However we quickly follow up with organizations. If people indicate they are not going to renew there is CEO/leadership engagement. We call the institution to understand the impetus for not renewing. We use this information to try to identify trends across the the 10 community supported organizations under the Lyrasis banner. This allows us to get ahead of the trend for other related products.
Q: When we look at this sheet how should we consider the total assets?
A: It follows accounting practices, so it includes reserves.
Fedora 6 Design Decision
Core issues and implementation options
Action Items