Law:Omnibus Finance and Budget Bill for the 49th Cosa

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Debate:Omnibus Finance and Budget Bill for the 49th Cosa

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

This amendment
is PENDING ratification.

Ziu 49th Clark 2nd
Sponsored by: Alexandreu Davinescu, Cresti Matáiwos Siervicül

Cosa.png Cosa: PENDING
PER 0 — CON 0 — AUS 0

Senats.png Senäts: PENDING
PER 0 — CON 0 — AUS 0

Digest of Laws

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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 Burgermeister 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
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 purpose

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.

Uréu q'estadra så:  
Alexandreu Davinescu - (Minister of Finance, representing His Majesty's Government), 
Cresti Matáiwos Siervicül - (Seneschal, representing His Majesty's Government)


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