IEEE Policies | 
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Section 9 - Activities of IEEE Organizational Units
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9.6 Section Reserves Good Section management strives to provide the best possible services to its members consistent with its resources. Sound financial management will consider not only funds available and anticipated, but also the uncertainties of planned income and expenditures. Section reserves should be adequate, but not excessive. As part of its financial plan, each Section is expected to define the maximum reserves appropriate to its operation, current and planned. As a general guideline, a reserve greater than three times the annual rebate, after known commitments and unusual requirements are deducted, would be considered excessive. There will be special cases where this may not apply. In special circumstances, such as being a good location for conferences, some Sections can provide outstanding services to their members and, in the process, generate surplus funds. In keeping with the policy of avoiding accumulation of disproportionately large reserves, systematic steps should be taken to step up the level of activity so as to best serve the interests and needs of the Section membership. This can be done through additional meetings, conferences, educational programs, publications, etc., or by putting these funds to work elsewhere in the IEEE, through MGAB, TAB, EAB, or other Sections, Chapters or Branches within the Region.The Regional Directors will continually review the implementation of this policy and investigate and recommend appropriate action in cases where reserves appear excessive.
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