On Saturday, February 10, 2018, the Senate and Board of Directors met in Minneapolis, MN, the site of the WE18. This is the Annual Winter Senate Meeting, the second of two face-to-face meetings in FY18.
The first order of business was motion S-1808, an amendment to the Society Reserve Fund Document. The motion was prepared by a team made up of members of the Senate, Board of Directors, Board of Trustees, and the Finance Committee at the end of 2017, following a thorough review of the financial state of the Society. The motion and supporting documents were reviewed by the Senate throughout the month of January. After all risks were evaluated and concerns addressed, the Senate passed the motion without opposition on Feb. 10, 2018, and the document has been amended.
Throughout the rest of the meeting, updates from all of the Senate Sub-teams were given, and several discussion groups were formed to review and plan for the future of the Society as we move closer to the start of FY19. The 5-year Strategic Plan Task Force update included the strategic goals that have been drafted and provided to the Annual Strategic Planning Sub-team. The current strategic plan will end as of June 30, 2018, so the work of these teams is critical to success. The teams will continue to work on the plan and operational goals for FY19 in preparation for review and approval by the Board of Directors later this year.