Report on request for Access Ready Strategic

Report on request for Access Ready Strategic Social Purpose Corporation

 for-profit Board of Directors Action by 07-27-2020

Title, The corporate income and expense budget for 2020-2021

Issued on 07-20-2020

Honorable members of the Access Ready Strategic Board of Directors,

Under the bylaws Article VII Section 9 as Chair I am requesting that you vote on the following agenda electronically

A simple response to the Chair-CEO by email will be registered by the Chair-CEO and then filed with the corporate Secretary.

A notice of this action will then be placed on the Consent Agenda and included in the Board package for the next formal meeting.

Your vote in this format does have the force and effect of an action in a formal board meeting. The Consent Agenda vote is a formality intended to give the Board a second look at actions taken electronically. Please reply to all when responding.

The voting on this agenda will be open until 5 pm on (07-27-2020

A failure to respond will automatically register as an affirmative or yes vote on the agenda.

May it please the Board, the Chair-CEO respectfully requests that the Board consider and approve the attached income and expense budgets for 2020-2021.

The consolidated budget documents are provided in two separate documents in a narrative format. These along with the fully detailed budget documents that are quite lengthy have been reviewed by the ARI-ARS Joint Committee on Management (Dean Doulou Vice-Chair and Mickey Ellis CFO) and approved for recommendation to the Board for approval.

These budgets will be revised throughout the year as the picture changes and those changes will be reflected in the quarterly reports provided by the CFO.

The income budget does include some projected numbers, but the committee agrees they are realistic. The majority of the budget is based on hard income from existing revenue sources including VOTEC and Commonlook.

We expect a contract with Devoted Health later this summer which will only improve the budget situation further.

The expense side of the budget reflects those expenses supported by the income side.

The Budgets are balanced with a profit generated at the end of the year.

The fully detailed budgets are available if any of the Board wishes to review them.

Elizabeth Campbell Yes without objection

Gust Dean Doulou Vice-Chair, yes without objection

Debra Roberts-Bellanti yes without objection

John Medcalf Yes without objection

Mariano Tan Yes without objection

Donny Ward Yes without objection

Carol Westlake Yes without objection

Board of Directors Actions completed by 07-27-2020

Certified Corey R. Saur

Corporate Secretary