PACK FINANCIAL OBLIGATION PLAN

January 1, 2017

Pack dues is set at $10 a month due and payable by the first of each month.  It is preferred that the dues be paid for the entire calendar year during January or at joining Pack 46.

During popcorn sales in August-October, the Packs commissions based on the individual’s Cub’s sales will be placed in the Cub’s account up to the first $500 of sales.The actual commission percentage paid to the Pack will prevail.  This will be between 25%-35%.   At $500 in sales this would mean between $125-$175 would be deposited into the Cub’s account.  Normally the commission is provided to the Pack in November.  This is when the Cub’s account will be updated.

After the first $500 in sales, commissions will be split 50/50 with the Cub and the Pack.  Other fund raising events will also be split 50/50 unless the Pack Planning committee states otherwise prior to the fund raising event.

The Cub account is set up to pay dues, registration, day camp, family camp, or any other expense directly related to Cub Scouts, as determined by the Cubmaster or Committee Chair prior to the expense.  The money in the Cub account must be used by the following year it was earned.  Money in the Cub account belongs to the Pack, not the individual Cub, and cannot be paid out except for a Cub Scout related expenses.  If a Cub leaves the Pack the Cub’s account will revert to the Pack’s general account. The only exception is if the Cub leaves the Pack to join Boy Scout Troop 46.  In this case, the money is transferred to a Scout account with Troop 46.

A Scout may assign his set aside credits to another Cub or Boy Scout (a Scout is Kind).   The assignor must be a current Cub Scout in good standing and the donation must be a genuine act of kindness without regard to compensation with the donation subject to the approval of the Pack Planning Committee.

This does not change any Den Dues requirement which cannot be more than $2 per meeting at the discretion of the Den Leader for crafts and Den expenses.  

PACK FINANCIAL OBLIGATION PLAN

September 2013 – August 2014

Pack 46’s Pack Planning Committee has determined that each Cub in the pack will have a requirement to provide $150 a year in Pack dues to cover the expenses of running the Pack. 

The Cub’s Pack Dues can be credited by any amount earned through popcorn sales.  This will be approximately 30% of the dollar of sales.  The actual commission percentage paid to the Pack will prevail. This would mean that if a Cub sold $500 worth of popcorn, he would have met his dues requirement.  If he sold $250 worth of popcorn, he would still have a $75 dues obligation.  (Amount of sales multiplied by .30 equals the amount of credit)

If a Cub does not sell enough popcorn to satisfy the dues requirement, ½ of the remaining dues would be paid the first week of January and the other ½ would be paid the first week in June. 

A $30 campership for day camp or residence camp, to be used within one year, will be credited for all dues totally paid by January 15, 2014.

The Cub will also be credited ½ of the commission on sales above $500 to be put in a credit towards any Scout expense, provided the expense is within one year and the expense was pre-approved by the Pack Planning Committee.  Den events must be pre-approved by the Pack Planning Committee to use credits from popcorn sales.

A Scout may assign his set aside credits to another Scout (a Scout is Kind).   The assignor must be a current Cub Scout in good standing and the donation must be a genuine act of kindness without regard to compensation with the donation subject to the approval of the Pack Planning Committee.

A new Scout’s dues obligation will be prorated until the end of the Pack’s fiscal year.

This does not change any Den Dues requirement which cannot be more than $2 per meeting at the discretion of the Den Leader for crafts and Den expenses.  

Approved by the Pack Planning Committee 7/14/2013

PACK FINANCIAL OBLIGATION PLAN

Approved by the Pack Planning Committee August 5, 2012

Pack 46’s Pack Planning Committee has determined that each Cub in the pack will have a requirement to provide $150 a year in Pack dues to cover the expenses of running the Pack. 

The Cub’s Pack Dues can be credited by any amount earned through popcorn sales.  This will be approximately 30% of the dollar of sales.  This would mean that if a Cub sold $500 worth of popcorn, he would have met his dues requirement.  If he sold $250 worth of popcorn, he would still have a $75 dues obligation.  (Amount of sales multiplied by .30 equals the amount of credit)

If a Cub does not sell enough popcorn to satisfy the dues requirement, ½ of the remaining dues would be paid the first week of January and the other ½ would be paid the first week in June. 

A $30 campership for day camp or residence camp*, to be used within one year, will be credited for all dues totally paid through popcorn sales.

The Cub will also be credited 15% of sales above $500 to be put in a credit towards any Scout expense, provided the expense is within one year and the expense was pre-approved by the Pack Planning Committee.  Den events must be pre-approved by the Pack Planning Committee to use credits from popcorn sales.

A Scout may assign his set aside credits to another Scout (a Scout is Kind).   The assignor must be a current Cub Scout in good standing and the donation must be a genuine act of kindness without regard to compensation with the donation subject to the approval of the Pack Planning Committee.

This does not change any Den Dues requirement which cannot be more than $2 per meeting at the discretion of the Den Leader for crafts and Den expenses.  

*”or residence camp” added at May 5, 2013 Pack Planning Committee Meeting