61RZ04 - The 61st Cosă Budget Act

WHEREAS, the Organic Law directs that His Majesty's Government submit a Budget by the second Clark of the current term of the Cosă,

SECTION A - Financial Report

THEREFORE, His Majesty's Government notifies the following financial report to the Ziu:

The funds of the Kingdom are held in accounts with the following balances (based on reporting from the Burgermeister of Inland Revenue as of 1 May 2025):

• Wells Fargo Checking: 417¤20 (US$626.00)
• Wells Fargo Savings: 872¤43 (US$1,309.08)
• Ally Bank Checking: 60¤03 (US$90.08)
• PayPal: 67¤52 (US$101.81)
• Venmo: 16¤40 (US$25.00)

Total: 1,434¤39 (US$2,151.97)

Between the 1 May 2025 Treasury report and the previous Treasury report as included in the Budget for the 60th Cosă, the following changes had occurred:

• Registration Fees: 16¤40 (US$25.00)
• Donations: 16¤40 (US$25.00)
• Expenditures authorized by the Budget for the 60th Cosa: -75¤20 (-$113.00) for gift card prizes and ID cards

FURTHERMORE, His Majesty's Government hereby submits to the Ziu a request for the appropriation of funds from the Royal Treasury, totaling 300¤00 (US$450), for the specific purposes and subject to restrictions as outlined herein:

• Ministry of Culture: 66¤40 (US$100) for cultural grants
• Ministry of Technology: 133¤20 (US$200) for speculative webhosting costs
• Ministry of Foreign Affairs: 33¤20 (US$50) for expenditure by the Bureau of Humanitarian Aid and International Development
• Ministry of STUFF: 33¤20 (US$50) for the issuing of ID cards
• Prime Ministry: 33¤20 (US$50) for supplemental funding to other appropriated funds, and for small expenses (eg. postage) by the Government and Royal Civil Service

FURTHERMORE, notwithstanding the above allocations, no funds shall be disbursed without a notice of disbursement having first been transmitted to the Ziu at least fourteen days prior to the disbursement, except that disbursements solely for the purpose of postage may be made with no less than 24 hours notice. Notices shall contain details of the purchase and a cost estimate for the purchase, or the total amount paid if seeking funds for reimbursement. Copies of receipts and/or invoices will be provided upon request to Members of the Ziu.

FURTHERMORE, any funds allocated by this section shall be retained in the Royal Treasury's accounts by the Burgermeister of Inland Revenue until such time as they are disbursed. Funds not disbursed prior to the end of the term of His Majesty's Government shall remain in the central fund.

SECTION C - Investment Policy

FURTHERMORE, His Majesty's Government hereby directs the Burgermeister of Inland Revenue to continue investing all held funds, except for an amount of liquidity needed for day to day operation up to half of the total of appropriated funds as listed in this Budget, into a high-interest savings account unless or until otherwise directed or advised by act of the Ziu.

Ureu q'estadra så,
Dame Miestră Schivă (Seneschal, on behalf of His Majesty's Government)