TechOps CU: June 2022 Budget Statement
Budget category
Forecast
Actuals
Difference
Payments
Difference reason(s)
-
-
-
-
-
-
Compensation
61,946.20
61,946.20
0.00
-
-
Cloud Infrastructure
20,000.00
20,916.00
-916.00
-
AWS bills depend on usage that month
Tools
2,100.00
2,394.94
-294.94
-
Some tools bills depend on usage that month
Accounting
1,480.00
1,010.06
469.94
-
Sent less funds to Accountable than expected
Legal consultancy
1,000.00
0.00
1,000.00
-
Expected to be charged for legal services
Gas Fees
100.00
0.00
100.00
-
No gas costs due to big gas investment the previous month
Bank fees
350.00
100.64
249.36
-
Expected higher bank fees
Travel
5,000.00
00.00
5,000.00
-
No travel expenses booked
Total
91,976.20
86,367.84
5,608.36
93,227.25
Difference between Actuals total and Payments total due to positive balance with Accountable
2. Budget Forecast -- June 2022
July 2022
August 2022
September 2022
3 months
Qly Budget Cap
Monthly Budget Cap
Annual Budget Cap + Buffer
92,492.00
109,490.00
109,490.00
311,472.00
621,600.00
207,200.00
2,486,400.00
Forecast
July 2022
August 2022
September 2022
3-months Total
Qly Budget Cap
Compensation
67,612.00
84,610.00
84,610.00
236,832.00
218,000.00
Cloud Infrastructure
20,000.00
20,000.00
20,000.00
60,000.00
171,000.00
Tools
2,300.00
2,300.00
2,300.00
6,900.00
13,500.00
Accounting
1,480.00
1,480.00
1,480.00
4,440.00
7,500.00
Recruiting fees
0.00
0.00
0.00
0.00
15,000.00
Legal consultancy
1,000.00
1,000.00
1,000.00
3,000.00
12,500.00
Travel
0,000.00
0,000.00
0,000.00
0,000.00
15,750.00
Conferences and education
0.00
0.00
0.00
0.00
4,500.00
Gas Fees
100.00
100.00
100.00
300.00
-
Total
92,492.00
109,490.00
109,490.00
311,472.00
453,250.00
This overview is based on MIP40c3-SP54, TechOps' MKR Incentive Proposal - https://forum.makerdao.com/t/mip40c3-sp54-techops-core-unit-mkr-budget
Vesting Date
Original
Current
Change
Reason(s)
December 8, 2022
257.31 MKR
257.31 MKR
0 MKR
-
March 31, 2023
0.00 MKR
67.96 MKR
0 MKR
-
June 8, 2023
128.65 MKR
128.65 MKR
0 MKR
-
September 30, 2023
0.00MKR
33.98 MKR
0 MKR
-
December 8, 2023
128.65 MKR
128.65 MKR
0 MKR
-
March 31, 2024
0.00 MKR
33.98 MKR
0 MKR
-
June 8, 2024
128.65 MKR
128.65 MKR
0 MKR
-
September 30, 2024
0.00 MKR
33.98 MKR
0 MKR
-
December 8, 2024
128.65 MKR
128.65 MKR
0 MKR
-
March 31, 2025
0.00 MKR
33.98 MKR
0 MKR
-
Total
771.91 MKR
975.79 MKR
0.00 MKR
MKR Budget Cap 2,058.15.
The Change column indicates any changes in the MKR vesting amounts compared to last month, with the Reason(s) column indicating why the amounts changed. Reasons may include: FTE changes, Promotions, or Terminations.
Team members
Headcount
FTE (Full-Time Equivalent)
Facilitator/DevOps Engineer
2
0.8
DevOps Engineer
3
0.8
Operations Consultant
1
0.2
PM
1
0.5
Total
6
4.7
DAI Transfers -- June 2022