9. Fiscal Policy

BAYS fiscal year shall begin on January 1 and end on December 31 of each year. A budget for the forthcoming year shall be prepared by the Treasurer and approved by the Board.

Members shall pay the stipulated rate for each team registered in a playing season to BAYS to cover referee and referee assignor payments, technology, accounting and recordkeeping expenses, playoff administrative costs and fees, and other expenses associated with operating BAYS. Team registration rates shall be recommended by the Treasurer, taking into account the cash balance and budgeted expenditures. Rates must then be approved by a majority of the Board present and voting at a Board meeting. Rates for the fall season shall be approved no later than the previous March and rates for the spring season shall be approved no later than the previous August.   

Payments for team registrations are due by the dates published each season. Payments received after the published due dates will be subject to late penalty fees as set by the Board.

Members are responsible for all other costs of actually playing games, including, but not limited to, providing a properly marked field and a ball for home games.

The Board shall create and adopt policies regarding the hiring, management, compensation, and fringe benefits provided to BAYS staff.