Ralph Lloyd to Board and Damon: Illegal spending

From: Ralph Lloyd

Sent: Friday, January 20, 2006

Subject: STRS Board actions

To: STRS Board, Damon Asbury, et.al.

In response to the last Board meeting on 18-20 January 2006, any expenditure of an elected board MUST be voted on by the membership of that Board. What you did by allowing the increase in the STRS workers paychecks was in violation of Roberts Rules of Orders. In fact, any expenditure without BOARD approval is illegal. Does this mean any expenditure?, yes. Any raise, any bonus, any bill, must all be voted on in the General Meeting. You may, however, vote for x dollars to be spent to cover something that may occur before the next meeting. Shame on you!!!!!!!!

Ralph L Lloyd