LCC Common Fund 2016 February 24, 2016 KEK, JAPAN - FALC

The plan for 2016 There is not a request for additional funding in 2016 as reported at the FALC meeting in November, 2015. The current need for 2016 is 741K CH and the remaining Common Fund is estimated at ~800K CHF. This funding is coming from 2015 carry-over. We have one outstanding invoice to Asia/Oceania in the amount 118.K CHF. These invoices has been submitted and we are awaiting payments. The existing Common Fund (carry-over 2015) has been budgeted towards salaries, travel and meeting support. We also have a current contract for updated Linear Collider brochure. February 24, 2016 KEK, Japan - FALC

Summary The remaining Common Fund: - The LCC will be in effect until the end of 2016. - A discussion is in process on how to obligate the remaining balance of our Common Fund outside the needs of salaries and travel. - If there is an extension of the LCC or a new organization is named, there may be a need for a common fund or other funding. There may also be a need for transitional funding. This is a topic for the ICFA meeting. - Once a decision is made, we will budget the remaining Common Fund accordingly. February 24, 2016 KEK, Japan - FALC