As we transition all Council and Board terms to 12 months, starting in Season 8 & 9, members will serve an initial term of 12 months, after which point membership will be determined via alternative selection methods, such as elections.

The Budget Board’s term will run from May 2025 - May 2026 as onboarding is required prior to the start of Season 8 so that proposals by the Budget Board may be considered during the upcoming Reflection Period.

The Foundation is proposing to appoint the following members to the Budget Board, as per the Collective Council Framework:

Lead

• Dane Lund - Founder of Lund Ventures, former Alliance DAO Core Contributor, former Grants Council Lead (Genesis Cohort/Season 3, Season 4)

Genesis Cohort - Token House Representatives

• Xochitl Cazado - Chief of Staff and Head of Operations at Optimism Foundation - (Member will not receive an OP Stipend)
• Michael Silberling - Data Analyst at OP Lab - (Member will not receive an OP Stipend)
• Katie Garcia - Partner and Head of Operations at UDHC, formerly at Maker Foundation, and Token House Delegate

This proposal is eligible for Voting Cycle #36: https://gov.optimism.io/t/voting-cycle-roundup-36/9830