The Bank

[ice2k4]

The Office of the Treasury


The CivIV Democracy Game RPG is now in session. This post will contain the game's economics and banking rules. The second post will be current accounts. Accounts inactive more than two weeks without proper notification (pm or post) will be posted under inactive accounts (See Inactive accounts below.) The bank is updated about twice a week (after evert turn chat.) If you haven't already noticed, I'm the banker. Have fun and enjoy.

RPG Economy

Upon joining the RPG each person receives 500 gold, thereon each player receives 50 gold per turn chat, in theory about 100 gold per week extra, extra revenue can be gained by businesses, revenue from land etc.

Banking

All accounts are kept at the Bank. Salaries are added to all accounts after each turn chat. All transactions must be posted at the bank with a link to the transaction post or a copy of the PM/email where the transaction occurred. Only one party of the transaction should make the transaction post, to avoid confusion. If the transaction is made at a business, the business owner will post the transaction. All amounts are rounded to the nearest whole number. Private transactions should be posted immediately. Businesses may hold their transactions until the day of the next turn chat and post them all at once.

Loans

Simple loans are available from the bank at 5% or 10% interest, after the researching of Banking inside of the game. 5% loans are for the purchase of assets (items, stores, etc.). 10% loans are signature loans and can be taken for any reason. Loans are repaid over a maximum of 3 terms. Maximum loan amount is 1/2 of your expected income over the loan period. All calculations will be based on an expected 8 turn chats per term. Loan payments are deducted automatically from salaries. A citizen may have only 1 outstanding loan at a time. Loans may be paid off early but no refund of interest is given. Contract salaries are figured assuming 10 turns per chat.

Stores/Shops:

OFFICIAL BUSINESSES
these are business threads run by a Manager (or an Assistant) that sell goods at the official market price (as set or authorized by a Manager). They record all transactions to the bank at each turn chat. They do not record profits. Your first official business is free.


Place of Business start-up expenses (Start-up Fee)
2000g: Large goods (houses etc)
1000g: Small Goods (food, clothes)
500g: Services (no goods exchanged)
0g: Non-profit organizations (no goods or services exchanged)

If a player wants to create a second official business, that business start up costs must then be multiplied by the number of business you have previously. This is called a entrepreneur's fee

Supply
It is assumed that each business has enough material to supply their customers.

Technology Restrictions
The technology of items sold can be no more advanced than one tech above our current knowledge in the actual Civ4 DemoGame.
Example: If we have Bronze Working then Iron Working is one advance away. Items dependent on Iron Working (sword, metal armour, etc) can be legally sold.

Taxation
Large goods businesses are taxed 20% of total income
Small goods businesses are taxed 10% of total income
Service businesses are taxed 5% of total income
Non-profit organisations are not taxed

Selling the shop
Businesses can be sold or liquidated. When liquidated, 50% of the Place of Business costs are returned to the seller. You first free business can not be liquidated. If sold to another private owner the price is negotiated. First business can be sold however. The buyer will then need to pay 1/2 the normal legal start-up fees, and will not have to pay an entrepreneur's fee.

Inactive Accounts

An inactive account is defined as an account that has not made any transactions in fourteen (14) days. This means that you must spend atleast 1 Gold every two weeks for the bank to give you 50 gold per turn chat (100 gold every week) or notify us in this thread that you are active, however you are not making any transactions (please provide a reason.) Inactive accounts will be posted in the fourth post here. Inactive accounts will not recieve 50 gold per turn chat. Inactive account will not be deleted and can be retrieved at any time with a private message to Ice via p.m.

War Bonds
War Bonds are a way to invest in your civilization's war efforts. Depending on the outcome of the war, your war bond can help you make money or help you lose money. War bond rates usually depend on objectives, units lost, cities lost and cities captured. Each war will have different rates and objectives. Objectives are determined by the current SoW. To purchase war bonds, please go to the Office of War Bonds Thread.

Rules of Purchase-
1) War Bonds may only be purchased at war time.
2) War Bonds will only be payed back when peace is declared.
3) You may invest in as many wars as you like.
4) When investing you are only investing towards war with the specific country listed. Investing (purchasing) a war bond does not mean you are purchasing it for wars with multiple countries, even if we are at war with more than one country at a time.
5) Rates can not change after war is declared.
6) All purchasing of war bonds must be done in the Office of War Bonds Thread.
7) Bonds are controlled by the Office of the Treasury

[ice2k4]

Current Balances

Balances as of June 23 9:38 p.m. (GMT -4:00)

BLCG100- 1035 Gold
Rob Boo- 966 Gold
Experiment626- 600 Gold
Jaseclimb7- 600 Gold
Roberto 'Moonshine' Di Luigi- 975 Gold
The Prophet Future- 1138 Gold
Ice2k4- 781 Gold
GeorgeOP- 734 Gold
Jasebow- 372 Gold
Dodonna "CivGeneral" Kusanagi- 900 Gold
Dutchfire- 974 Gold
Ninjatrey- 550 Gold
Dima- 594 Gold
StrategyDoRK- 750 Gold
Swissempire- 589 Gold

[ice2k4]

Account Summaries- A list of all transactions in your last turn chat. Showing this decreases the chance of mis-calculations, and a chance for the public to look over their accounts to make sure the Banker has made no mistakes.

Summaries as of June 23 9:38 p.m. (GMT -4:00)


BLCG100-
Before Turn Chat: 1035 Gold
Office of the Treasury: +150 Gold
Office of the Land Manager: +27(x3) Gold
Ice's Casino: +75 Gold
After Turn Chat: 1341 Gold

Rob Boo-
Before Turn Chat: 676 Gold
Office of the Treasury: +150 Gold
Office of the Land Manager: +35(x3) Gold
After Turn Chat: 966 Gold

Experiment626-
Before Turn Chat: 600 Gold
After Turn Chat: 600 Gold
Please post in this thread, you are currently placed under inactivity.

Jaseclimb7-
Before Turn Chat: 600 Gold
After Turn Chat: 600 Gold
Please post in this thread, you are currently placed under inactivity.

Roberto 'Moonshine' Di Luigi-
Before Turn Chat: 942 Gold
Office of the Land Manager: Your land has been repossessed.
After Turn Chat: 975 Gold
Please post here saying your active.

The Prophet Future-
Before Turn Chat: 988 Gold
Office of the Treasury: +150 Gold
After Turn Chat: 1138 Gold

Ice2k4-
Before Turn Chat: 442 Gold
Office of the Treasury: +150 Gold
Office of the Land Manager: +62(x3) Gold
Ice's Casino: +3 Gold
After Turn Chat: 781 Gold

GeorgeOP-
Before Turn Chat: 536 Gold
Office of the Treasury: +150 Gold
Office of Land Management: +16(x3) Gold
After Turn Chat: 734 Gold

Jasebow-
Before Turn Chat: 372 Gold
After Turn Chat: 372 Gold
Please Post in this thread, you are currently placed under inactivity.

Dodonna "CivGeneral" Kusanagi
Before Turn Chat: 750 Gold
Office of the Treasury: +150 Gold
After Turn Chat: 900 Gold


Dutchfire
Before Turn Chat: 728 Gold
Office of the Treasury: +150 Gold
Dutchfire's Bookstore: +33(x3) Gold
Ice's Casino: -3 Gold
After Turn Chat: 974 Gold

Ninjatrey
Before Turn Chat: 550 Gold
After Turn Chat: 550 Gold
Please post in this thread, you are currently placed under inactivity.

Dima
Before Turn Chat: 594 Gold
After Turn Chat: 594 Gold
Please post in this thread if you are active. You are declared inactive.

StrategyDoRK
Before Turn Chat: 750 Gold
After Turn Chat: 750 Gold
Please post in this thread, you are currently placed under inactivity

Swissempire
Before Turn Chat: 439 Gold
Office of the Treasury: +150 Gold
After Turn Chat: 589 Gold

[ice2k4]

Inactive Accounts-
Inactive accounts may be retrieved only by PM'ing Ice2k4 or posting in this thread.

Accounts in danger of becoming inactive-
These accounts have had no activity in the past two weeks. It is understood that you may not be purchasing anything at the moment to save up some money. This is fine. If you see your name here, please either post in this thread saying you are not inactive, or simply purchase something.

Inactive Accounts
Experiment626
Jaseclimb7
Ninjatrey
Dima
Jasebow
StrategyDorK
Roberto "Moonshine" Di Luigi

Accounts in danger of becoming inactive.


Note*- It has been noted you have been currently participating in the forum, however have made no transactions. Instead of becoming inactive after two weeks with no notification, your period will be extended to three weeks.

[I am the Future]

hey, could you please edit those posts so that they do not show your sig.

[ice2k4]

Sure, sorry about that.

[GeorgeOP]

From the office of the Land Manager:
When adding money after a turnchat, please go to this post to find the current gpt from land. I will update this every time someone buys land, so you don't have to wait for me to post in this thread.

[GeorgeOP]

Land Manager's report:
Please deduct the following amounts. These are to pay for land purchases and simply disappear from the game.

BCLG- 110 gold
Rob Boo- 300 gold
Ice- 230 gold
George- 160 gold

[BCLG100]

Ice could we get an update? we've had a t/c as well so thats 50 gold to everyone.

[robboo]

Rebel Pub accountant update:
Please take 8 gold from Ice
Please take 5 gold from Future

This gold(13) should be divided as follows:

Taxed at 5%--1 gold ( goes where ever taxes go)
Robboo gets 3 gold
BCLG100 gets 9 gold

Sorry for the delay in updating.

[ice2k4]

Sorry I'm in Florida this week on a 56k modem. So I haven't been able to check much. (I'll be back on dsl in New York on the 22nd.) I'll update the balances now for the April 19th tc. But I can't do the summaries yet (internet is too slow.)

[BCLG100]

No problem ice, just so we know you havnt forgotton about me

[ice2k4]

Looking over the balances, I believe I have made an error or two (again I apologize, I never checked them over because of the 56k.) At first glance it looks like my account has too much money in it. Hopefully, I have made no others, and the balances will be reviewed and corrected on the 22nd.

Sorry Again & Thank You,
Ice2k4

[ice2k4]

Ahh everything is updated and fixed. I have also finished all accoutn summaries and have edited the inactivity post. Please excuse my one mistake I made the other night, again I was on a crappy 56k and had no time to check over my work. It seems that on my account I had hit a 5 instead of a 3 for the first digit. I will update the bank again next turnchat, which I believe is tommorrow.

[BCLG100]

ice keep the other accounts acive for awhile, looks better the more active accounts we have

[ice2k4]

Will do, but after the third week of inactivity I'll remind myself not to give them any money. I will leave their accounts up in the open accounts post however to make it look like we have more people.

[ice2k4]

From the Office of War Bonds:
Ice2k4: -200 Gold
BCLG100: -100 Gold

[ice2k4]

Just a quick note, everything was updated last night.
Edit: I looked over 2 tc's ago when the Rebel Pub produced transactions. I just realized you taxed your business only 5%. Selling ale is not a service, it is a small goods business. Therefore, you should of been taxed 10%. Since I overlooked it, it is my fault, and I will make no changes to your account, however in the future, please make sure you've taxed yourselves correctly.

*cough*thieves*cough*

[robboo]

no problem..I misread..and thought it was goods and services.

[ice2k4]

Don't worry about it, the games just started anyway, and it would be thedifference of about 1 gold.