# \[BIP-XXX\] - Orb Collective - Moving Forward

**URL:** https://forum.balancer.fi/t/bip-xxx-orb-collective-moving-forward/4748
**Category:** General Proposal
**Created:** [May 8, 2023, 10:28am UTC](https://forum.balancer.fi/t/bip-xxx-orb-collective-moving-forward/4748 "2023-05-08T10:28:10Z")
**Posts on this page:** 1
**Showing post:** 5

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### Author: ![immutbl](https://yyz1.discourse-cdn.com/flex027/user_avatar/forum.balancer.fi/immutbl/32/272_2.png) [@immutbl](https://forum.balancer.fi/u/immutbl)
#### Post date: [May 9, 2023, 3:44pm UTC](https://forum.balancer.fi/t/bip-xxx-orb-collective-moving-forward/4748/5 "2023-05-09T15:44:06Z")

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Hey @auramaxi,

We’re going to create an updated version of our recent [Q2 financial update](https://forum.balancer.fi/t/orb-collective-q2-2023-financial-update/4697) and a breakdown of our BAL allocation and share them by Friday EOD EST.

Orb contributor comp is covered through July 31 based on the DAO’s vote on our proposal; we’ll be updating our request from OpCo for June, as we do every month to account for cost savings.

We account for past savings and projected future savings by adjusting the invoices we send to the OpCo.

Accounting is closed for each month usually in the 2nd week of the next month as there is movement on P&L until then. So our June invoice will reflect April spending and our updated forecast.

We’re also happy to support the release of unspent BAL that isn’t allocated to vesting plans for active contributors. We have no intention to continue working as an SP for Balancer after July 31.

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_[View the full topic](https://forum.balancer.fi/t/bip-xxx-orb-collective-moving-forward/4748)._