Budget Orientation Session Student Center Peachtree Room October 6 th, 2014.

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Presentation transcript:

Budget Orientation Session Student Center Peachtree Room October 6 th, 2014

2 Joint Finance Committee (JFC) The JFC oversees the SGA financial allocation process JFC Members –Trevor Lindsay VP of Finance and Chair –Decker Onken Undergraduate Treasurer –Matt Kinsey Graduate Treasurer Other Members –Polly Chaudhary –Sara Dada –Zach Dromsky –Andre Evans –Tim Park –Vishnu Premsankar –Michael Sweeney UHR Liaisons –Elizabeth Faucher –Nick Anderson –Brian Shin

3 Budget Application Budgets are submitted online through JacketPages Budget applications are due by Friday, October 24 th, 2014 at 11:59 P.M. Your organization must be in good standing with the Office of Leadership and Civic Engagement to be eligible –On JacketPages, your organization status will say “Active” President, Treasurer, and Advisor must all be listed on JacketPages

4 Budget Timeline Applications due on Friday, October 24 th Budget Hearing Schedule released on Friday, November 7 th –All organizations MUST attend a budget hearing –Will occur in January and February Budget will be presented to legislative bodies in early March –Will be invited to legislative meetings where budget is discussed –Final Budget released in April

5 Membership Fee Requirements Competitive Organizations –Must charge $50/semester in dues Non-Competitive Organizations –Must charge $15/semester in dues All members must be listed on your organization’s roster on JacketPages! –Will see importance later on in presentation

6 Tier System Tier I : Student Center and CRC Tier II : Large organizations that serve all of campus –ORGT, SCPC, SGA, Student Publications, Greek Programming Board, etc. Tier III : All other student organizations –Competitive –Multi-disciplinary –Cultural –Community Service

7 JFC Policy

8 What Can’t Be Funded First-time events or events not open to the entire campus Capital expenditures Off-season competitions FASET Materials Meeting agendas or postage Personnel or office supplies if you’re a Tier III Speaker Fees Tournaments that you have not qualified for Personal items (nametags, scrapbooks, business cards)

9 Funding Formulas Cannot receive more than 3 times annual revenue in budget Travel calculator available on JFC website

10 Budget Application – Membership Info Based on how many members are listed on JacketPages!

11 Budget Application – Line Items

12 Budget Application - Revenue

13 Budget Application – Other Expenses

14 Budget Application – Assets & Liabilities

15 Budget Application – Member Contributions

16 Budget Application - Summary

17 Deadline October 24 th, 2014 No late submissions will be accepted if you are having trouble, but do it early! More information available at

Budget Orientation Session Student Center Peachtree Room October 6 th, 2014