1. Finance Education
Student Government

2. Types of Financial Requests
Contingency Request (CR)
- Unforeseen expenses
Multicultural and Educational Program (MEP)
- Public, cultural, free and educational event
TORF (TORF)
- Only for temporary organizations

3. How we Allocate Funding
Calculate funding for Travel, Lodging, and Registration
Also Equipment, Standard Operating Expenses, and other necessary items
Use Finance Calculator to figure amounts for aforementioned items
Uses: GSA rates, google maps mileage amounts, enterprise rates, gas reimbursement.
Final amounts are 70% of request, approved at senate meetings.

4. Tier System Breakdown
Tier I Orgs- Important services for Student Body Prominent existence for extended period of time SAF dollars allocated based on percentages outlined in SG Code Tier II Orgs- Allow any student to be involved Recommended funding from Finance Commission Tier III Orgs- Restrictions on who can be involved Only eligible for MEP’s or RR’s

5. Budgeting
Budgeting begins in January/February and budgets are created for the next fiscal year (7/1/18 – 6/30/19)
Tier 2 organizations with a CSO status greater than 3 can receive a budget
Organizations can receive up to $25,000 this upcoming budgeting
Finance Commission meets with organizations twice a week for 5 hours to review any additional requests other than standard operating.

6. Budgeting In December: In January: Before Meeting:
Start assembling next year’s budget
Reach out to specific resources so you know the specific expense amounts
In January:
Budgets are DUE!
Use online ed form to schedule budgeting meeting
Before Meeting:
Bring quotes, league letters, direct deposit form, and equipment agreement form

7. Budgeting Maximum Standard Operating of $50 Competitive Orgs:
Maximum of 5 home and 5 away events
Number of people funded is team and a half
Non-Competitive Orgs:
1 Event per year
Maximum of 7 people funded

8. Questions
Feel free to get in contact or meet with us at anytime this year