Finance board update
Chelsea Weiss
Issue date: 6/15/09 Section: Campus News
Does your club or organization need summer funding? SGA can help! This summer, $15,000.00 is available for active student organizations. That's right! This money is available for organizations that turn in the SGA budget request form (an outline of the amount requested and a list of items/events detailing how the money will be spent). These forms, called budget packets, can be downloaded online at http://sga.db.erau.edu/BudgetPackets.php.
The Student Finance Board of the SGA has been working to distribute these summer funds to participating clubs. New requests for money turn up each week, with requests ranging from conferences, competitions, and summer outings, to mechanical parts, materials, and supplies. At this time, $5,960 have been allocated to eleven clubs/organizations, with a remaining $9,040 to be distributed. For those clubs who have already received summer funding, we encourage you to apply again in the fall and spring as we do not conduct re-allocations during the summer term.
Each week, your SGA Treasurer, Angeline Ranieri, meets with the six-member board to review, discuss, and vote on the amount of funds to allocate. The Board takes many things into consideration for each allocation, looking extensively over the budget request packets, asking questions such as "How many people will be involved in this event? Will these items remain with the club after the semester is over?" etc. During the fall and spring semesters, this process is carried out through weekly interactive board room meetings in the SGA office. However, because most of the Board members are not present on campus for summer classes, summer allocations must be conducted entirely online. Although the first few meetings were slowed down by technical difficulties, the internet-based meetings have been very successful. Blackboard forums have been used extensively to post and review budget packets during the week, to ask questions ahead of time and get answers before the official "voting" session. An instant messaging chat room is set up each Monday for collective discussion and voting, and board members are responsible for an online appearance at a set time on these meeting days. Spanning six time zones, from the Eastern border of the U.S. to the Islands of Hawaii, a 10pm night-meeting for one member is simultaneously a sunny 4pm meeting for another. After taking into consideration the funding requested by a specific organization, the Board makes a decision on how much money should be allocated, takes a vote, and later sends the club a notification on the amount they will receive.
So good luck on the summer terms to all of you in Daytona! From the farthest reaches of the United States, the Student Finance Board continues to work with your Student Organizations to meet your needs here on campus.
The Student Finance Board of the SGA has been working to distribute these summer funds to participating clubs. New requests for money turn up each week, with requests ranging from conferences, competitions, and summer outings, to mechanical parts, materials, and supplies. At this time, $5,960 have been allocated to eleven clubs/organizations, with a remaining $9,040 to be distributed. For those clubs who have already received summer funding, we encourage you to apply again in the fall and spring as we do not conduct re-allocations during the summer term.
Each week, your SGA Treasurer, Angeline Ranieri, meets with the six-member board to review, discuss, and vote on the amount of funds to allocate. The Board takes many things into consideration for each allocation, looking extensively over the budget request packets, asking questions such as "How many people will be involved in this event? Will these items remain with the club after the semester is over?" etc. During the fall and spring semesters, this process is carried out through weekly interactive board room meetings in the SGA office. However, because most of the Board members are not present on campus for summer classes, summer allocations must be conducted entirely online. Although the first few meetings were slowed down by technical difficulties, the internet-based meetings have been very successful. Blackboard forums have been used extensively to post and review budget packets during the week, to ask questions ahead of time and get answers before the official "voting" session. An instant messaging chat room is set up each Monday for collective discussion and voting, and board members are responsible for an online appearance at a set time on these meeting days. Spanning six time zones, from the Eastern border of the U.S. to the Islands of Hawaii, a 10pm night-meeting for one member is simultaneously a sunny 4pm meeting for another. After taking into consideration the funding requested by a specific organization, the Board makes a decision on how much money should be allocated, takes a vote, and later sends the club a notification on the amount they will receive.
So good luck on the summer terms to all of you in Daytona! From the farthest reaches of the United States, the Student Finance Board continues to work with your Student Organizations to meet your needs here on campus.


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