Budget Orientation Session Student Center Peachtree Room October 6 th , 2014
Dec 30, 2015
Budget OrientationSession
Budget OrientationSession
Student Center Peachtree RoomOctober 6th, 2014
2
Joint Finance Committee (JFC)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 ApplicationBudget Application
• Budgets are submitted online through JacketPages• Budget applications are due by Friday, October
24th, 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 TimelineBudget Timeline
• Applications due on Friday, October 24th
• Budget Hearing Schedule released on Friday, November 7th – 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 RequirementsMembership 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 SystemTier 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 PolicyJFC Policy
http://sga.gatech.edu/undergraduate/jfc
8
What Can’t Be FundedWhat 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 FormulasFunding Formulas
• Cannot receive more than 3 times annual revenue in budget
• Travel calculator available on JFC website
10
Budget Application – Membership InfoBudget Application – Membership Info
Based on how many members are listed on JacketPages!
11
Budget Application – Line ItemsBudget Application – Line Items
12
Budget Application - RevenueBudget Application - Revenue
13
Budget Application – Other ExpensesBudget Application – Other Expenses
14
Budget Application – Assets & LiabilitiesBudget Application – Assets & Liabilities
15
Budget Application – Member ContributionsBudget Application – Member Contributions
16
Budget Application - SummaryBudget Application - Summary
17
Deadline October 24th, 2014Deadline October 24th, 2014
• No late submissions will be accepted• Email [email protected] if you are having
trouble, but do it early!• More information available at http://
sga.gatech.edu/undergraduate/jfc
Budget Orientation Session
Budget Orientation Session
Student Center Peachtree RoomOctober 6th, 2014