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Notes from Sean:
- Proposed a budget last spring-> budget committee suggest what group should get -> senate votes
- Then have $ to spend for specific events
- If you want to move $ around (that have already been allocated)
- Have to ask Finance chair/director (Sean)
- Controller deals with the actual paperwork and the numbers
- Chair -> people and policy
- If it is more than $200 then it has to be voted upon by all of senate
- If you move money e-mail Sean and talk about it and he moves it around
- Or has to go to committee
- If spending money allocated by Senate
- Fill out RFP from Finance and send it to Senate’s mailbox
- Asking for more money
- Mid year request
- Request form on GacSpot (Midyear budget template)
- Fill out e-mail to Finance Chair
- Want to come to next meeting and set up appointment
- Come, present ->Finance committee discusses and gives recommendation to Senate and then they vote on it
- Write budget in the Spring
- Form is on-line and fill out as is (keep same form)
- If you overspend
- Take out of the 9-line
- And Co-presidents get warning
- 2nd time -> Senate can freeze your funds and you can’t spend any Senate $
- Put onto the organization’s permanent file
- Organization has a chance to defend itself before Senate
- All of Senate’s rules on Gac Spot
- www.gacspot.com
- Link Finance ->Allocations
- 2009->$315
- $300 for Thanksgiving
- $15 print services
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