Hey there, time traveller!
This article was published 13/1/2014 (1256 days ago), so information in it may no longer be current.
While one local students’ association has already passed its 2013-14 budget, another is hoping to do so by the end of this month.
Tylor Johnson, Assiniboine Community College Students’ Association president, said council approved its $381,700 2013-14 operating budget in November during its annual general meeting. Although Johnson said there weren’t too many challenges facing this year’s budget, student council members are always thinking about the future.
“We want to always be growing and expanding, so we’re just checking what was done in the past and what we can do in the future,” Johnson said.
Based on last year’s budget numbers, ACCSA brings in approximately $382,980 a year in revenue, leaving the group with a $1,280 surplus this year, Johnson said. Its annual income includes revenue from the campus food bank, organized events and marketing initiatives. Their income relies heavily on student association, fees, which bring in around $261,630 per year.
“There wasn’t a lot we ended up being crunched for,” Johnson said regarding this year’s budget.
After bringing in $150,744 at Rock the Block in September, Brandon University Students’ Union vice-president internal Matthew May said his organization was left with nearly $19,000 in profit. Expenses for the event hovered around $131,108, but he said he was pleased with what they had going into 2013-14 budget deliberations.
BUSU’s 2013-14 operating budget is $444,969.90 with total expenses reaching $443,889.62, leaving them with a $1,080.28 surplus.
“But that could change as we get new campaigns going and new initiatives that require some financial assistance,” May said.
BUSU is hoping to officially pass its 2013-14 budget during a public meeting on Jan. 28 at noon inside its campus bar, SUDS.
May said he will present the budget to those in attendance and students will be welcome to ask questions.
“We’ll take any considerations they have and any final changes they want to make over the last couple of months.”
BUSU was unable to pass its budget at its annual general meeting in November due to poor attendance. BUSU requires at least 50 students to be in attendance to make any changes or decisions. Only 30 students attended.
May added this year’s budget, which has already been approved by council members, was “pretty standard to years before.” But he admits revenue from student fees has dropped this year, leaving the group roughly $7,000 short.
“We tried to be as prudent as possible with our staffing and that to allow for students to get as many services as they normally do.”
BUSU’s yearly expenses include office expenses, professional fees, student services, campaigns, entertainment and events as well as travel expenses incurred from attending out-of-town meetings and conferences.
A wide range of BUSU’s expenses also go toward funding student groups on campus. Throughout 2013-14, $10,000 goes toward various club funding and $137,129.97 is earmarked for entertainment and events. As of Nov. 1, 2013, 99.64 per cent of BUSU’S entertainment and event budget had already been spent, which is standard for this time of year, May said.
“We’re pretty much on track right now,” he said. “A lot of the big expenses happen at the beginning of the year.”