Budget OrientationSession

Budget OrientationSession

Student Center Peachtree RoomOctober 6th, 2014

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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

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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

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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

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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

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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

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JFC PolicyJFC Policy

http://sga.gatech.edu/undergraduate/jfc

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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)

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Funding FormulasFunding Formulas

• Cannot receive more than 3 times annual revenue in budget

• Travel calculator available on JFC website

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Budget Application – Membership InfoBudget Application – Membership Info

Based on how many members are listed on JacketPages!

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Budget Application – Line ItemsBudget Application – Line Items

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Budget Application - RevenueBudget Application - Revenue

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Budget Application – Other ExpensesBudget Application – Other Expenses

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Budget Application – Assets & LiabilitiesBudget Application – Assets & Liabilities

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Budget Application – Member ContributionsBudget Application – Member Contributions

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Budget Application - SummaryBudget Application - Summary

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Deadline October 24th, 2014Deadline October 24th, 2014

• No late submissions will be accepted• Email trevor.lindsay@gatech.edu 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