COM 2013 Budget Academic Year Proposal Joshua Cohen Academic Chair Tony Lawson - Treasurer Why We Pay Dues A necessary evil Down payment for all class sponsored activities and events Our plan is to gradually expand our funds though a variety of methods Solicitation Fundraising Investment MCC and Student Government (small) If we succeed in maintaining a healthy financial reserve, dues will go down next year and hopefully wont be collected 3 rd or 4 th years Why you really pay dues The Big Question The Big Picture We need to keep our eyes on the prize Graduation Guest speaker $10-15k Family banquet $5-8k Pre-graduation reception $7k Match day festivities $7k Skit night $3-4k Awards and prizes $1k Total costs: $30-40,000 The Smaller Picture Academic Year Activities Pub Nights $300/month Day excursions $150/month Exec Meeting Lunch $45/month Anatomy Memorial and Ceremony $500 Class Store maintenance $100/month MDL and Rec Room renovations $150/year Freshman Formal $1500 These people havent Bryant Adibe Rony Francois Aaron Grossman Adam Holtzman Amelia Kaywell Pooja Kotadia Andrew Kozlov Ben Mendelsohn Yi Qin Sara Rodriguez Brian Sninsky Benjamin Zusman Brett Bentley Carolina Emanuels Scott Goldsmith Shazia Mohammad Richard Schatz Daniel Witter Hung Yen Where We Stand Now Dues NOW $15,554 = 86% of class PROJECTED $18900; $18,009 (actual) Fundraising Class Store $50/month Merchandise (lanyards, shirts, mugs, etc.) Major Initiative (gold tournament, health fair, etc.) Goals Finish the year with $12-15,000 Class Store Parents Weekend Event Golf Tournament (February 21, 2010) Sunday Brunch Prizes Goodie Bags Raffles Class merchandise (shirts, mugs, cookbooks, etc.) Proceeds will be split between funding graduation and specific IFH project proposals This will help us retain sponsors If youre interested in joining the planning committee, please see me. Anwill be sent out shortly. Expenses 7.6% 4.9% 2.7% 2.4% 0.5% 1.4% 8.2% 70.7% 1.6% Total: $18,400 Budget Proposal Sunk costs Lanyards ($550) $500 for laynards, $50 black clip things Class Store Start-up ($140) Pub Night #1 ($310) St. Francis House Banquet ($150) TOTAL: $1040 Prospective Costs (est) Anatomy Ceremony ($500) $200 catering and decorations, $300 gift Rec Room Renovations ($100) Coffee Machine ($100) Semi-Formal $3000 Repeating Costs (est) Class Store ($100/month) Social Events $400/month Community Service $400/year TOTAL: Questions, comments, concerns? Time to vote. APPROVED ON FRIDAY, OCTOBER 9, 2009 BY MAJORITY VOTE OF THE CLASS.