How to Build a Student Life Budget
Transcript of How to Build a Student Life Budget
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Student Life Budgeting Process
LEADMN | 09/16/2017
Presented by:
Kayley Schoonmaker, Policy CoordinatorMatt Gutsch, Director of Government Relations
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What We Will Cover
• Structure of budget committees & Student Senate’s role
• Ideas or suggestions on what items to include in a Student Life budget
• Guidelines for allocating funds to clubs and organizations
• Suggestions on standardized procedures for budgeting
• Budgeting Activity www.yourwebsite.comLEADMN |
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Keep in mind!
All colleges may do budgeting different. Chances are your campus is
not doing it wrong….just different.
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Senate Structure
Should the U.S. promote the use of renewable power in the form of tax breaks?
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• Student Life Budget Committee – separate from the senate
• 2/3 must be students
• DCTC
• Has five voting members, one is the senate treasurer
• Chaired by Senate President and Director of Student Life
Typically 2 ways the senate handles the budget:
• Student Senate can serve as your budget committee.
• Other?
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What A Tuition Bill Looks Like
*Based on 7 credits.
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Building the Student Life BudgetFYE 1760 (DCTC) X
30 credits X
(student life fee $7.30) = $385,440
Account for uncollected revenue
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FYE= Full Year Equivalent
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What are things your Senate budgets for?
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Budget Items• Personnel
• Events and activities (fall fest, spring fling, etc.)
• Senate travel
• Conferences
• Leadership training
• Athletics
• Supplies and materials
• Wellness Center/recreational activities
• Graduation
• Stipends for senators
• Special projects or initiatives
• Clubs and organizationswww.yourwebsite.comLEADMN |
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Slide / 01
Student Life Funds CANNOT Be Used For:
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• Donations to college or university
foundations
• Donations to external charitable
organizations
• Alcohol
• Benefit of one student in the form
of scholarships or grants
• Program related expenses
• Polar Bear hunting expeditions
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Club and Organization Funding
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• Required to submit the following:• An annual summary• A proposed plan for the next academic year• Budget request
• Requests go to the Student Life Budget Committee for Consideration(due March 1st)
• Student Life Budget Committee motions funding to the Student Senate for approval
Process and dates will be different at every institution.
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What Happens to Funds Not Spent
• Swept into Student Life Reserve
• Funds cannot leave Student Life
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Questions?
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Nicole MeulemansDirector of Student Life
Dakota County Technical CollegeInver Hills Community [email protected]
651-423-8403
Matt GutschDirector of Government Relations
651-203-9458
Kaley SchoonmakerPolicy Coordinator
651-203-9465
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Activity
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You have been appointed to serve on the Student Life Budget committee!
• As a group, determine how you will allocate funding to the following clubs based on their requests.
• You have a budget of $15,000, and a deadline of February 1 for all club requests to be submitted.
• You have an additional $6,000 in your Student Life reserve, but your advisor has cautioned against using these funds unless there is a vital need.
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CENTERPICTURE SLIDE
Far far away, behind the word mountains, far from the countries Vokalia and Consonantia, there live the blind texts.
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