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Joint Finance Committee Budget Orientation Session - October 6, 2014

Join us for the Joint Finance Committee (JFC) Budget Orientation Session in the Peachtree Room at the Student Center on October 6, 2014. Learn about the financial allocation process, important deadlines, and eligibility requirements for student organizations seeking funding. Discover how to effectively fill out your budget application due by October 24, 2014, and ensure your organization is in good standing. Don’t miss this opportunity to clarify processes, meet JFC members, and ask questions about financial support for your student initiatives.

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Joint Finance Committee Budget Orientation Session - October 6, 2014

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  1. Budget OrientationSession Student Center Peachtree Room October 6th, 2014

  2. Joint Finance Committee (JFC) • Other Members • Polly Chaudhary • Sara Dada • Zach Dromsky • Andre Evans • Tim Park • Vishnu Premsankar • Michael Sweeney • UHR Liaisons • Elizabeth Faucher • Nick Anderson • Brian Shin • 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

  3. Budget 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

  4. Budget 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

  5. Membership Fee Requirements • Competitive Organizations • Must charge $50/semesterin dues • Non-Competitive Organizations • Must charge $15/semesterin dues • All members must be listed on your organization’s roster on JacketPages! • Will see importance later on in presentation

  6. Tier 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

  7. JFC Policy http://sga.gatech.edu/undergraduate/jfc

  8. What 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)

  9. Funding Formulas • Cannot receive more than 3 times annual revenue in budget • Travel calculator available on JFC website

  10. Budget Application – Membership Info Based on how many members are listed on JacketPages!

  11. Budget Application – Line Items

  12. Budget Application - Revenue

  13. Budget Application – Other Expenses

  14. Budget Application – Assets & Liabilities

  15. Budget Application – Member Contributions

  16. Budget Application - Summary

  17. Deadline 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

  18. Budget Orientation Session Student Center Peachtree Room October 6th, 2014

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