Funding for Collaborative Funding Organizations (CFOs) University of Iowa Student Government &...
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Transcript of Funding for Collaborative Funding Organizations (CFOs) University of Iowa Student Government &...
Funding for Collaborative Funding Organizations
(CFOs)
University of Iowa Student Government&
Executive Council of Graduate and Professional Students
Introductions
• Name• Organization• Position/Role
CFOs FY14 Allocations
Crisis Center SCOPE Homecoming Council Dance Marathon Student Video
Productions Bijou RVAP Indian Student Alliance KRUI
Joint Finance Committee (JFC)
GPAC & SABACGPAC = Graduate/Professional Allocation Committee (the budget committee for ECGPS)SABAC = Student Assembly Budget & Allocation Committee (the budget committee for UISG)
Application Steps
1. Submit Budget Request2. Submit Budget Application
Supplemental Form
1. Log into OrgSync and go to your org’s main page….
Submitting a Request
2. Hover over “Treasury” and click on “Budgets”.
2. Hover over “Treasury” and click on “Budgets”.
Submitting a Request
Make Sure you select the correct period.
Make Sure you select the correct period.
3. Click on “New Budget”
3. Click on “New Budget”
Submitting a Request
4. Fill out Budget Request.
4. Fill out Budget Request.
Submitting a Request
Supplemental Form
Listing of CFOs Revenue SourcesIncludes:•Revenue from tickets or products/services sold•Funding from other on & off campus programs•Revenue from advertising/promotion•Donations from U of I Foundation•Revenues from membership fees/dues•Contracts with other campus/student orgs
The Process
Review of Budget Requests
1.Budget submission2.JFC meeting
• With CFO representatives3.JFC evaluation and recommendation4.ECGPS and UISG approval
JFC ChangesThe Revisions are as follows:•If not passed by Student Governments
• Sent to UISG & ECGPS Executives
• Sent back to Student Governments
• If failed again, Sent back to SAF Committee
•Allowed to come to our meetings to explain merits of applications & answer our questions
• Review of the CFO Recognition Applications
• Fiscal Year Budget Review Meeting
Fiscal Year CapEqual to:•Previous Fiscal Year Caps •+/- % Change in SAF revenues•+ 3 year weighted average (3rd being heaviest) of any newly recognized CFO.•- current FY allocations of any CFOs that have lost recognition.
Discussion
New Initiatives:
AssessmentYear End ReversionsUnforeseen Circumstances
Communication with UISG and ECGPS
officersUISG Chief Financial Officer
Drew Turner [email protected]
ECGPS Budget Director/GPAC ChairGene [email protected]