Sample Budget Request

Wittenberg University College Aliens

Fall Semester

Speaker (Yoda)             2003-2004

  Fee                             500.00

  Advertisement             100.00

  Security                      30.00

  Hotel                          200.00

    Speaker Total:           830.00

UFO

  Maintenance            230.00

  

    UFO Total:             230.00

MISC. EXPENSE

  Office Supplies       

    (Tape, Markers, Notebooks, etc.)     30.00

    Total MISC. EXPENSE:                    30.00

ESTIMATED INCOME

  Ticket Sales             100.00   

SUMMARY

Total Fall Expenses:                  1090.00

Total Income:                          - 100.00

 

Total Fall Budget Request            990.00

 

•  The Budget Format

 

Wittenberg University Student Senate, in an effort to insure consistency in funding decisions, requires specific, denotation of all budget requests. Therefore, an event such as a speaker must be listed according to the various expenses associated with the event. For instance, while the budget heading is speaker, actual expenses must be attach to a specific item such as fee, security, advertisement, security, or transportation. Furthermore, all estimated income must be attached to a specific item such as fee, security or transportation. Furthermore, all estimate income must be subtracted from the organization’s total budget request.

  Often, an organization’s approved budget exceeds the actual expenditures for that budget semester. This excess money “rolls over” into Student Senate’s general budget and will be available to reallocate the following semester. Organizations may not, under any circumstances, retain excess funds from the previous semester unless they have rolling accounts. Rolling accounts may be established by making a written request to the Student Senate Treasurer. Decisions will be made on a case-by-case basis with the Senate Finance Committee bringing recommendations to the Student Senate for approval. Organizations that violate the funding guidelines set forth in this section may be subject to the penalties described in the Philosophy of Funding of the Wittenberg University Student Senate. Further penalties may be imposed at the discretion of Student Senate.