BUDGETS!!!!

Your Club’s Name Check Annual Budget Request Ensure chair, advisor, and treasurer information is correct and submitted form must be original

Current Budget column reflects the income and expenses from the Academic Year Amount requested column consists of the anticipated income and expenses for the upcoming Academic Year

What is Carryover? Carryover is surplus funds left after the last budget cycle. Carryover is surplus funds left after the last budget cycle. Therefore, the carryover under the Amount Requested/Reline column should be the difference of the total income and the total expenses under the Current budget column Therefore, the carryover under the Amount Requested/Reline column should be the difference of the total income and the total expenses under the Current budget column Alternately, the carryover under the current budget column can be computed from an earlier budget. Alternately, the carryover under the current budget column can be computed from an earlier budget.

Income The income fields under the current budget column should consist, at least, of the following: The income fields under the current budget column should consist, at least, of the following: ASI Allocations ASI Allocations Fundraising Fundraising Carryover Carryover Remember that all these quantities are from the past academic year.

Income The income fields under the Amount Requested/Reline column should consist, at least, of the following: The income fields under the Amount Requested/Reline column should consist, at least, of the following: Carryover Carryover Fundraising Fundraising

Income At least 20 percent of your anticipated expenses should be supported by your fundraising activities At least 20 percent of your anticipated expenses should be supported by your fundraising activities Other sources of income include donations and membership dues Other sources of income include donations and membership dues

Expenses All fields under this section should reflect all activities and expenses that utilize funds in the club ASI accounts. All fields under this section should reflect all activities and expenses that utilize funds in the club ASI accounts. All dollar amounts need to be as specific as possible All dollar amounts need to be as specific as possible

Line Item Justifications This second part of the budget package explains every single line of the actual budget form This second part of the budget package explains every single line of the actual budget form As a rule, specificity should be directly proportional to dollar amount. As a rule, specificity should be directly proportional to dollar amount. Please use the format standard format consisting of: Please use the format standard format consisting of: Line # Line # Expense/Income title Expense/Income title Dollar amount Dollar amount Explanation/Justification Explanation/Justification

Program Questionnaire Final part of the budget package Final part of the budget package Utilize standard format Utilize standard format The following questions need to be answered: The following questions need to be answered: 1. What is the purpose of your organization 2. Question 2 does not apply 3. Approximately how many students are served by your organization? 4. Provide a list of officers, coordinators, and advisors for your organization

Program Questionnaire Questions cont. Questions cont. 5. Describe your prior and current year events, attendance, and outcome. 6. Did you receive funds or plan to seek additional funding from the ASI Budget Committee or the IRA Fee Committee during the fiscal year? 7. Describe attempts or receipts to generate funds from other sources 8. What are your organization's goals for

Late submissions Budgets are due today Budgets are due today Incorrect and incomplete budgets need to be submitted ASAP Incorrect and incomplete budgets need to be submitted ASAP There is no second due date There is no second due date