1. Where is our money going?
An overview of DSU Budget
and expectation for
Mahbubur Rahman
Vice President (Finance & Operations)

2. Budget Process
The fiscal year of Dalhousie Student Union (DSU) is from April 1, to March 31.
Vice President (Finance and Operations) submits budget to Council before April 1 of each year.
Vice President (Finance and Operations) must ensure the budget is submitted to the Board for feedback before it is submitted to Council.
Board of Operations (BOPS) assist in developing an annual budget and make recommendations to Council regarding its approval.
A budget for each fiscal year is approved by Council before April 15 of each year.

3. Budget Process
Vice President (Finance and Operations) submits revised budget to Council before December 15 of each year.
Vice President (Finance and Operations) must ensure the budget is submitted to the Board for feedback before it is submitted to Council.
Board of Operations (BOPS) make recommendations to Council regarding its approval.
Budget is revised by Council before December 15 of each year.

4. Budget
January 25-February 12,2016:Consultation with Societies and students
February 22- March 4,2016- Receiving draft departmental budget from Staffs and Executives
March 7-March 18,2016- Preparation of Budget
March 20,2016- Submitting Budget to DSU Councillors
March 21-March 22,2016-Discussion with New Execs(16-17)
March 23,2016- Budget Presentation to DSU Council
March 24-March 27,2016- Student Feedback on Budget
March 28, Budget will be presented to Board of Operation for recommendation
April 6,2016- Budget will be voted on DSU council for approval

5. Budget

16. Service Revenue Revenue Expenses Surplus (Deficit) Budget
Revised Budget
Campus Copy
Reservation
Technical
Farmers Market
Handbook
0.00

17. Grawood Bar (less COGS)
Bar and Food Services
Revenue
Expenses
Surplus (Deficit)
Budget
Revised Budget
Food Services
Grawood Bar (less COGS)
Grawood Food (less COGS)
T Room (less COGS)
Bar Function (less COGS)
Bar Invoices (less COGS)
264.75
7.36

18. Programming Revenue Expenses Surplus (Deficit) Budget Revised Budget
Orientation
Grawood
Student life
Sexton Programming
Other Programming
0.00

21. Summary of Revisions
Student fee is expected to have no increase this year.
Most of our revenues are expected to be lower than last year.
No significant cut is made for allocations to Services and Programming.
DSU Budget is deficit of $18, and revised budget proposed a deficit of $20,
Considering the challenges of this year, we are doing great.

22. Challenges for 2016-17 Student fee will not be increased
Operating cost is increasing
Campus bars are not profitable
Renovation impacts on revenue
Food service transition
Potential less revenue from contracts
More societies seeking for funding
Continuing new services

23. Let me know your your priority
Advocacy
Community
Events
Services

24. What we need to do to make sure that “Your student FEE works for you?”

25. For More information: Phone: Cell: Or message me in Facebook or Twitter More Resources: Audited Statements Audited statements

26. Thank You