1. Student Association Fiscal Year 14-15 BUDGET Ben Pryde, Finance Chair & Caroline Bourque, Finance Vice-Chair August 24, 2014 Ben Pryde, Finance Chair & Caroline Bourque, Finance Vice-Chair August 24, 2014

2. SA Fee: How it Works Student Association Fee Pool (~$1.1 million) GW Students: $1.50-$2.00/credit hour dependent on date of matriculation University: $.50/credit hour ReclamationsRollover Co-Sponsorship Fund(15%) Initial Allocations(85%)

3. SA FY15 Budget Breakdown Total Budget FY15: $1,103,371(+12% from FY14) Spring Allocation Budget: 1,103,371*0.82 = $904,764 Spring Allocation Appeal Budget: 1,103,371*0.03= $33,101 Co-Sponsorship Fund: 1,103,371*0.15 +FY14 rollover= $225,761

4. Comparison to Previous Years

5. Largest Allocations FY 12-13FY 13-14FY14-15 Student Bar Association Program Board Med Center Student Council Club Sports Council MBA Association Med Center Student Council Club Sports Council MBA Association College Dems/Republicans College DemocratsAlternative Breaks

6. Top 15 Organizations FY 12-13 FY 13-14FY 14-15

7. Key Measures Average Allocation FY 14-15: $3,809 Average Allocation in FY 13-14: $3,173 Average Allocation in FY 12-13: $2,979 83 Orgs at $1000+ in FY 13-14, up to 83 in FY 14-15 93 Orgs at $750+ in FY 13-14, up to 108 in FY 14-15 12 Orgs at $1-$100 in FY 13-14, down to 3 in FY 14- 15

8. Umbrella Organizations The following organizations have been designated as umbrella organizations: Student Bar Association (G)* Medical Center Student Council (G)* GSHED Student Association (G) MBAA (G) Club Sports Council (U) Inter-Fraternity Council/ / The Panhellenic Organization (U) Multicultural Greek Council (U) The Engineer’s Council (U) Jewish Student Association (U) * Bold denotes the umbrella “opted-in” under Bylaw 303, Section 3 (D)

9. Internal FY15 SA Budget Total Internal SA Budget ~2.5% of Overall SA Budget SA Executive Budget: $27,882 Executive budget mainly covers: Office Assistants, Xerox contract, VPFA and Assistants SA Legislative Budget: $0 SA Judicial Branch: $0

10. The finance committee shall not consider: Parity between similar organizations Student body funds that were unspent by the organization in previous years Other factors: The Student Association has a non-discrimination clause in its bylaws. As such the Finance Committee can and will penalize an organization found to be discriminating against members by the University run “Student Grievances Panel ”. (A) The number of individuals expected to benefit from the experience. (B) The prestige brought to the University by the student organization or event. (C) The location of the event, with a preference given to events held on campus. Tier 1 (A) The revenue the student organization generates or fundraises for itself, with preference given to organizations that generate revenue. (B) Whatever item to be purchased is a durable good or one- time use, with preference given to durable goods. (C) How efficiently the student organization has spent student body funds allocated to it in accordance with its budget Tier 2 (A) Whether the event has been put on previously and to what success. (B) The student organization’s compliance with these Bylaws. (C) The history of the student organization, including its prior general allocations. Tier 3 Criteria

11. Budget Breakdown Administrative: Office supplies, memberships, athletic officials, non-GW printing, graphics, uniforms (8% of total budget) Programming: Any spending that advances execution of an individual program. (72% of budget.) Sub-organization: Money that must be allocated by an umbrella group to their sub-organizations. (20% of budget.)

12. Line-Item Budgeting First year of true line item budgeting Intense education for student organizations was performed Organizations need continued education in coming year on how to access funds under new system Brings Student Association into line with University Standards Necessary as SA budget increases over next decade from $1MM to approx. $2MM

13. Line-Item Transfer Requests

15. Graph of Fee Increase

16. FY 2014 $1.50/credit hour to $1.75 credit hour FY 2015 $1.75/credit hour to $2.00/credit hour FY 2016 $2.00/credit hour to $2.25/credit hour FY 2017 $2.25/credit hour to $2.50/credit hour FY 2018 $2.50/credit hour to $2.75/credit hour FY 2019 $2.75/credit hour to $3.00/credit hour Fee Increase Schedule