FINANCE COMMITTEE MINUTES DATE: February 5th, 2019
MEETING START TIME: 5:00
ATTENDANCE:
Committee: Cimbal, Lachance, Taylor, Colicci, Vutech Absent:
Non-Committee: Nelson, Menard, Goyette
COMMITTEE DISCUSSION:
- Topic 1: MMA Club
- 5 semesters in
- Getting off the ground, they now have a space for MMA. They have plenty of people right now, but they do not have any equipment
- He wants a budget for fundraising and future equipment.
- Puzzle sport mat is the highest cost item. They requested 25 of these mats.
- Mats are about 40 by 40 inches, and can be placed together. If they need to change rooms, they can configure the mats as needed.
- There are many things that they can’t teach right now, because they need mats for safety.
- 18 was their highest attendance at one point.
- Joe passes around excel sheet, showing the cost of each item and the totals.
- Colicci is curious as to where they would store this equipment?
- They say that they are likely going to contact the manager of the building at the Union, as there are lockers upstairs. They haven’t yet made contact, because he is unsure how much the Finance Committee is going to offer.
- They plan to do some fundraising in the Spring, perhaps with T-Shirts. Maybe with a donut selling.
- Taylor is not going to allow things be kept in residential halls, because the access is too “open,” and things tend to disappear, or be misused.
- Lachance voices that 25 mats is a lot, especially since the organization is still fairly new.
- Cimbal says that if they can find the space, because of the high attendance rate, they should get pretty much everything that they are asking for.
- Group will be back at a later date, once they find a place to store the items that are being requested.
- Topic 2: Committee Priorities o One thing to note is that everyone doubled in how many organizations each of the liaisons is assigned to
- Two people have left the committee (Pellisson and Feeney are gone) o Lachance may become Vice Chair of the Finance Committee o Priorities are in a “light” emergency phase, because we don’t have enough people to take care of all the work that is to be done.
- We have 5 of 7 people.
- We must fill those two seats as quickly as possible.
- Priority 0, Budgeting is moving forward. There is a presentation that we are about to watch.
- Currently watching the video.
- Two things will be taken into account this budgeting season. Budget performance from the previous years, and executive plans.
- Not taking into account viewpoint neutrality. (Coalition)
- Whatever a viewpoint is, we will not take away a budget. We can’t judge an organization that has a particular viewpoint, and then not allocate them certain funds.
o Four tiers of eligibility. There are limits now, whereas there really weren’t before.
- Topic 3: Student Senate Contingency Grant o Tent o Computer set o Office chairs
- Chairs have seen the end of their days (the leather ones), and the computer is very old as well.
- The tent has our branding on it. But, they don’t really have a place to keep this, other than the Senate Office.
- Tent will have a 5 year warranty. If any part of it breaks, we can replace it. o The tent likely will not fit in the office.
- This is fairly needed by the Senate. The Tent would be very helpful. We are currently not considering the computers and other techy stuff.
- This will come out of General. The computers will come out of Capital Improvement.
- Put to a vote
4-0-0
- Extra: Close the Meeting o 4-0-0
MEETING ADJOURNMENT TIME: 5:56 PM