Finance Bill 26

A BILL TO BE ENTITLED AN ACT TO REVISE THE STUDENT GOVERNMENT BUDGET FOR THE 2012-2013 FISCAL YEAR

Short Title: Budget Revision Bill

Sponsors: Student Body Treasurer Murray

Signatories:

Referred to:

Version: Initial

First Reading: Second Reading:

WHEREAS, the university has imposed several budget restrictions since the passing of the Student Government 2012-2013 fiscal year budget; and,

WHEREAS, the projected revenue of the budget currently in effect was inaccurately calculated; and,

WHEREAS, the budget currently in effect is missing a budget line for telecommunication expenses; and,

WHEREAS, the budget revisions can be summarized as follows:

· an increase of $433 to line 802 (Network Access)

· an increase of $600 to line 1301 (SG Advisor Salary)

· an increase of $350 to line 1301A (SG Advisor Benefits)

· an increase of $150 to line 1302A (SG Office Manager Benefits)

· an increase of $155.70 to the Mandated Reserve

· an allocation of $4,500 to establish line 804 (Telecommunication)

· a decrease of $1,872.96 to line 1202 (Fall Appropriations)

· a decrease of $1,872.97 to line 1203 (Spring Appropriations)

now therefore be it,

RESOLVED, that the Student Government budget for the 2012-2013 fiscal year is now:

Section I - Fee Revenue		Recurring Revenues
2012-2013 Student Fees		$10.85
Academic Year 2012-2013		$304,234.00
Summer I and II Undergrad Revenue		$13,663.36
Summer I and II Grad Revenue		$2,442.77
Total Projected Fee Collection		$320,340.13
Fee Revenue		$320,340.13
Expenditures	Line	Total Expenses
Section I - Stipends
Tier 11
Student Body President	101	$4,650.00
Student Senate President	102	$4,400.00
Student Body Treasurer	103	$4,150.00
Student Chief Justice	104	$3,900.00
Tier 10
SG Webmaster	201	$700.00
Section I Total		$17,800.00
Section II- Office Management
Office Supplies and Maintenance	801	$5,000.00
Network Access Fees	802	$2,433.00
Transportation	803	$1,000.00
Telecommunication	804	$4,500.00
OIT Support	806	$3,668.00
University Fees/Assessments	807	$13,500.00
Section II Total		$30,101.00
Section III –SG Developmental Activities
SG Retreat	901	$1,200.00
Judicial Branch Conference	902	$300.00
SG Service Banquet	903	$700.00
SG Awards	903A	$500.00
Section III Total		$2,700.00
Section IV SG Initiatives
Finance Committee Disbursement*	1002	$13,000.00
*Disbursed as follows:
Leader of the Pack	1002A	$1,000.00
Take Back the Night	1002B	$1,000.00
Homecoming	1002C	$5,000.00
Service Raleigh	1002D	$1,000.00
Leadershape	1002E	$3,000.00
Wolfpack Welcome Week Silent Disco	1002F	$1,000.00
I Heart Diversity T-Shirts	1002G	$1,000.00
Section IV Total		$13,000.00
Section V Branch Programs
Legislative Branch	1101	$2,000.00
Campout	1101A	$4,500.00
College Cup	1101B	$1,500.00
Executive Branch	1102	$4,650.00
Think Outside the Brick	1102A	$1,000.00
The Brick	1102B	$2,000.00
Treasury Branch Operations	1103	$500.00
Judicial Branch Operations	1104	$500.00
Section V Total		$16,650.00
Section VI Appropriations
Committee Operations	1201	$200.00
Fall Disbursement	1202	$58,297.06
Spring Disbursement	1203	$58,297.05
Section VI Total		$116,794.11
Section VII Professional and Administrative Support
Assistant Director for SG Advising	1301	$42,600.00
Benefits	1301a	$14,350.00
Professional Development	1301b	$1,000.00
Office Manager	1302	$31,000.00
Benefits	1302a	$6,150.00
Work Study Student	1303	$1,500.00
Section VII Total		$96,600.00
Section VIII
University Mandated Reserve		$26,695.02
Section VIII Total		$26,695.02
Total Expenditures		$320,340.13
Estimated Fee Revenue		$320,340.13

and be it further,

RESOLVED, that this bill shall be effective upon enrollment.