Senator Roberta Hansman submitted the following report on Monday, March 5, 2001, on behalf of the Finance Committee, and pursuent to its March 4, 2001 recommendations:

Attendance

No attendance data is available.

Several changes were made from the the current budget for this year and the one proposed for next year. These changes and a brief reasoning for each are as follows:

-- first off, treasurer emeritus payne included money from the unencumbered balance ($37,700) as revenue in addition to the money sg receives from student fees when making the current budget, that money however will not be available over and over, so the estimated amount that treasurer anthony included from what will roll over from this year's budget is significantly less ($12,621 as a low-end estimate), so significant cuts were made in some areas to compensate for that difference of about $25,000 between this year and next

-- line item 601 - office supplies and maintenance - we combined several line items from the current budget and lumped them together in this one, this line item now includes computer, printer, and copier maintenance, paper and printing, postage, and web development . . . the amount was also reduced from around $7000 to $5200 just by looking at the fairly large balance that had been left in these line items the past few years

-- line item 703 - student body treasurer operational expenses - this amount was reduced because the operational expenses of the treasurer for this past year was less than the other offices and included mainly fee review committee and finance committee meetings

-- line item 801 - homecoming - this amount was cut from $20,000 to $15,000 mainly to help compensate for the $25,000 lacking for next year as compared to this year . . . $15,000 should still be a sufficient amount to sustain and continue the growth of homecoming events

-- line item 803 - take back the night - this amount was increased from $1000 to $1500 because of the growth this program has seen over the past few years

-- line item 902 - service raleigh - this amount was increased from $1000 to $1500 because this is also a great project that has grown significantly

-- line item 903 - recreate state - this amount was decreased from $1250 to $500 because so little was spent this year for recreate state

-- line item 905 - outstanding person program - this line item is comprised of $3000, $1500 of which is already committed to the scholarships that will awarded this year (the money has to come out of next year's budget because the checks are cut when the recipients come to school in the fall), the remaining $1500 is for the implementation of the program by the diversity committee, not for scholarships

-- line item 906 - academic integrity programs - this line item was added to aid with the publicity and function of various academic integrity programs next year

-- line item 1301 - sg general activities and project fund - we cut this amount from $20,000 to $15,000 for much the same reason as homecoming was cut, $15,000 should still be a significant amount to work with for projects next year