Senator Thomas Croom submitted the following report regarding Appropriations Bill 88, "An Act to Appropriate Funds for the 2001-2002 Fiscal Year", on Sunday, April 1, 2001, on behalf of the Select Budget Committee, and pursuent to its April 1, 2001 recommendations, by unamimous consent:

As provided by Senate Rule 12(b), the committee requests that the Senate President place AB 88 on the calendar for second reading.

Attendance

No attendance data is available.

Purpose of the Legislation:

2001-02 Fiscal year Student Government Budget.

Background Information:

The 2000-01 budget included an unencumbered balance of more than Twenty Six Thousand dollars. An increase in spending and student government initiatives that arose from the use of these unencumbered funds have put the proposed budget for 2001-02 at a three thousand dollar spending DEFICIT.
Proposed spending for 2001-02 fiscal year exceeded estimated Student Fee Revenues by $10,425.
A goal set for the committee was to find approximately two thousand dollars to construct a new line item. This new line item would be designed to ease the pressure on the allocations process in an attempt to allocate more money to more organizations.

Debate:

Debate centered on reductions required for rectification of the budget DEFICIT.

Recommendations:

The Select Committee on the Budget recommends that this budget, as ammended, be adopted for the 2001-02 fiscal year.
Meeting goal for creation of new line item was not deemed prudent in light of required reductions for this fiscal year.
We further recommend a proposal for consideration of such a line item in the next fiscal year budget review.

Committee Amendments:

All attempts were made to reduce budget items from as many sources as possible equitably and without prejudice. The committee made the consentual decision to budget only those funds estimated by the office of Undergraduate Planning and Analysis to be available for use. No funds from any other source were considered appropriate for allocation.
Line 103- Reduced from $3300 to $3000.
Line 104- Reduced from $3300 to $3000.
Line 201- Reduced from $2400 to $2000.
Line 401- Reduced from $800 to $600.
Line 402- Reduced from $2000 to $1500.
Line 601- Reduced from $5200 to $4400.
Line 704- Reduced from $1000 to $500.
Line 903- Reduced from $500 to $400.
Line 1001- Reduced from $2000 to $1500.
Line 1005- Reduced from $2500 to $1500.
Line 1201- Reduced from $1000 to $900.
Line 1301- Reduced from $15000 to $10000.
Total Reduction $10500.
DEFICIT- $0
SURPLUS- $75