Finance Committee Meeting

              
              Thrusday,February 21, 2008
              Attended:

              Kristen Hudak
              Cole Creighton
              Steve Morse
              Ehsan Kianirad
              Muhammad Shahreau
              Madeeha Basharat



              

Minutes of the Meeting

- Discussed possible policy changes for next years finance committee bylaws 1.Incease annual cap on per student conference requests; decided to leave cap unchanged for now 2.Discussed changing timing of group requests; possibly have only two request periods and give out funds for entire period prior to the actual period 3.Amend the bylaws to include emergency access to reserve account; put in stipulation to only access reserve account once a year. Only if budget is exceeded for conference and group funding, and even then can only access a certain percentage of what has already been given out - Budget allocations for next academic year 1.Discussed what parts of the current budget could be cut for next year based on what has been used up so far this year 2.Began talking about how much to included in next years funding budget for groups and individuals - Discussed new business for next meeting 1.Finalize next years budget 2.Go over drafted bylaw amendments