Funding for Collaborative Funding Organizations (CFOs) University of Iowa Student Government &...

Funding for Collaborative Funding Organizations

(CFOs)

University of Iowa Student Government&

Executive Council of Graduate and Professional Students

Introductions

• Name• Organization• Position/Role

CFOs FY14 Allocations

Crisis Center SCOPE Homecoming Council Dance Marathon Student Video

Productions Bijou RVAP Indian Student Alliance KRUI

Joint Finance Committee (JFC)

GPAC & SABACGPAC = Graduate/Professional Allocation Committee (the budget committee for ECGPS)SABAC = Student Assembly Budget & Allocation Committee (the budget committee for UISG)

Application Steps

1. Submit Budget Request2. Submit Budget Application

Supplemental Form

1. Log into OrgSync and go to your org’s main page….

Submitting a Request

2. Hover over “Treasury” and click on “Budgets”.

2. Hover over “Treasury” and click on “Budgets”.

Submitting a Request

Make Sure you select the correct period.

Make Sure you select the correct period.

3. Click on “New Budget”

3. Click on “New Budget”

Submitting a Request

4. Fill out Budget Request.

4. Fill out Budget Request.

Submitting a Request

Supplemental Form

Listing of CFOs Revenue SourcesIncludes:•Revenue from tickets or products/services sold•Funding from other on & off campus programs•Revenue from advertising/promotion•Donations from U of I Foundation•Revenues from membership fees/dues•Contracts with other campus/student orgs

The Process

Review of Budget Requests

1.Budget submission2.JFC meeting

• With CFO representatives3.JFC evaluation and recommendation4.ECGPS and UISG approval

JFC ChangesThe Revisions are as follows:•If not passed by Student Governments

• Sent to UISG & ECGPS Executives

• Sent back to Student Governments

• If failed again, Sent back to SAF Committee

•Allowed to come to our meetings to explain merits of applications & answer our questions

• Review of the CFO Recognition Applications

• Fiscal Year Budget Review Meeting

Fiscal Year CapEqual to:•Previous Fiscal Year Caps •+/- % Change in SAF revenues•+ 3 year weighted average (3rd being heaviest) of any newly recognized CFO.•- current FY allocations of any CFOs that have lost recognition.

Discussion

New Initiatives:

AssessmentYear End ReversionsUnforeseen Circumstances

Communication with UISG and ECGPS

officersUISG Chief Financial Officer

Drew Turner Drew-Turner@uiowa.edu

ECGPS Budget Director/GPAC ChairGene ParkerEugene-Parker@uiowa.edu