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
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Crisis Center
SCOPE
Homecoming Council
Dance Marathon
Student Video Productions
Bijou
RVAP
Indian Student Alliance
KRUI
Joint Finance
Committee (JFC)
GPAC & SABAC
GPAC = 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 Request
2. Submit Budget Application Supplemental
Form
Submitting a Request
1. Log into OrgSync and go to your org’s main page….
Submitting a Request
2. Hover
over
“Treasury”
and click on
“Budgets”.
Submitting a Request
Make Sure
you select
the correct
period.
3. Click on
“New
Budget”
Submitting a Request
4. Fill out
Budget
Request.
Supplemental Form
Listing of CFOs Revenue Sources
Includes:
• 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 submission
2.JFC meeting
• With CFO representatives
3.JFC evaluation and
recommendation
4.ECGPS and UISG approval
JFC Changes
The 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 Cap
Equal 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:
Assessment
Year End Reversions
Unforeseen Circumstances
Communication with
UISG and ECGPS officers
UISG Chief Financial Officer
Drew Turner
[email protected]
ECGPS Budget Director/GPAC Chair
Gene Parker
[email protected]