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Members discuss allocation of funds

Joseph McMahon | Wednesday, January 16, 2008

In a short, sparsely attended meeting, the Council of Representatives started the new semester with a discussion on the review and allocation of funds made by the Financial Management Board (FMB).

The FMB, which is composed of all the treasurers of the organizations represented by COR, was pleased with the fiscal responsibility of all groups involved and made only several small changes to its original plans for the spring allocation.

“It was our job to evaluate the spending of each organization and to make sure everyone is being fiscally responsible,” said junior Kadeja Gaines, the Student Union treasurer and FMB member. The group was pleased with its findings, Gaines said.

Gaines pointed to the Off-Campus Council as an example, which returned $500 that it felt it no longer needed. In addition, the Club Coordination Council received an extra $826 and the Student Union Board received an additional $7,000.

The money for the spring allocation comes from the student activity fees students pay at the beginning of the fall semester.

In other COR news:

u COR members briefly discussed attending a three-day fair in St. Louis run by the National Association of Campus Activities. About four Notre Dame students will receive a free trip to the conference, which will feature presentations by a wide variety of companies.