Members review finances for spring semester
Liz O'Donnell | Wednesday, February 18, 2009
Members of the Council of Representatives (COR) reviewed the Financial Management Board’s (FMB) spring reallocation at their meeting on Tuesday evening.
Student Union Treasurer Kadeja Gaines said that $23,307.30 was reallocated in the process.
Before in the initial allocation process, each group is awarded a certain amount of money to use throughout the school year, she said.
Every spring, each campus group takes an estimate of the amount of money they will need to finish out their planned activities for the school year. If they are in need, then the various groups request money during the reallocation process.
Other groups, who may have requested more money in the initial allocation process than needed, will give their money back, Gaines said. This year, the Judicial Council gave back $1,200 of their initial allocation.
About $15,000 went to various clubs and organizations, while the rest of the money went to other student groups who requested the additional funding.
“After reviewing each group’s expenses, we approved the requests on the basis that all had spent their initial allocations wisely and effectively,” Gaines said.
Council members also discussed the effectiveness and accessibility of the College Readership Program.
Student body president Bob Reish wanted feedback from the Council to see whether or not the College Readership distribution locations were in areas easily accessible to the undergraduate student population.
The College Readership Program has six distribution centers, which are located in the Mendoza College of Business, North Dining Hall, South Dining Hall, the Hesburgh Library, LaFortune Student Center, outside the Joyce Center.
COR members suggested looking into the possibility of adding a distribution center in DeBartolo Hall, since there is a large volume of students with class in the building on a daily basis.
Sophomore class president Cynthia Weber asked if there is a way to see how many of the papers are being used on a daily basis in order to finance the program more efficiently.
While most of the papers are being read, Reish said that those that have been left untouched are taken off the bill.
“Say for example we ordered 50 copies of the Chicago Tribune and only 40 of the papers were used, the extra 10 would be taken off the bill,” said Reish.
While COR members discussed the idea of possibly having a place in the dining halls where used papers could be kept for others to read, the Council decided that some people would rather have their own newspaper than read one that had been previously used.
The three papers included in the College Readership Program are The New York Times, USA Today, and The Chicago Tribune.
“A survey was taken my freshman year to determine what papers would work best in the Program,” Reish said. “These papers were the best to fit both national and local news, as well as what students were most interested in.”
In Other COR News:
Members voted to unanimously approve Nick Danna as the new Student Union Treasurer. Danna, a sophomore from Fisher Hall, will take office April 1.
Student body vice president Grant Schmidt brought up the issue of the poor internet connection in the Coleman-Morse Center. Members of the Council voiced their concern over this issue, as well as the lack of service in the dining halls.