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Engineers’ Council. Thursday, November 17 th 2011. Tasks. Decide on a fund disbursement budget strategy Discuss parameters Weigh options Vote Discuss eligibility of organizations Comments and concerns! Vote. Disbursement Strategies. We have designed 4 options
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Engineers’ Council Thursday, November 17th 2011
Tasks • Decide on a fund disbursement budget strategy • Discuss parameters • Weigh options • Vote • Discuss eligibility of organizations • Comments and concerns! • Vote
Disbursement Strategies • We have designed 4 options • This is the time for anyone who has another option to propose theirs • There are several parameters to be considered for each option. These include E-Council’s annual budget & quarterly budget, eligibility (attendance and budget presented with viable expenditures), volunteer hours • Please consider all these things while choosing which strategy to use.
2011-2012 Cost Breakdown • $60,000 • 56 Organizations • 49 Eligible Organizations ~ $1,225/Org (Average)
Method 1 • Notes:
Method 2 • Notes:
Method 3 • Notes:
Method 4 • Notes:
To maintain eligibility for next year, your organization will be required to justify your fund request by producing receipts proving expenditures incurred, totaling the amount requested. Discussion: Funding Eligibility • Will require Advisor’s verification • Your verification form will be emailed to you. Please return it to weimer.57@osu.edu as soon as possible to receive your funding.
Discussion: Funding Eligibility Comments and concerns about any particular organization’s budget?
AWS Expenses Total Expenses = ~ $9,500.00 AWS
SGT Expenses • Sigma Gamma Tau (SGT) • National Aerospace Engineering Honor Society
ESW Expenses Engineers for a Sustainable World
SASE Current Projected Expenses Assumptions: (1) Assume 5-10 attendees per college (2) 7 Colleges will be able to attend the Regional Conference (3) Costs roughly mimic Leadership Conference Costs Major cost is Food and Beverages if held in Ohio Union.
Underwater Robotics Expenses Total: $15,100
Next Quarter First meeting will be Thursday, the second week of the quarter, same time, same place (unless anything changes) Will email a confirmation to the listserv Have a great, relaxing holiday break!