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Warwick Students’ Union Society Budget Applications

This guide covers the timetable for budget training, principles, basics, online application process, appeals, and support contact information. Understand budget assessment, decision-making, appeals process, and key factors influencing budget allocation. Get tips on completing the online budget form and appealing decisions. Make informed financial planning for your society. Contact relevant staff members for assistance.

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Warwick Students’ Union Society Budget Applications

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  1. Warwick Students’ Union Society Budget Applications

  2. Today We’ll Cover… • Timetable • Budget principles • Budgeting basics • How to complete the online budget application • Appeals process • Who to contact for help

  3. Timetable Term 2 Week 10 Budget training & issue of guidance notes Term 3 Week 1 Budget submission by Friday 29th April, 5.00pm Week 2 Budget Assessment Panel review Week 3 Budget presentations to SocsExec Week 4 Decisions communicated to societies Week 5 Appeals submission by Friday 27th May, 5.00pm

  4. Budget Principles Student Council April 2014: SU is mandated to publish budget allocations on the SU website, with reasons for decisions SocsFed funding is normally for specific projects or equipment rather than the day-to-day functioning of the society Budget decisions are based on a analysis of key data eg number of members, current funds, sponsorship, future plans… 2015-16 submissions totalled £180k; we had £53k to distribute No submission from society = no SocsFed award

  5. Budgeting Basics Review of 2015-16 • Is membership stable / increasing / decreasing? • What activities have you been involved in? • What has worked well – and what hasn’t? • Is your record-keeping adequate for your needs? • Have you had any cashflow issues? Plans for 2016-17… • Work with your Exec and members to agree a plan

  6. Budget Application Form The budget application form is completed online warwicksu.com/societybudgets Problem with logging in? Contact your Societies Co-ordinator marcus.boswell@warwicksu.com megan.digweed-davis@warwicksu.com indy.sanghera@warwicksu.com

  7. Filling In The Budget Form Log in with your Society user name and password Data is saved each year, so that once you have submitted your application the first time, it will remember your inventory, events and other information to make them easy to modify in later years. Your application progress is shown on the right-hand side of the screen. You can jump between sections using the menu bar at the top of each page. You must complete all section before you can submit the finished application.

  8. SocsExec Decisions SocsFed funding is normally for specific projects or equipment rather than the day-to-day functioning of the society • Equipment • Entry fees where beneficial to the society & UoW • Licence fees • Website development  Trips, tours, balls, summits, conferences, workshops, socials  Foods & drink, marketing, stationery, Freshers fair  Transport – in most cases

  9. Appeals Process The Budget Review Panel will assess each submission and make recommendations to SocsExec. Once agreed by SocsExec, details of the allocations will be published on the SU’s website. Appeals should be submitted to the Societies Officer by 5.00pm on 27/05/16

  10. Help & Support If you need help with your log in or completing the online budget form contact your Societies Coordinator indy.sanghera@warwicksu.com meg.digweed-davies@warwicksu.com marcus.boswell@warwicksu.com If you need advice on your society’s finances contact the Deputy Finance Manager jacqui.anderson@warwicksu.com

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