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2011-2012 Consolidated Budget

2011-2012 Consolidated Budget. Presented to the members of the AMS Assembly. Prepared by Ashley Eagan, Vice-President Operations October 27 th , 2011. Presentation Timeline. Process Operating Fund Restricted Funds Bottom Line – Overall Consolidated Budget Notes and Moving Forward

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2011-2012 Consolidated Budget

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  1. 2011-2012 Consolidated Budget Presented to the members of the AMS Assembly. Prepared by Ashley Eagan, Vice-President Operations October27th, 2011

  2. Presentation Timeline Process Operating Fund Restricted Funds Bottom Line – Overall Consolidated Budget Notes and Moving Forward Service Director Presentations

  3. Process • June/July – Strategic Planning • July/August – Budgets submitted to Executive and Board of Directors • August – Service budgets approved by Board of Directors • September – Operating budgets and Restricted Fund budgets finalized • October – Consolidated budget approved by Board of Directors; Consolidated budget approved by AMS Assembly

  4. Operating Fund Assembly Budget General Office Other Operations Services

  5. Operating Fund

  6. Operating Fund History

  7. Assembly Budget

  8. Assembly Budget

  9. General Office Budget

  10. General Office Budget

  11. Other Operations Board of Directors Student Life Centre Administration MacGillivray-Brown Hall Communications Office Human Resources Office Marketing Office Information & Technology Office

  12. Board of Directors Budget

  13. Board of Directors Budget

  14. Student Life Centre Administration Student Centre Office > Student Life Centre What Changes? Retail Tenant Revenue Locker, Room, and Table Revenue Increase in Salaries

  15. Student Life Centre Budget

  16. Student Life Centre Budget

  17. Mac-Gillivray Brown Hall It’s here to stay!

  18. Mac-Brown Budget

  19. Mac-Brown Budget

  20. Human Resources Budget

  21. Human Resources Budget

  22. IT Office Budget

  23. IT Office Budget

  24. Restricted Funds What are they? Advantage Fund Accessibility Fund $3.00 Health & Dental Fund $112.43/$97.15 Student Centre Fund $29.73

  25. Restricted Funds

  26. Student Centre Fund Changes?

  27. Student Centre Fund Increase of $200,000 operating expense …or other words 33% expense increase

  28. Consolidated Budget

  29. Consolidated Budget Notes to consider… Deficit represents 0.02% of overall budget Amalgamation of SLC into Society structure Long term investment into Mac Brown 97% decrease in Bus-It revenue Transfer of Queen’s Centre contribution

  30. Moving Forward… Discussions on current and future student fee revenue effects Allocated expenses philosophy review Develop policy surrounding financial controls on staff and volunteer appreciation Continue to breakdown large line items to ensure accountability and eliminate expenses Formalizing budget timeline process in conjunction with the Student Life Centre Council

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