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Tuesday, October 05, 2004
# posted by Anonymous @ 3:04 PM

ASUC Contingency Fund Dropping Fast

As of the end of Monday night’s Financial Committee meeting, the ASUC had approximately $1400 (of $11000) from the Senate Contingency Fund left in its allocation for the Fall 2004 semester.

This isn’t quite as bad as it sounds. This year’s Senate has been working with a smaller Contingency Fund than in years past. The Financial Committee has dealt with 60 or so bills for money allocations, and most bills have been slashed down to bare minimums. The problem is merely that way too many bills are going through the committee right now. Dozens of new student groups are beginning to get off the ground, and demand for ASUC money is very high right now.

That being said, this quick expenditure of money is still at least a minor worry, and student groups can probably look forward to being nickled-and-dimed for the next few months unless alternate sources of funding can be found.
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