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Funding for Collaborative Funding Organizations (CFOs)

Funding for Collaborative Funding Organizations (CFOs). University of Iowa Student Government & Executive Council of Graduate and Professional Students. Introductions. Name Organization Position/Role. CFOs FY14 Allocations. Crisis Center SCOPE Homecoming Council Dance Marathon

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Funding for Collaborative Funding Organizations (CFOs)

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  1. Funding for Collaborative Funding Organizations (CFOs) University of Iowa Student Government & Executive Council of Graduate and Professional Students

  2. Introductions • Name • Organization • Position/Role

  3. CFOs FY14 Allocations • Crisis Center • SCOPE • Homecoming Council • Dance Marathon • Student Video Productions • Bijou • RVAP • Indian Student Alliance • KRUI

  4. Joint Finance Committee (JFC) GPAC & SABAC GPAC = Graduate/Professional Allocation Committee (the budget committee for ECGPS) SABAC = Student Assembly Budget & Allocation Committee (the budget committee for UISG)

  5. Application Steps • Submit Budget Request • Submit Budget Application Supplemental Form

  6. Submitting a Request 1. Log into OrgSync and go to your org’s main page….

  7. Submitting a Request 2. Hover over “Treasury” and click on “Budgets”.

  8. Submitting a Request Make Sure you select the correct period. 3. Click on “New Budget”

  9. Submitting a Request 4. Fill out Budget Request.

  10. Supplemental Form • Listing of CFOs Revenue Sources • Includes: • Revenue from tickets or products/services sold • Funding from other on & off campus programs • Revenue from advertising/promotion • Donations from U of I Foundation • Revenues from membership fees/dues • Contracts with other campus/student orgs

  11. The Process Review of Budget Requests • Budget submission • JFC meeting • With CFO representatives • JFC evaluation and recommendation • ECGPS and UISG approval

  12. JFC Changes • The Revisions are as follows: • If not passed by Student Governments • Sent to UISG & ECGPS Executives • Sent back to Student Governments • If failed again, Sent back to SAF Committee • Allowed to come to our meetings to explain merits of applications & answer our questions • Review of the CFO Recognition Applications • Fiscal Year Budget Review Meeting

  13. Fiscal Year Cap • Equal to: • Previous Fiscal Year Caps • +/- % Change in SAF revenues • + 3 year weighted average (3rd being heaviest) of any newly recognized CFO. • - current FY allocations of any CFOs that have lost recognition.

  14. Discussion New Initiatives: • Assessment • Year End Reversions • Unforeseen Circumstances

  15. Communication with UISG and ECGPS officers UISG Chief Financial Officer Drew Turner Drew-Turner@uiowa.edu ECGPS Budget Director/GPAC Chair Gene Parker Eugene-Parker@uiowa.edu

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