Student Government Association Treasurer Tanya Flink announced the creation of a new appeals account — which will be used to store funds later allocated to various student organizations — on Tuesday at the weekly SGA meeting.
During the meeting, Flink — a junior political communication and performing arts double major — explained that all money granted through appeals will now be taken from the new appeals fund rather than the formerly used pool account, which also served as a holding account for the college.
With the creation of the appeals account, Flink will have direct access to the money, which will expedite the allocation process when organizations seek additional funds.
Last spring, the funds allocated to various SGA-recognized organizations amounted to $535,000, according to Associate Dean of Students Sharon Duffy. Duffy said the funding granted to organizations came from the student activities fee that each student pays.
“The appeals account has $120,000 in it as of today,” said Duffy in an email to the Beacon. “The ability to check on the actual balance of the appeals account and the status of expenditures in and out of it will make for a more efficient process for all involved.”
Tau Zaman, SGA president, said organizations applied for a total of $780,000 through their Financial Advisory Board (FAB) packets last spring.
Zaman said that the entirety of the funds available were distributed to student organizations, which totaled to $535,000. Zaman said the additional $120,000 is what went unused by organizations last year, which then rolled into the appeals account.