Capital Expenditures Fund
Established to provide quick funding to clubs that have large, emergency expenses
2% of F-board budget to Cap Ex Fund;
$150,000 cap on fund
Built to replace the individual emergency funds held by some secured organizations
Secured Organizations Reform
Percentage system to be replaced with dollar-figure allocation (baselines)
Secured organizations must OK budget with Finance Board
Baselines are only recommended values, and can be exceeded if necessary
Secured groups can come in front of Finance Board multiple times over a semester as necessary
Baseline allocations significantly lower than past percentage allowances (see graphs, right). Exceptions: Waltham Group, BTV
The Student Union and the Justice are not required to OK budgets;
however, their budgets have been reduced
Information courtesy Student Union (Proposal for Student Activities Fee Reform)