NOTICE OF MEETING OF THE BUDGET ALLOCATION AND SPENDING COMMITTEE OF
ASSOCIATED STUDENTS OF CSU CHANNEL ISLANDS, INC.
A meeting of the BASC members will be held on Monday, November 30 at2:00 p.m.
Attendees:
Missy Jarnagin - Absent
Zach Valladon - Absent
Connor Collins
Christopher Bell
Shayna Barker
Alex Yepez
Members of the public:
Lundon Templeton
Cindy Derrico - Phone
Genesis DeLong
Call to Order: 2:05pm
Approval of Minutes:
N/A will approve 11.03.15 and 11.30.15 in January meeting
Public Forum:
Old Business:
New Student Organization Seed Money (C. Collins)
i. Genesis: Defining Seed Money, $200 historically given to student orgs without
review of the BASC.
ii. Cindy: We don’t know when ASI stopped implementing the $200. New clubs
could request funding from the BASC. Christine did not recommend the $200, it
was just a point of reference. Do we initiate new seed money of $200
automatically with conditions? Suggests that if new see money is allowed to be
requested, then a budget request should be submitted, as well as review of the
BASC needs to happen. Do we allow clubs to request over the $200 and what
conditions come with that?
iii. Genesis: Lundon, Christine and Liz Miller met and information gathered was that
Liz has two hard Fall and Spring Semester deadlines and that only one to two
organizations usually register in the Spring Semester.
New Business:
Review total budget (C. Collins)
i. Cindy: Based on a 2% headcount increase for 16-17, the total headcount is 6,290 and
the revenue projected is $943,500.00 for ASI and $2,037,960.00 for the Student Union.
For FY16/17 ASI is requesting $968,042, which is in surplus by $24,542 of the expected
revenue. Cindy suggests that the Student Organization requested budget of $100,000 be
reduced to meet the expected revenue number or we leave the request as is and pull
from reserves when needed, because reserves are about $75,000 away from the
maximum cap.
Action Items/Motions:
b. Motion by Alex, seconded by Chris and approval by Chris, Alex, Connor, and Shayna to allow
new student organizations to present, a budget request, on a rolling basis, for seed money up
to $250, a one-time request, per year for review and approval by the ASI staff. The ASI staff will
report back to the BASC regarding allocated seed money.
i. Cindy: If new clubs receive the $250, then can they request additional funds from ASI or
not?
c. Motion by Alex, seconded by Chris and approval by Chris, Connor, Alex, and Shayna to allow
new student organizations to present, a complete budget request for additional funds up to
$750 per year, on a rolling deadline, for review and approval by the BASC.
Questions
Adjournment: 3:02pm
Minutes respectfully submitted by Genesis DeLong and Lundon Templeton.