Friday, December 7, 2007
Minutes - 12/5/07
Finance Committee Minutes – 12/5/07
Date: December 5, 2007
Members Present: Diana Chiu, Ryan Kellett, Drew Walker, Hasat Cakkalkurt, Tom Brush, Abby Willman, AnnMarie Wesolowski, Eric Harvey- minutes taker
Members Absent:
Money Requested from Budgets:
Who What Requested Approved Vote
College Democrats Trip to New Hampshire 146 146 7-0
Crampus Fall Issue 1120 1120 7-0
MMC Van fuel, rentals, food, permits 1160 1160 7-0
MMC Canoe hardware 81.01 81.01 7-0
Page One Gas 175 175 7-0
MMC WFR 700 700 7-0
New Money
Who What Requested Approved Vote
Cycling Club Cyclocross Championship $470.41 169.60 7-0
MMC WFR 300 300 7-0
New Budgets:
Fencing Budget 500 414 7-0
Discussion Issues:
1. DJ payscales:
a. Looking at other schools, Bowdoin pays their DJs $50/hr up to four hours, Williams pays them $650 dollars for big events and $350 for smaller events.
b. Last week we talked about having two pay levels, one for an “ipod” DJ that would receive $90, and a more talented DJ for $150.
c. We took a vote to see if we thought we should take some action to change the current pay scale, and four support changing it and three do not.
d. Unless we were going to change the it so that we clearly define a “good” DJ who deserves a higher rate, we shouldn’t change the current system (Ryan).
e. Most students get $7.75 for jobs, and DJs are already getting more for that. Tech people working in McCullough get $9. The majority here does not believe DJs do not merit a substantially pay scale.
f. Taking another vote, we voted 4-3 to not make any change to the system.
II. Mackey- Cycling club
a. They have requested $508.01 for Mackey to go to the Cylcocross National Championship in Kansas City. They have not budgeted for this, so it would be in additional to their budget.
b. There was a consensus to pay for registration ($37.60). In terms of paying for transportation, we are considering bike transport a part of his transportation cost, and our policy for transportation would be $.22/mile for 600 miles would cover $132. As such, we would grant a total of $169.60.
III. Spencer- Fencing Club
a. Finally got a budget approved at the end of last year.
b. They currently have eight sets of equipment and estimate they would have 30 people at each practice. They would use their new budget to purchase five more sets of equipment ($100/each).
c. Their goal is to create a club to introduce people to fencing, and in the future they would like to enter tournaments as students get better. Physical ed has a number of sets of equipment, but they are strictly reserved for PE classes and would not be available to them.
d. We are granting them $500 for a full year, however we are prorating it to $314 because they only have Jterm and Spring term left.
IV. FOO
a. They presented their line by line budget for FOO, and before we issue a decision we need to hear from Derek about how the revenue from participant fees will be used and whether it has been accounted for in their budget proposal, so we are tabling it.
V. MMC- WFR Course
a. They want to provide an incentive to guides to get their WFR certification over campus. They would subsidize five participants with $200 to go towards the total cost of WFR ($465).
b. They feel there is a strong need for this, particularly among certain groups as boating and climbing guides.
c. They are requesting $300 in addition to the budget, as they would like to draw the other $700 from their van maintenance record, which they do not anticipate needing to use.
ET Harvey
Date: December 5, 2007
Members Present: Diana Chiu, Ryan Kellett, Drew Walker, Hasat Cakkalkurt, Tom Brush, Abby Willman, AnnMarie Wesolowski, Eric Harvey- minutes taker
Members Absent:
Money Requested from Budgets:
Who What Requested Approved Vote
College Democrats Trip to New Hampshire 146 146 7-0
Crampus Fall Issue 1120 1120 7-0
MMC Van fuel, rentals, food, permits 1160 1160 7-0
MMC Canoe hardware 81.01 81.01 7-0
Page One Gas 175 175 7-0
MMC WFR 700 700 7-0
New Money
Who What Requested Approved Vote
Cycling Club Cyclocross Championship $470.41 169.60 7-0
MMC WFR 300 300 7-0
New Budgets:
Fencing Budget 500 414 7-0
Discussion Issues:
1. DJ payscales:
a. Looking at other schools, Bowdoin pays their DJs $50/hr up to four hours, Williams pays them $650 dollars for big events and $350 for smaller events.
b. Last week we talked about having two pay levels, one for an “ipod” DJ that would receive $90, and a more talented DJ for $150.
c. We took a vote to see if we thought we should take some action to change the current pay scale, and four support changing it and three do not.
d. Unless we were going to change the it so that we clearly define a “good” DJ who deserves a higher rate, we shouldn’t change the current system (Ryan).
e. Most students get $7.75 for jobs, and DJs are already getting more for that. Tech people working in McCullough get $9. The majority here does not believe DJs do not merit a substantially pay scale.
f. Taking another vote, we voted 4-3 to not make any change to the system.
II. Mackey- Cycling club
a. They have requested $508.01 for Mackey to go to the Cylcocross National Championship in Kansas City. They have not budgeted for this, so it would be in additional to their budget.
b. There was a consensus to pay for registration ($37.60). In terms of paying for transportation, we are considering bike transport a part of his transportation cost, and our policy for transportation would be $.22/mile for 600 miles would cover $132. As such, we would grant a total of $169.60.
III. Spencer- Fencing Club
a. Finally got a budget approved at the end of last year.
b. They currently have eight sets of equipment and estimate they would have 30 people at each practice. They would use their new budget to purchase five more sets of equipment ($100/each).
c. Their goal is to create a club to introduce people to fencing, and in the future they would like to enter tournaments as students get better. Physical ed has a number of sets of equipment, but they are strictly reserved for PE classes and would not be available to them.
d. We are granting them $500 for a full year, however we are prorating it to $314 because they only have Jterm and Spring term left.
IV. FOO
a. They presented their line by line budget for FOO, and before we issue a decision we need to hear from Derek about how the revenue from participant fees will be used and whether it has been accounted for in their budget proposal, so we are tabling it.
V. MMC- WFR Course
a. They want to provide an incentive to guides to get their WFR certification over campus. They would subsidize five participants with $200 to go towards the total cost of WFR ($465).
b. They feel there is a strong need for this, particularly among certain groups as boating and climbing guides.
c. They are requesting $300 in addition to the budget, as they would like to draw the other $700 from their van maintenance record, which they do not anticipate needing to use.
ET Harvey
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