ASMSU 2018-B-01

 

 

Sponsor:         Karl Swenson                                     Yes ____ No ____ Senators Present ____

Co-Sponsors: Taylor Blossom                                  First Reading ______________________

                        Sunirp Rehal                                       Second Reading ____________________

                        Warren Krone

                        Noah Leckie                                      

                                                                                    __________________________________

Vote Necessary: A majority                                      ASMSU Senate Speaker

 

Sections: 4-5, 4-8, 4-17                                              __________________________________

                                                                                    ASMSU President                 

                                                                              Effective Date _____________________

Intent: To make the voting membership of Finance Board entirely students and to make general updates to Article IV.                       

Section 4-5 Finance Board
     

  1. Composition
  2. The membership of the Finance Board shall consist of:
      (i)       Three Senators, appointed by the Senate;
              (ii)      Three at-large students, appointed by the Senate;
              (iii)     The Vice President for Student Success or designee, who shall serve as a non-voting,  

              ex-officio member;
          (iv)     The Vice President for Finance and Administration or designee, who shall serve as a

              non-voting, ex-officio member;
          (v)      The Business Manager, who shall serve as a non-voting, ex-officio member; and,
          (vi)     

The Senate Speaker Pro Tempore, who shall

serve as the chair and will vote  

             only to break ties.

  1. Duties
          1.     The Finance Board shall:
                      (i)       Review and make recommendations regarding all budget requests to the Senate;
                      (ii)      Review and make recommendations regarding the annual budget to the Senate; and
                      (iii)     Recommend legislation regarding fiscal policy.

 

  1. Executive Power
    1.     Supplemental requests under $500 will go to the Administrative Council to make a
                    recommendation to Senate if Finance Board is not already meeting.

 

Section 4-8 PACE Board

  1. Composition
    1. The PACE Board shall consist of
      • Three Senate liaisons
      • Directors of Productions, Public Relations, Spirit, and Campus Entertainment
      • The Vice President, who shall serve as the chair and a voting member of the Board.
    2. Duties
      1. The PACE Board shall
        • Plan, facilitate, and evaluate student activities and events
        • Lead events as budgeted by the Senate
        • Meet at least once a month regarding events and budgets
        • Report to Senate via liaisons at least once a month regarding events and budgets
        •  Evaluate and reallocate, as needed, changes and variations in account codes up to  

      $3,000. Such reallocations shall require an affirmative vote from a majority of  

      the Senate liaisons and a majority of the other five voting members of

      the board. Changes and variations exceeding $3,000 shall be brought before

      Senate.

 

Section 4-17 Budget Oversight Committee

  1. Composition
    1.   The voting membership of the Budget Oversight Committee shall consist of three senators,  

appointed by Senate. The Business Manager shall serve as a non-

voting, ex-officio member. The Senate Speaker shall serve as the chair and vote only to

break ties.

  1. Duties
    The Budget Oversight Committee shall:
    Review student program and classified program expenditures monthly and ensure budget
              alignment;
    2.     Recommend action to the Senate via resolution in response to deviation of the fiscal budget  

          as allocated by the Senate; and
3.     Have the ability to order a meeting with the director of the program in question. The  

          President and Business Manager shall have the right to be present at the meeting; and
4.     Recommend any legislation and proceedings deemed necessary to rectify the situation.