BGSA 2016 Annual Budget meeting – Nov 24
The budget was presented by the co-treasurers Colleen and Musfira.
Overall, the BGSA is expected to make money for the 2016/2017 year.
- Snack room – projected to make ~$2000 (in line with last year). Cost – $4644.52 and income projected at $6717.26.
- External funding from the GSA = +$100/year
- AGM = no costs associated for the 2016/17 year
- End of year general meeting = ~$150 cost for food provided to participants
- BBQ fundraiser – based upon previous years the cost will be ~$400 and profit is generally around $600. We expect a $200 profit.
- Halloween party – no costs associated this year. Made $200 in ticket sales.
- Workshops (candidacy, IDP, writing) – cost ~$200 each for a total cost of $600 for this year. The presidents are currently looking to negotiate receiving funds from the department as these events are run for the department.
- Winter formal – ? as of yet an undecided event. No financial projection.
- Student job fair – Profit of $20
- RE Peter conference – predicted to be self-funded via external graphs as has been in recent years.
- Curling – Rental costs ~$1200. Ticket sales last year were $1000. Looking into reducing rental costs for this year.
Questions from attendees were discussed. Michelle moves to approve the BGSA budget for 2016/17. Phil seconds the motion. Attendees unanimously approve the budget. Meeting adjourned.