[140] in UA Senate
Re: 41UAS2.3: Bill to Authorize the Treasurer to Reallocate Money
daemon@ATHENA.MIT.EDU (Quentin Smith)
Sun Oct 18 14:11:08 2009
Date: Sun, 18 Oct 2009 14:11:00 -0400 (EDT)
From: Quentin Smith <quentin@MIT.EDU>
To: Alex Dehnert <adehnert@mit.edu>
cc: UA Senate <ua-senate@mit.edu>
In-Reply-To: <4ADB532D.1050307@mit.edu>
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So what you're actually proposing here is for excess committee funds to be=
=20
rolled over into finboard, instead of into the invested reserve account?
--Quentin
On Sun, 18 Oct 2009, Alex Dehnert wrote:
> I wrote a bill which is available at=20
> http://web.mit.edu/ua/senate/UAS41/2/moving-money/moving-money.pdf.
>
> The bill authorizes the treasurer to:
> * reallocate funds from a committee to the pool of funds that the Finance=
=20
> Board helps allocate to student groups for the next funding period; and
> * Requires that such reallocations be approved by the committee chair los=
ing=20
> said funds; and
> * That the Senate, Finance Board, and affected Chair must be informed of =
each=20
> such reallocation; and
> * That such authorization shall expire at the end of the 2009=962010 fisc=
al=20
> year unless renewed by Senate.
>
> I'm happy to answer any questions that you have. It would be awesome if w=
e=20
> can get most questions out *before* Senate, so that Senate can be short=
=20
> without being much less effective.
>
> ~~Alex
>
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