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Re: 41UAS2.3: Bill to Authorize the Treasurer to Reallocate Money

daemon@ATHENA.MIT.EDU (Alex Dehnert)
Tue Oct 20 02:52:41 2009

Date: Tue, 20 Oct 2009 02:51:54 -0400
From: Alex Dehnert <adehnert@MIT.EDU>
To: Ted Hilk <thilk@MIT.EDU>
CC: UA Senate <ua-senate@MIT.EDU>
In-Reply-To: <6ed15f040910191848x3210103cq9ec946f2525bf4c7@mail.gmail.com>

Ted Hilk wrote:
>> That the Treasurer may reallocate funds from one part of the UA budget to
>> the pool of funds that
>> the Finance Board helps allocate to student groups for the next funding
>> period;
>>
> 
> Regarding this pool: if the applicable committee chair later decides that
> this decision was made in error, is there any way for it to be reversed?
> Given that the money is allocated to a "pool of funds" rather than directly
> to the groups (hence implying some time delay before the money is actually
> out of UA's control), shouldn't such reversal be an option?  If not, why
> not?

Paul Youchak wrote:
> Having the reallocation of money be reversible makes no sense.  The
> committee leader should not release the money unless they are 100%
> sure they wont need it.  Secondly, if they find they have changed
> their mind it is always possible to ask for more money from
> discretionary.  I don't think this will ever happen, so its not a
> very strong objection to the bill.

I mostly agree with Paul. I also don't think it is fair to Finboard to 
be changing their budget frequently in both directions. I'd be open to a 
provision allowing the treasurer to reverse a reallocation (possibly 
assuming Finboard chair approval) --- let me know if people think that 
would be a good idea.

> 
> That such reallocations must be approved by the committee chair or other
>> officer in charge of the
>> budget area losing said funds;
>>
> 
> Would it be possible to clarify, in the text of the bill, which specific
> positions are allowed to do this for which specific budget areas?  I feel
> that the existing wording is a bit vague, given the powers involved.

Yup. I've added such text in an appendix of sorts. The ordering is ~random.
> 
> That the Senate, Finance Board, and [a]affected Chair must be informed of
>> each such reallocation;
>>

*sigh* In my first version, that was affected... And then one of the 
people who looked it over before the meeting had me change it. *sigh*

I did a bit of cleanup here, changing "chair" to "officer", since, say, 
Paul should be told if I take him up on an offer to... move unused 
retreat money or something.

I think "officer" can reasonably include "chair", especially given the 
new appendix.
> 
> Is there a reason why this line does not say "by the next meeting of the
> Senate"?  While understanding the importance of delegation, I believe that
> timely information is necessary to allow for review of the decisions.

I'm not sure that "by the next meeting" is the right thing... It's a bit 
annoying if the next meeting is like 20 minutes after the move or 
something. On the other hand it is somewhat unclear when a reallocation 
happens if not when the Finboard and the chair (and presumably Senate) 
get told about it. Possibly when the transfer actually goes through? 
Except I don't know that Finboard actually allocates from some actual 
account... *sigh* Um... For the time being, I'll stick in one week, 
which seems generally reasonable. If anybody has a better understanding 
of the actual mechanism that money gets transfered, let me know; I'll 
probably try to ask Kerri in the next couple days.

~~Alex


> 
> Finally, I would like to note that I'm not by any means opposed to the
> principle of this bill.  I agree that leftover money from our operations
> should go to student groups.  I just want to make sure that Senate exercises
> caution in doing so, and more time for discussion was necessary to meet this
> aim.
> 
> Thank you,
> Ted Hilk
> EC Senator
> 
> 
> 
> On Mon, Oct 19, 2009 at 9:18 PM, Alex Dehnert <adehnert@mit.edu> wrote:
> 
>> Since we postponed this a week...
>>
>> If you have questions: Please ask them explicitly. Otherwise, no guarantee
>> that you'll get an answer... I'm not psychic.
>>
>> I'll probably put together some more information shortly, but I encourage
>> some discussion to happen here besides that.
>>
>> ~~Alex
>>
>>
>> Alex Dehnert wrote:
>>
>>> I wrote a bill which is available at
>>> 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
>>> Board helps allocate to student groups for the next funding period; and
>>> * Requires that such reallocations be approved by the committee chair
>>> losing said funds; and
>>> * That the Senate, Finance Board, and affected Chair must be informed of
>>> each such reallocation; and
>>> * That such authorization shall expire at the end of the 2009–2010 fiscal
>>> year unless renewed by Senate.
>>>
>>> I'm happy to answer any questions that you have. It would be awesome if we
>>> can get most questions out *before* Senate, so that Senate can be short
>>> without being much less effective.
>>>
>>> ~~Alex
>>>
>>
> 


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