ASUO already rolling in surplus
The Student Senate has already racked up a $186,870 budget surplus this year, thanks in large part to unspent money by student groups from the last fiscal year.
This number is likely to grow because of the glut of incoming freshmen. (That means more students to pay the incidental fee. Cha-ching!) With all this extra dough floating around, you’d think the ASUO budget would be adjusted accordingly, wouldn’t you? For example, with the surplus and all the new freshmen, wouldn’t it make sense to lower the incidental fee next term? And didn’t we vote in a bunch of bright-eyed, reform-minded senators last year? This is it, kiddos – time to make good on all those campaign promises. Hopefully you haven’t all become jaded and corrupted over the course of two weeks.
UPDATE: It’s been brought to my attention that the money gained from extra freshmen will not go into the surplus fund. The surplus fund is only money that rolled over from the last year; the money from extra freshmen will be put into the over-realized fund. My bad for getting all of the ASUO’s various piles of extra money confused.
