Student Government

The University of Chicago

2017-2018 Budget Announcement

Yeju HwangComment

Today, in our capacity as members of the Student Government Executive Committee, we are announcing our recommendation for the SG budget for the 2017-2018 academic year.

 

As members of SG’s Executive Committee, we are responsible for the oversight and management of the SG budget. In all, SG allocates more than $2 million in support of student life and student organizations. The SG budget supports RSOs, academic teams, arts groups, and initiatives like the Graduate Council Travel Fund and the Student Leadership Recognition and Access Program.

 

Over the past year, we have been thoroughly reviewing our spending to ensure that students are receiving the most support possible and that we leave behind a sustainable operating budget for the future. Last year, a budget was passed that included a significant amount of one-time funds that were not available to us this year. Still, we have worked hard to come up with a proposal that would not reduce funding for any student organizations and that would even expand resources for many student groups and initiatives. We have also been discussing how to make SG funding more available to all students, including our graduate student population, which makes up two-thirds of the student body.

 

With these considerations in mind, we are proposing a budget that will meet the need for sustainability while providing more resources for all students and student organizations. Under this proposal, academic teams, RSOs, and arts groups funded through the Program Coordinating Council like the Major Activities Board and Fire Escape Films would see their funding increased for the 2017-2018 year. In addition, support for graduate students would be increased, through the expansion of the Graduate Council’s budget as well as reforms to the Student Government Finance Committee to allow applications from more graduate student organizations.

 

These recommendations will be made possible through an overall increase in SG’s annual allocation, by giving money that is currently going to administrative offices back to students, and by eliminating redundant costs. Cuts will not be made to the funding sources for any student organizations.

 

The 2017-2018 budget will be formally voted on by members of the College and Graduate Councils during the SG Assembly meeting on April 24. As always, feel free to contact us and your representatives if you have thoughts you’d like to share.

 

Eric Holmberg, President

Salma Elkhaoudi, Vice President for Administration

Cody Jones, Vice President for Student Affairs

Peggy Xu, Chair of the College Council

Jake Nebergall, Co-chair of the Graduate Council

Carlos Grandet-Caballero, Co-chair of the Graduate Council

Megan Beck, Graduate Liaison to the Board of Trustees

Kenzo Esquivel, Undergraduate Liaison to the Board of Trustees

Cosmo Albrecht, Community and Government Liaison