Union General Meeting (24th Oct 2006)
A UNION BUDGET 2006/2007
Proposed by: Amy Woods
Seconded by: Tom Moore
This union notes:
(i) The requirement for an annual Union Budget
(ii) The Year of Reform Project from 2005/2006
(iii) The changes to the budgetary process as a result of the Year of Reform project, namely:
(a) That media budgets are now included
(b) That society budgets are now included
(c) That bids were required from budget holders to increase their budgets beyond fixed cost increases
This union further notes:
(i) That the money provided by the University and our other revenue raising activities is not enough to cover our fixed cost increases
(ii) That the block grant figures provided by the University arrived so late in 2005/6 as to prevent all necessary cuts to the budget
This union believes:
(i) That the money provided by the University was a fair increase, taking into account inflation for the first time in three years
(ii) That never-the-less the Union budget should not be passed with a deficit
This union further believes:
(i) That the difference between our income and our expenditure should be taken up with income from a Cost Streamlining Project in the Autumn Term.
This union resolves:
(i) To pass the annual budget (viewable online <a href="http://www.yusu.org/union/ugm/budget0607.xls">here</a>)
This union further resolves:
(i) To mandate the President to continue to pressure the University into providing our block grant figures earlier in the year
(ii) To mandate the Services & Finance Officer to carry out a Cost Streamlining Project with the Union Manager to provide at least £4,800 of savings from the budget by the end of the Autumn Term.
(iii) To thank the Union officers, staff, and JRC, society, club and media treasurers involved in producing the most complete and detailed Union budget to date
