ASCIT Board of Directors Meeting – Budget Discussion
Minutes for 1 December 2018. Taken by Rachel Sun.
Officers Present: Sakthi Vetrivel, Erika Salzman, Sarah Crucilla, Varun Shanker, Dana He, Alice Zhai, Rachel Sun, David Berger, Irene Chang
Guests: None.
Call to Order: 3:00 PM
Discussion of the budget survey concluded in:
• MHF and Marsh funding has changed this year (it has been cut and our contributions have gone up to keep events running). Taking this into consideration, we have made the following decisions:
• Giving $200 (from $0) to the BoC for basic operation needs.
• Keeping ditch day budget the same. We are maintaining the increase from two years ago.
• Doughnuts and pizza budget: overall goes down to $4000
o Weekly donuts and bagels will be kept the same: $1500
o Midnight Donuts: only spend $600 next term, and $900 third term for hosting Midnight Donuts during Prefrosh Weekend (ASCIT will no longer be paying for pizza, and we will be looking for other funding sources for that).
o We will be buying fewer doughnuts and implementing methods to reduce the amount of wasted donuts.
• ASCIT Formal: the allotted budget is not changing as money was reallocated within this event; there will not be open bar at ASCIT Formal. We do not know how much money we will be getting from MHF, so the number for this event is tentative.
If anyone has any questions or concerns about a section of the minutes please email any officer. We are happy to answer any questions.
Meeting Adjourned: 4:01 PM