Financial Report Resolution of Fall 2022

In Session October 13, 2022


Letourneau University Student Senate


Sponsored by Chariman Drebot

A Resolution

Relating to the operation of the Financial Appropriations Committee during Senate gatherings

Be it resolved by two thirds of the entire LeTourneau University Student Senate

Short Title

Section A.

This act may be referred to as the "Financial Report Resolution of Fall 2022".

Resolution

Section B – Financial Reports

  1. The F.A.C. chairman shall present a current financial report to session at least every 5th session

  1. A financial report to general session shall consist of:

  1. All the current itemized allocations since the last report; they shall include amount spent on each item, the date the money was allocated, and the total allocated since the last amount.

  1. A report of how much money has actually been spent versus how much has been allocated.

  1. The F.A.C. chairman shall present a current financial report to the Student Body Vice President, Committee Chairs and Officers at least every 4th meeting.

  1. A financial report to the chairman shall consist of:

  1. At the start of the semester the total amount of money that has been added to the senate general fund.

  1. All the current itemized allocations since the last report; they shall include amount spent on each item, the date the money was allocated, and the total allocated since the last amount.

  1. A report of how much money has actually been spent versus how much has been spent.

  1. The total amount of money that has been allocated since the start of the semester.

  1. The total amount of funds left for senate to spend for the semester.

  1. If the Financial Appropriations Committee neglects their due diligence to follow through with part 1 and part 2 of this section then it is up to the discretion of the Student Body Vice President and President Pro Tempore to require these reports to be given and to give the possible consequence of removal from chair position.



Effective Date

Section C.

This resolution is just for discussion.


Explanations and Reasoning

Section D.

This resolution is published for discussion.