Actuarial Club Budget
FY2014 (July 1, 2013 - June 30, 2014)
JFC Rep: Niharika Ray (nray)
Summary
| Requested |
| Expenditures |
$820.00 |
| Capital |
$0.00 |
| Revenue |
($100.00) |
| Final |
$720.00 |
| Recommended |
| Expenditures |
$820.00 |
| Capital |
$0.00 |
| Revenue |
($298.00) |
| Final |
$522.00 |
| Final |
| Expenditures |
$820.00 |
| Capital |
$0.00 |
| Revenue |
($298.00) |
| Debt |
($0.00) |
| Rollover |
($0.00) |
| Total Subsidy |
$522.00 |
| FY14 Starting Balance |
$522.00 |
Income and Revenue
| Object Code |
Requested |
Recommended |
Final |
Description |
| Revenue-Membership Dues (-) |
$0.00 |
$0.00 |
$0.00 |
No one will show up if we charge; Some members are sporadic
|
| Revenue-Fundraising Income (-) |
$100.00 |
$100.00 |
$100.00 |
Fundraising to cover part of travel expenses
This fundraising, instead of covering travel expenses, could be used to partially fund the food expenses.
|
| Revenue-Fundraising Income (-) |
$0.00 |
$0.00 |
$0.00 |
JFC funds 50% of transportation, up to $500 per person traveling for the year. Since your travel costs (rental car) is less than this, no additional revenue is needed in order to finance the travel
|
| Revenue-Donations/Other Income (-) |
$0.00 |
$48.00 |
$48.00 |
This revenue will be used to fund the remaining about of money required for GBM food
|
| Revenue-Donations/Other Income (-) |
$0.00 |
$150.00 |
$150.00 |
This revenue line item corresponds to the expense regarding T-shirts for club members. JFC does not fund personal clothing
|
| Sub-Total |
-$100.00 |
-$298.00 |
-$298.00 |
|
Uncategorized Items
| Object Code |
Requested |
Recommended |
Final |
Description |
| Travel-Rental Car (+) |
$275.00 |
$275.00 |
$275.00 |
Includes cost of a zipcar membership in case no one has one ($60); The rest covers the cost of two cars for approximately 9-10 hours each ($10.75 an hour per car, based on the website's fee listing) for our annual RMU Actuarial Career Day trip
|
| Food-Refreshments for General Body Meetings (+) |
$180.00 |
$180.00 |
$180.00 |
Includes pizza for the first and last GBM meetings of each semester (approx. $38 each); The rest is for various small snacks for meetings throughout the year such as drinks, chips, candies, etc.
|
| Equip-Non-Capital Equipment (+) |
$215.00 |
$215.00 |
$215.00 |
Actex Manuals for Actuarial Exams P and FM (Exam P Manual is $97, Exam FM Manual is $118). Helps to prepare members for very hard actuarial exams.
|
| Equip-Uniforms (+) |
$150.00 |
$150.00 |
$150.00 |
20 Actuarial Club shirts at $7.50 a shirt. This will help increase campus awareness of our club and raise membership. It will unite the club as well.
|
| Sub-Total |
$820.00 |
$820.00 |
$820.00 |
|
By Object Code
| Object Code |
Requested |
Recommended |
Final |
Description |
| Equip-Non-Capital Equipment (+) |
$215.00 |
$215.00 |
$215.00 |
Actex Manuals for Actuarial Exams P and FM (Exam P Manual is $97, Exam FM Manual is $118). Helps to prepare members for very hard actuarial exams. |
| Equip-Uniforms (+) |
$150.00 |
$150.00 |
$150.00 |
20 Actuarial Club shirts at $7.50 a shirt. This will help increase campus awareness of our club and raise membership. It will unite the club as well. |
| Food-Refreshments for General Body Meetings (+) |
$180.00 |
$180.00 |
$180.00 |
Includes pizza for the first and last GBM meetings of each semester (approx. $38 each); The rest is for various small snacks for meetings throughout the year such as drinks, chips, candies, etc. |
| Revenue-Donations/Other Income (-) |
$0.00 |
$48.00 |
$48.00 |
|
| Revenue-Donations/Other Income (-) |
$0.00 |
$150.00 |
$150.00 |
|
| Revenue-Fundraising Income (-) |
$100.00 |
$100.00 |
$100.00 |
Fundraising to cover part of travel expenses |
| Revenue-Fundraising Income (-) |
$0.00 |
$0.00 |
$0.00 |
|
| Revenue-Membership Dues (-) |
$0.00 |
$0.00 |
$0.00 |
No one will show up if we charge; Some members are sporadic |
| Travel-Rental Car (+) |
$275.00 |
$275.00 |
$275.00 |
Includes cost of a zipcar membership in case no one has one ($60); The rest covers the cost of two cars for approximately 9-10 hours each ($10.75 an hour per car, based on the website's fee listing) for our annual RMU Actuarial Career Day trip |
By Ocode
| Requested |
| Equip-Non-Capital Equipment |
$215.00 |
| Equip-Uniforms |
$150.00 |
| Food-Refreshments for General Body Meetings |
$180.00 |
| Revenue-Donations/Other Income |
$0.00 |
| Revenue-Fundraising Income |
$100.00 |
| Revenue-Membership Dues |
$0.00 |
| Travel-Rental Car |
$275.00 |
| Recommended |
| Equip-Non-Capital Equipment |
$215.00 |
| Equip-Uniforms |
$150.00 |
| Food-Refreshments for General Body Meetings |
$180.00 |
| Revenue-Donations/Other Income |
$198.00 |
| Revenue-Fundraising Income |
$100.00 |
| Revenue-Membership Dues |
$0.00 |
| Travel-Rental Car |
$275.00 |
| Final |
| Equip-Non-Capital Equipment |
$215.00 |
| Equip-Uniforms |
$150.00 |
| Food-Refreshments for General Body Meetings |
$180.00 |
| Revenue-Donations/Other Income |
$198.00 |
| Revenue-Fundraising Income |
$100.00 |
| Revenue-Membership Dues |
$0.00 |
| Travel-Rental Car |
$275.00 |
Summary
| Requested |
| Expenditures |
$820.00 |
| Capital |
$0.00 |
| Revenue |
($100.00) |
| Final |
$720.00 |
| Recommended |
| Expenditures |
$820.00 |
| Capital |
$0.00 |
| Revenue |
($298.00) |
| Final |
$522.00 |
| Final |
| Expenditures |
$820.00 |
| Capital |
$0.00 |
| Revenue |
($298.00) |
| Debt |
($0.00) |
| Rollover |
($0.00) |
| Total Subsidy |
$522.00 |
| FY14 Starting Balance |
$522.00 |
