
Budget blunders
- By Emily Nash, On-line Forty-Niner
- April 27,1998
- A.S.I. Senate may have to dip into reserve funds
-
-
- In order for the Associated Students Inc. to balance its budget it
may have to take $27,000 out of a special reserve account, according to
Senate discussions last week.
-
- The account, which contains 41 years of savings of $200,000, is intended
to use for emergencies, so the A.S.I. will not have to go to outside resources
such as bank loans for help, according to Richard Haller, director of administrative
services.
-
- "We are living beyond our means," A.S.I. President Naomi
Rodriguez said. "We need to eliminate a service or increase a fee.
The last time we had a fee increase it was in 1991 for $2.50," Rodriguez
said.
-
- According to Haller, using money from reserves for expenses the A.S.I.
will have to pay again next year could mean a bigger problem down the road.
-
- "Every time a Senate has tried to go into reserves I've fought
it," Haller said.
-
- Originally A.S.I. was going to take $37,000 from reserve, but according
to A.S.I. Treasurer Noemi Hernandez the Senate will now require college
councils to give back any requested money it didn't use at the end of the
year. This will reduce the amount that was to be taken from reserves.
-
- "If the councils don't use it they should give it to other colleges
who need it," Haller said.
-
- According to the Hernandez, nobody who requested A.S.I. funds will
receive exactly the amount requested.
-
- Student Christy Peckham, who is on Cal State Long Beach's water ski
team, asked the senate to reconsider funding the insurance for the team's
Master Craft ski boat, which is owned by CSULB.
-
- "On the application [to request A.S.I. funds] I was told to list
the insurance under 'facilities rental,' " Peckham said. However,
the A.S.I. does not fund any off-campus facility rentals, according to
a report by the Board of Control, a subsidiary of the A.S.I.
-
- "We probably won't be able to come up with the $1,500 insurance
fee," Peckham said. "If that happens we could lose the boat
and equipment maintenance."
-
- A.S.I. Vice-President Davian Freeman said he would research the legalities
a little more.
-
- Johanna Johnson, who runs a drug and alcohol abuse prevention organization
at CSULB, requested $900 from the A.S.I. for a stress prevention festival
held during finals week. The Board of Control recommended giving only $360.
-
- "According to our surveys the Stress Festival reached over 300
students last year," Johnson said. "The program total costs $2,320
to run. Students are already asking us about the program."
-
- The senate will continue to take recommendations until next week, Freeman
said.
-
- "We will discuss and review recommendations next week and try
to pass the budget," Freeman explained. "We need 14 votes from
the senators to pass the budget. It is really important that all the senators
be here."