SUFAC

Mission Statement: The purpose of this committee shall be to

1.  Make decisions regarding the manner in which the segregated university fees are to be distributed among eligible activities and programs as identified in the Segregated Fee Chart of Accounts and then forward decisions onto Student Association
2.  Allocate from the Equipment and Supplies Fund for:
   1. Advance purchasing,
   2. Capital expense items
   3. Unforeseen budgetary matters.
3.  Hear and discuss any Contingency Requests.
4.  Review Green Fund requests over $5,000 and forward recommendations to Student Senate.
5.  Approve the expenditure of excess income not anticipated during budget deliberations.
6.  Review budgetary deficits and formulate, as appropriate, compensation or reduction of subsequent budgets.
7.  Maintain a minimum cash balance of 10% of the operating budget to ensure the continuation of programs in the event of enrollment fluctuations, unforeseen shortfalls in program revenue, or other catastrophic experiences.

MEMBERSHIP 2021-2022