How Does ASCMC Spend Your Student Fees?
ASCMC takes in $245 per student ($10 more than last year) in student fees each year and spends $266.52 per capita. This visualization displays how much ASCMC spends per student on each line item.
ASCMC’s budget is drafted by its budget committee and approved by the ASCMC Senate and Executive Board. Most of ASCMC’s funding comes from student fees, which the Dean of Students office disburses once a semester. The only condition ASCMC must meet before receiving its disbursements from CMC is to meet with the Deans, explained ASCMC President Jessica Mao ’12.
ASCMC’s budget committee rebudgets “a few times each term,” according to ASCMC CFO Lacey McLean ’12, to account for changes in expenses or revenues. Since ASCMC is a non-profit, it cannot carry over funds from year-to-year, and must spend all of its revenues. ASCMC’s most recent budget was approved by Senate on October 10, 2011, by a unanimous formal majority vote, in which each dorm has one vote.
Note that expenditure amounts in the display have been subject to rounding.
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