DRAC Minutes 2/17/15
Attendance:
Ted Sealey – Budget Support
Christopher Bianco – Music
Steve Woods – Forensic
Steve Vanderstaay – Provost Office
Keira Alkema – International Affairs Association
Carly Roberts – Students at Large
Giselle Alcantar Soto – ASVP for Activities
Jim DeWilde – Enrollment & Student Services Div Rep
Robin Sizemons – Student publications
John Harris – SPC
Heather Dalberg – Music
First order of business: Nominate Chair
Robin nominated herself as chair
Carley nominates herself as chair.
Discussion
Carly requested a secret ballot
Robin wins the votes and will continue with establishing an agenda.
Meeting Minutes from February 3, 2015 were not sent out and will be for next meeting.
S&A Fee committee is talking about developing a template for us to use on the budget process.
Reserve Policy –
Defining what Reserves are at the DRAC level
Growing Reserves that are not dealt with
A sweep of DRAC reserves
Voted and agreed upon funding a $25,000 reserve. We have a fund code for it.
1.How do we define reserves?
2.Think of it as a year-end balance along with designated or specified reserves you indicate is needed.
Specific needs for amounts above and beyond what we would think of as a year-end balance that is appropriate. Music has instrument replacement and repair which is above a token amount.
Discussion
1. Appropriate level of reserves.
2. Can we do a sweep?
3. Each constituent come up with their own if needed reserves.
4. Or not doing a sweep but giving everyone an opportunity to spend down reserves.
Robin motioned to adjourned
Carly Second it
Budgets due February 22, 2015
Meeting next week.