© Presaopolitan
Volume 7 Issue 12
November 7, 1984
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$360,000-Here
Surplus Student Fees SNAFU Noted by Jessica Snyder Reporter, The Metropolitan
When MSC President Brage Golding told student leaders in September they had $360,000 is surplus funds, he did not know that the majority of the money had already been spent. "We just hadn't put all the pieces together," Budget Officer Tim Greene said. Golding wasn't told of the impinging
commitments partly because the budget office lacked definite figures, Greene said. "When he announced the ($360,000) surplus, I figured I'd better add everything up," Greene said. The revised surplus figures are still only an estimate, Greene said. In a fact-sheet given to the Student Affairs Board Oct. 3, Greene deducted prior commitments to show only $20,000 in available money. The same day, the board allocated
$15,000 to MSC's basketball program, leaving $5,000 unspent. Available money increased again last Thursday when Antonio Esquibel, vice president of student affairs, learned that MSC had been rejected by a federal endowment program. This freed $50,000, which student leaders had pledged to the endowment program in September, and raised the available reserve to $55,000. Though the amount of the surplus was unknown last year, Greene said, he
encouraged the S.A.B. to dip into the surplus last April. At that time the board faced · over $800,000 in budget requests for the 1984-1985 school year. According to Greene's figures, last year's S.A.B. approved $687,748 in budget expenditures. This amount exceeded their projected income by $72,748. A subsequent drop in MSC enrollment cut into the fund in several ways. This year's student fees will be $43,050 less than what was predicted because of an expected seven percent drop in enrollment, Greene estimated. In addition the threat of a continuing drop in enrollment spurred the budget office to add $100,000 from the surplus to an enrollment shortfall reserve. "The reserve should cover two or three years of declining enrollment," Greene said. Jn past years the shortfall reserve has been $40,000. Though Greene recommended $140,000 now kept in reserve, Golding
"I was totally against the way it (the Oct. basketball grant) was done. I have nothing against basketball, but it was a case of the S.A.B. not thinking out the proposal."
--Ben Boltz
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suggested $100,000 would be adequate. Surplus dollars were further reduced in September by Golding, who appropriated $14,055 to retaind sports information director Michael Klahr. Golding, who said he ordinarily would not spend student fees without consulting the S.A.B., said the school's over-stretched budget could not accommodate the sports information director's salary this year. The student fee surplus was the , only available money in the school. With several requests for money coming from various campus organization, at least one S.A.B. member said he felt the board needs to act with more caution in spending the surplus. "I was totally against the way it (the Oct. basketball grant) was done," said Ben Boltz, who is serving his second term on the board. "I have nothing against basketball, but it was a case of the S.A.B . not thinking out the proposal." · Boltz said he felt pressured by intense lobbying on behalf of the basketball team. "It forces you to make a decision before you're ready," he said. Botlz recommended that future requests be reviewed by a financial committee for written resolutions. "It's not good when money is allocated simply by someone motioning 'Let's allocate "X" amount of dollars.' It's not as well thought-out as writing e<mt. on pagt' 3