Committee: 

Date / Time: 

Friday, August 31, 2018 - 12:00pm to 2:00pm

Location: 

U-SU San Gabriel Rm 313

I. Organizational Items

a. Call to Order

b. Roll Call (Establishment of Quorum)

c. Approval of Agenda for Friday, August 31, 2018

d. Approval of Minutes for Friday, July 27, 2018

e. Approval of Funding Committee Report for Friday, August 24, 2018

II. Public Forum - Allotted time for members of the public to address the committee.

III. Action Items:

a. Accounting Society, Beta Alpha Psi, & Association of Latino Professionals for America - Meet the Firms - 9/13/18 - $2,599.26

b. Association for Computing Machinery, American Society of Mechanical Engineers, & Society of Hispanic Engineering & Science Students - Movie Fundraiser - 10/5/18 - $3,530.60

a. Policy 204 - Funding Guidelines: The committee will review the following proposed edits on the Funding Guidelines.

b. Direct Funding Allocation Guidelines: The committee will review the following proposed edits on the Direct Funding Allocation Guidelines.

c. Rolled Over/Reconiliated Fees Budget Priorities: The committee will receive the number of funds available from 2017/2018 fiscal year and also be provided information on how the funds will be proposed for disbursement in an equitable way.

d. Strategic Planning Initiatives: The committee will review the ASI Strategic Plan initiatives and look for ways the possibly be implemented in the Finance Committee.

V. Reports a. ASI Vice President for Finance: Aaron Castaneda

VI. Adjournment

Current Chair

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Vice President for Finance
(323) 343-4778
Last modified on June 18, 2019

Regularly Meets On: 

Friday's Biweekly from noon - 2 pm

Standard Location: 

Please check our meeting calendar for the next meeting
*Please check meeting list to confirm times and locations

About Committee

The Finance Committees acts on behalf of the BOD in all matters pertaining to income appropriation, and the safeguarding of Associated Students, Inc. funds. The Finance Committee makes recommendations to the Board of Directors regarding allocation of funds. The committee also prepares an annual budget which must be submitted to the Associated Students, Inc. BOD in sufficient time for review and approval in accordance with Article VI, Section 4 of these Bylaws. The Finance Committee also has the responsibility for recommending the most appropriate investments.

What is the composition of the Finance Committee?

  • The Finance Committee is composed of 14 voting members and 4 non-voting members. You may use this application to apply for the following positions:
  • ASI Vice Chair for Finance (V.C.F.)
  • Four student (recommended by the V.P. for Finance to the ASI President with a simple majority consent of the BOD)

What does the Finance Committee do?

It shall be the purpose and function of the Finance Committee to:

  • Make recommendations to the BOD regarding allocation of funds.
  • Prepare an annual budget which must be submitted to the Associated Students, Inc. B.O.D. in sufficient time for review and approval in accordance with Article VI, Section 4 of the Bylaws.
  • Develop a balanced ASI Annual Budget for approval by both the B.O.D., and the University President no less than sixty (60) days prior to the end of the fiscal year.

Duties and Responsibilities

For more information go to our website Finance Policies and Procedures 200-225 and review Policy 201 Finance Committee Code of Procedure.

External Organization & Departments

ASI currently offers university support funds to Anna Bing Arnold Children's Center, EOP (Educational Opportunity Program), Golden Eagle Radio, EPIC (Educational Participation in Communities), Dreamers Center, U-Pass Metro Program, and Veterans Resource Center. Click below to learn out more about the Funding and Budgeting for External Organizations & Departments over $3,000 here.

Last modified on July 10, 2020

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