"Essentially what happened was, we changed our club policy at the beginning of this year," Lane said, in a telephone interview Tuesday.
Prior to this year every TRUSU club needed to re-apply to be a club each year. Now, TRUSU clubs have a one-time application and each club is given a start up grant of $250. TRUSU budgeted $25,000 for clubs this year, but the new restructuring meant that TRUSU has already spent $21,000+, leaving $3000 and change left for one-time funding grants.
Clubs can apply for grants for up to $2500 to TRUSU to help them fund various activities, but almost half of the budgeted club fund was taken up by the start up grants.
"We do have money in our surplus," Lane said to the council during his presentation. He said that he did not want to penalize TRUSU clubs for their new club restructuring.
No comments:
Post a Comment