Wednesday, February 10, 2010

TRUSU increases club funding

On Feb 8, 2010 TRUSU's executive director Nathan Lane presented to the council that they overspend $10,500 to allow for more club funding this year.

"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.

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