General Student Services Fund Budget Limitations Policy

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Policy Number:
UW-2120
Responsible Office:
Associated Students of Madison (ASM)

University Policy

Rationale/​Purpose:

This policy defines the limits placed by the Student Services Finance Committee on the General Student Services Fund budgets for student organizations.

Scope:

This policy applies to any Registered Student Organization seeking funding or who is currently funded by the General Student Services Fund.

Policy:
  1. Limitations for Proposed GSSF Budgets
    1. A proposed budget may not include costs for student hourly positions exceeding 60% of an individual GSSF group's budget. This does not include costs for fringes.
  2. Limitations for Approved GSSF Budgets
    1. Professional staff and Project Assistantship costs may not exceed $65,000. This does not include costs for fringes.
    2. No GSSF group shall receive a budget of more than $200,000

In regard to returning organizations who are requesting a budget:

No GSSF organization shall be granted a budget increase of more than 10% from the prior fiscal year, unless approved by a three-fourths (3/4) vote of the SSFC. 

No GSSF organization shall be granted a budget increase of more than 25% under any circumstances, excluding groups who are requesting funds for the first time.

No GSSF organization with budget returns exceeding 15% in the prior fiscal year shall be granted a budget increase in the subsequent fiscal year, unless approved by a three-fourths (3/4) vote of the SSFC.

No GSSF organization with budget returns exceeding 25% in the prior fiscal year shall be granted a budget increase in the subsequent fiscal year under any circumstances.

Related UW-Madison Policies:

Policy Administration

Approval Authority:
Student Services Finance Committee
Policy Manager:
Student Services Finance Committee Chair
Contact:
Student Services Finance Committee Chair -- SSFC Chair, ssfc@asm.wisc.edu, (608) 265-4276
ASM Funding Advisor -- Katie Steigleder, ksteigleder@wisc.edu, (608) 890-0270
Effective Date:
07-01-2021
Retrieved:
05-15-2021 21:41:19