AS saves $30,000 from last semester

The money will both allow for more student proposals and offset the loss of funding from the slightly lower student enrollment this semester.

Kathryn Watson, Writer

AS determined this month that it has $30,000 in contingency funds leftover from last semester’s budget.

The exact amount of the leftover money — money service branches and other groups within AS didn’t spend — will both allow for more student proposals and offset the loss of funding from the slightly lower student enrollment this semester, according to Terry Coon, AS vice president of finance.

Coon said the large rollover sum is probably not too different from previous semesters.

Each semester, AS determines how much money is leftover for contingency, or the pool of money available to students who make proposals to the senate.

“Basically, it’s money that was budgeted for what they thought they were going to spend, but didn’t spend,” Coon said.

The money will act as extra resources for this year as well as a buffer for next year.

“There is more money for students to come in to propose for this semester and it gives future years a greater starting point in the AS contingency account,” Coon said.

AS vice president Justin DeVesta said he hoped the best proposals pass, but the senate still needs to reserve funds for next year.

“We normally try to save about $10,000,” he said.

AS is responsible for about $500,000 in student funds annually.

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