Finance
Finance Commission
At the University of Wisconsin-Eau Claire per Wisconsin State Statute 36.09(5), students shall have the primary responsibility of allocating student segregated fees. At UW-Eau Claire, this is the Student Senate Finance Commission’s job. Their purpose is to allocate all allocable segregated fees to organized activities, make thorough recommendations to the Chancellor for all non-allocable segregated fees, and help student organizations in unforeseen circumstances with special allocations.
At UW-Eau Claire, the allocable amount of fees is roughly $1.3 million. Allocable segregated fees from each student's tuition makes up the Organized Activities budget, and the finance commission's main responsibility is to determine where and how these fees are allocated. Organized Activities present their budgets to the Finance Commission every October. The public is encouraged to attend the budget hearings. After hearings and deliberations (usually set for early November), the Finance Commission submits a budget bill for the Student Senate to vote on and approve in mid-February. Student Senate then passes these recommendations to the Chancellor for final approval.
The non-allocable amount of fees is roughly $10.7 million. Non-allocable segregated fees from each student's tuition makes up the non-allocable segregated fees Organized Activities budget, and the finance commission's main responsibility is to determine how student would like to see these fees allocated. These Organized Activities present their budgets to the Finance Commission every spring. The public is encouraged to attend the budget hearings. After hearings and deliberations. The Finance Commission submits a budget recommendation resolution for the Student Senate to vote on and approve. Student Senate then passes these recommendations to the Chancellor.
Lastly, the Student Senate Finance Commission does Special Allocations. Occasionally, an Organized Activity may have an unexpected circumstance occur which will change the level of funding needed for a program during a fiscal year. An unallocated portion of the Organized Activities Budget is held in reserve to enable the Finance Commission and Student Senate to consider cases in which additional funding is deemed appropriate and necessary. These special allocations of funds to Organized Activities are not to be recurring in nature.