FINANCIALS
Download the PROPOSED 2011 Budget
Attached is the Budget the Executive has approved to be passed to you for submissions and feedback.
To make a submission on this Budget
- Have a read of the proposed Budget and attached notes
- Questions? Email fso@ousa.org.nz
- Maybe check into the Budget discussion thread on our facebook page
- Email all your thoughts to fso@ousa.org.nz by 4pm Friday 10 September
- The Executive will meet on 14 September to consider all submissions and make any alterations to the proposed budget based on these.
- The final proposed budget will then be submitted to you via student general meeting or referendum for final approval
Roughly, OUSA spends 47.6% of the budget on services, 8.4% on support, 11.2% on representation and 32.8% is capital expenditure.
Download the proposed 2011 Budget
Download the attachments considered by the Executive in creating this proposed 2011 Budget
Download the notes for the proposed 2011 Budget
Download the 2010 Budget
We set a budget toward the end of each year for the following year. The budget outlines what income we expect to receive, both from membership levies and other sources, and what we expect to spend money on. Submissions on the budget are sought from our members each year, and budgets are brought to our members to be ratified.
Roughly, OUSA spends 47.6% of the budget on services, 8.4% on support, 11.2% on representation and 32.8% is capital expenditure.
OUSA Levy
As an OUSA member, you pay a membership levy and a building levy. This is charged by the University as part of the sundry costs in your fees, is used for running the affairs of the Association for the benefit of all students and is compulsory.
People who suffer extreme financial hardship may opt out of all or part of the levy payment. If you think this may apply to you, you need to make written application via letter to the Association Secretary, including a statement of income and expenditure for the year.
People may also opt out who conscientiously object to membership. Conscientious objection levies must still be paid, however, by way of an agreed donation to charity.
Decisions regarding exemptions are made by committee comprising representatives from OUSA and the University.
Need more information?
- Look at the Membership (clause 5) and Levy (clause 10) in the OUSA Constitution [PDF]
- Enter 'hardship' as key word on the Policies Page
- Or contact us directly:
