SGA rolls out new finance policies

By on September 24, 2019

The Student Government Association (SGA) is rolling out new finance policies for student organizations in an effort to align with university policy.

SGA Vice President of Finance Glenn Adams told student organization leaders about the new policies during their required financial training.

Stephen MacLeod
The changes mostly concern how student organizations are able to spend money and how they file their expenses.

First among the changes are new procedures for using a Quinnipiac credit card. In the past, members of any organization could come to the VP of Finance office and take the card to where they needed to go. The new policy is that the card cannot leave the office, and therefore most orders must be made online or over the phone.

“We moved from using a JP Morgan credit card payment net to a new process, a new system called Chrome River,” Matt Kurz, assistant dean of student affairs, said. “It’s this new company essentially. And they also shifted some of their practices and how the procurement office works with credit cards.”

The reason for the change is a new university policy. The credit card used by SGA is actually Kurz’s company card. The new university policy states that if there are three receipts of less than $50 or one receipt of more than $50 that are not turned in, the card will be frozen.

There is a process to take the card out of the office. Leaders must give one week’s notice and leave their student ID while they go to the shop.

Another change announced during financial training is a new giveaway and raffle policy. The policy presented to leaders at the training was that no members could win a raffle. The original policy would cause smaller organizations or multicultural organizations need to advertise to non-regulars in order to hold raffles or giveaways. The policy was met with immediate backlash, and Adams said that many student leaders reached out to talk about the policy.

SGA has since reconsidered the policy. The new policy going forward will be that only executive board members of student organizations will not be able to win prizes. Giveaways will also be required to be open to the entire student body.

For reimbursements, all receipts will now need to be filed electronically. A picture of the receipt or an electronic copy will be accepted, according to Adams.

“I think things might be a little stricter now with filling things out and deadlines, but that is much better because it will be more orderly and structured,” Giulia Capicotto, president of the Italian Cultural Society, said. “Glenn seems like he is happy to work with us and seems pretty understanding. I think it is also great that things are now all electronic for reimbursements. We have to scan the receipts so now they cannot claim that it was never handed in or lost.”

The policies were implemented with the intent of additional oversight. Kurz said that some organizations could use the money to have food for their study nights. He said even in that situation, as long as you explain that you’re trying to recruit a population to Adams or himself, then it would be OK.

Student leaders who have attended financial training have not yet been informed of the change. Adams said that he will send an email to leaders in the near future.

Adams is also implementing a new point of contact for student organizations. The finance board members will divide up all student organizations among them. Although Adams says that all organizations are welcome to contact him directly, having an additional point of contact can help responses be quicker and more convenient.

Other reforms include a new contract policy, a more formalized fundraising request process and a different budgeting process in the spring.

Kurz says that if any leaders are angry with the changes, they can work with SGA.

“We want students to feel empowered to change and make an impact and, and be involved in these things because it’s their money and their government,” he said. “If there’s a group of students that want SGA to vote and say [executive] board members be able to win giveaways, and they passed that and we would abide by that.”

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