SPB will no longer have to repay debt from 2006-07
Ben Herbst
Issue date: 10/19/07 Section: News
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Following an article that appeared in the Oct. 12 issue of the Echo administrators reviewing the Student Programming Board's plan to repay nearly $60,000 of overspending by last year's board decided to excuse the debt since it was due to circumstances beyond student control.
Last week's Echo reported that according to student leaders and Associate Dean of Students for Campus Life Kelly Wharton, much of the overspending came from costs associated with moving the spring Loudness concert from the Wadsworth Gymnasium to the field house, a venue that required soundproofing. "The justification was reviewed and it was due to a situation beyond their control," Wharton said.
Vice President for Student Affairs and Dean of Students Jim Terhune said that the SPB being asked to repay this debt stemmed from a misunderstanding between different departments. He attributed it to confusion related to the fact that the Student Government Association was over budget by a similar figure and being asked to repay it; "this was just an honest misunderstanding," he said.
SPB leaders were excited after receiving the news Monday.
"After all of the confusion, it is wonderful to know that we have more to work with for the rest of the year," SPB President Laura Perille '08 said, adding, "We are thrilled to say the least."
"We are extremely excited and surprised to learn that we no longer have to repay a deficit," SPB Treasurer Katherine Boyce '08 said. Boyce had been asked to craft an aggressive repayment plan and was in the process of getting it approved.
Wharton said that she had been advocating that the College excuse the debt since the beginning of the process, and was not surprised when she heard the news.
While SPB leaders were enthused about their newfound budget flexibility, they were quick to caution that this run-in with overspending will not be forgotten. "While we are thrilled to have a full $243,000 budget to work with, we want to maintain the level of care and frugality we've developed in planning and budgeting for our events," Boyce said. "Just because we have more money than expected, we don't want to simply throw money at events to make them successful."
Boyce said in the Oct. 12 Echo that she would be changing the way that the SPB budget was distributed. This will mean instead of giving each committee a percentage of the budget at the beginning of the year she will divide the money according to budget requests. "I will still be requesting budget proposals from committee chairs in order to determine my budget allocations," she said.
"Though we will continue to maintain a close eye on our budget, we now have the flexibility and expanded resources to enhance our events," Perille said.
Last week's Echo reported that according to student leaders and Associate Dean of Students for Campus Life Kelly Wharton, much of the overspending came from costs associated with moving the spring Loudness concert from the Wadsworth Gymnasium to the field house, a venue that required soundproofing. "The justification was reviewed and it was due to a situation beyond their control," Wharton said.
Vice President for Student Affairs and Dean of Students Jim Terhune said that the SPB being asked to repay this debt stemmed from a misunderstanding between different departments. He attributed it to confusion related to the fact that the Student Government Association was over budget by a similar figure and being asked to repay it; "this was just an honest misunderstanding," he said.
SPB leaders were excited after receiving the news Monday.
"After all of the confusion, it is wonderful to know that we have more to work with for the rest of the year," SPB President Laura Perille '08 said, adding, "We are thrilled to say the least."
"We are extremely excited and surprised to learn that we no longer have to repay a deficit," SPB Treasurer Katherine Boyce '08 said. Boyce had been asked to craft an aggressive repayment plan and was in the process of getting it approved.
Wharton said that she had been advocating that the College excuse the debt since the beginning of the process, and was not surprised when she heard the news.
While SPB leaders were enthused about their newfound budget flexibility, they were quick to caution that this run-in with overspending will not be forgotten. "While we are thrilled to have a full $243,000 budget to work with, we want to maintain the level of care and frugality we've developed in planning and budgeting for our events," Boyce said. "Just because we have more money than expected, we don't want to simply throw money at events to make them successful."
Boyce said in the Oct. 12 Echo that she would be changing the way that the SPB budget was distributed. This will mean instead of giving each committee a percentage of the budget at the beginning of the year she will divide the money according to budget requests. "I will still be requesting budget proposals from committee chairs in order to determine my budget allocations," she said.
"Though we will continue to maintain a close eye on our budget, we now have the flexibility and expanded resources to enhance our events," Perille said.
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