Next: Operating Budget
- All Association funds shall be expended within the
purposes of the Association, and within the educational purposes
of the University. All funds derived from fees levied upon members
of the Association shall be expended within the educational purposes
of the University.
- No funds shall be received or expended by the Association
or its agencies unless authorized by the Operating Budget or
Capital Budget of the Association or by the budget of the relevant
Association agency. Authorization shall consist of the approval
by the Senate of the appropriate budget or a modification thereof.