WHEREAS, the Fiscal Year 2009 MSA budget proposed in Bill 47-32 is based on a projected FY08 carryover of $40,474.42, and
WHEREAS, PeopleSoft accounting system records from July 1, 2007, to April 1, 2008, show a remaining Year-to-Date balance of $414,467.86, and
WHEREAS, these records and meetings with MSA department directors and committee chairs result in a new projected FY08 carryover of $109,285.07, and
WHEREAS, this is a $68,810.35 increase over the FY08 carryover listed in the proposed FY09 MSA budget.
THEREFORE, be it enacted by the Missouri Students Association Senate that the Fiscal Year 2009 MSA Budget Summary records Year-to-Date PeopleSoft line item expenditures and an additional projected FY08 carryover of $68,810.35.
MSA Senate Speake
MSA Vice President