University of Missouri

48-110: An Act to Outline Current and Future Capital Funding Allocations for KCOU and MUTV

Whereas, KCOU and MUTV presented funding proposals to the Budget Committee in regards to studios in Phase II of the New Student Center, and,

 

Whereas, the Budget Committee decided to fund these capital projects using the one time carryover within the FY10 budget given the high financial costs, and,

 

Whereas, KCOU presented a total cost of $140,100.00 including the main studio, new and live studio, production studio, and shop, and,

 

Whereas, KCOU has raised a total of $64,242.88 to date as of April 9th, 2009, and,

 

Whereas, the MSA Budget Committee decided to fund up to half of the remaining balance of $75,675.12 over the next three years, and,

 

Whereas, this year, the allocation for funding for KCOU will be $19,428.88, and,

 

Whereas, MUTV presented a total cost of $350,000.00 including capabilities, green screen and lighting, and studio and editing, and,

 

Whereas, MUTV has raised a total of $36,000 to date as of April 9th, 2009, and,

 

Whereas, the MSA Budget Committee decided to match $36,000 at the beginning of FY10, and may match up to $20,000 per year through FY14, or a total of $175,000, given the larger expense of MUTV’s proposed studio, and,

 

Whereas, the MSA Budget Committee reserves the right to over-match funds raised in a given year by either MUTV or KCOU if money is available and the decision is deemed financially responsible.

 

Therefore, let it be enacted and recognized by the Missouri Students Association that these guidelines put forth are for current and future allocations for KCOU and MUTV in regards to capital funding for Phase II of the New Student Center.

 

Respectfully submitted,

 

 

 

 

Colleen Hoffmann     Matt Sheppard           Claire Stuckel             Clayton Zak

MSA Vice President   Budget Chair              MSA Senator              MSA Senator

 

Brett Dinkins

MSA Senator