University of Missouri

54-26: An Act Expanding the Travel Pool Allocation

Missouri Students Association

University of Missouri

Bill 54-26

AN ACT EXPANDING THE TRAVEL POOL ALLOCATION

PURPOSE:  To expand the funds available for the Travel Pool.

WHEREAS, The current allocation for the Travel Pool is 35% of Contingency and Reserve fund; AND

WHEREAS, in Fiscal Year 2015, 35% of Contingency and Reserve amounts to $10,678.15; AND
WHEREAS, in Fiscal Year 2015, 50% of Contingency and Reserve amounts to $15,254.50; AND
WHEREAS, This year, the inaugural year of the Travel Pool, there was an underestimation of funds to be requested; AND

WHEREAS, In order to meet the demonstrated need, it is imperative that up to 50% of Contingency and Reserve be allocated to the Travel Pool.

THEREFORE BE IT ESTABLISHED BY THE MISSOURI STUDENTS ASSOCIATION HERE ASSEMBLED that section 4.30 (D) of the bylaws be amended to read as follows:

(D) TRAVEL POOL ALLOCATION AND REQUEST PROCEDURE – The process for creating travel pool requests and the limitations of the travel pool shall be outlined below.

(1) The allocation for the travel pool shall be no more than 50% of the total amount allocated for contingency and reserve.

(6) Section 4.3(D) shall be reviewed, either to be removed or amended, in the form of legislation prior to the passage of the 2016-2017 Fiscal Year budget.

 

Respectfully submitted,

William Vega Benjamin Vega Benjamin J. Bolin

Budget Chair Academic Affairs Chair Senate Speaker