Hello everybody!
So it’s been a while since my last update, but here’s what I’ve got to say:
- PAF T&C Round 3 is next week! Results will be released and posted online on the Tuesday afterwards.
- Transition to the new executive is coming along. Ian, the new VP Finance, and I have already been working on next year’s budget.
- Budget is available! The latest iteration can be received by emailing me at vpfinance@ubcengineers.ca. I can’t upload it on the website because the blog format sucks
That’s all I have to say right now! Good luck on the last of your midterms e’rybody!
Budget Report
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Exec
Posted By Sean Morgan Anderson (VP Finance) on February 7th, 2011
Hi everybody, sorry about uploading the budget report late, once again E-Week was able to throw my sense of timing off. I have a few things to report:
- Performance Funding was a huge success. Compared to last year’s performance funding, where only 58% of available funding was claimed, this year 88% was. Good job to clubs for putting that effort in!
- I can’t upload the budget onto the blog, so if you want the excel spreadsheet emailed to you, please let me know at vpfinance@ubcengineers.ca. The EUS has nothing to hide from the students, so feel free to ask me for it!
- Most areas of the budget are on track to being within their allotted amount by the end of the year, like the advertising budget (and we do a LOT of advertising, so great job to Will for keeping the costs down!). The only items that exceeded their amount were Christmas Carolling (although the budget does not reflect this yet because there are still receipts coming in for that) and tEUSday meeting “food” where we didn’t anticipate how much “beverages” actually cost, but the overrun that we had in those items equates to less than 1% of our student fees so there is not too much room for concern.
- The External portfolio is also another area of the budget that is being managed very well. Excellent PAF applications have ensured that the portfolio is financially sound.
- The vending machines look like they have generated no profit, but that’s because the money inside is still being counted and as soon as we withdraw the money from the vending machines, the budget will be updated to reflect the status of the line item.
- Take into mind that for the budget, the only way I can keep track of money being spent is when I reimburse things. As of today, there are still many receipts flying about out there for me to reimburse and so a lot of the line items will look a little strange, like the Career Fair, where we haven’t deposited any sponsorship checks yet, but we have spent money on tables and the iPad. This is an interim budget report and this is the best that we can have available right now. If you have questions about particiular line items, and how they should look by the end of the year, fire me an email!
No Starcraft meme this time, all business, sorry guys.
Don’t forget that Endowment Fund is this week! Please send me your applications ASAP! They can be found on this website, just search for Endowment Fund Application.
Thinking of being an EUS executive?
If you read these blogs, you’re at least partly ahead of the game as you clearly care about the inner workings of the EUS!
Although many transition from CM/Ex-Officio positions to becoming an EUS executive, there have been many amazing executives in the past who come from diverse leadership backgrounds. EWB, departmental clubs, student teams or even just a regular everyday student that hasn’t gotten involved yet but has just missed their chances, all can be an EUS exec!
If interested, we’ll be having information sessions coming up soon, but for now, if you want to explore various options, please email me at president@ubcengineers.ca.
The future of the EUS can be in your hands
.

Happy new year and welcome back to school!
Through the long exams and the winter break, your EUS executive continued to work hard towards bettering the EUS!
Some highlights:
- Exec Retreat Part II gave us a chance to regroup, give some feedback, take some feedback
- The retreat also featured a self audit where we went over all the portfolio finances to ensure good spending! We are under budget in almost all of our line item, and with all of our finances summed up, we are doing very well! Brian will be giving the term one report up soon but until then, please feel free to contact him too look at it in detail!
- We have started our transition process, jotting down notes, tips or tricks for the incoming executive!
- The Cheeze was lovingly cleaned by wonderful volunteers! (Will, Julian, Trevor and more)
- The printer was fixed (go use it!)
- E-Week planning happened. 25 more days!
- Business signed up in droves for our E-Week career fair!
- Tutoring happened over exams! Hopefully this helped some of you do better in school!
That is all I can remember for now!
I am currently at the Canadian Federation for Engineering Students Congress in Newfoundland!

Cheers,
Amanda

Quick Update; just had a photo-shoot for the Red Sales website, taking all sorts of pictures of all of the inventory in red sales, and had a few fun shots done as well. Big thanks to the four awesome people pictured above.
Anyone who is interested in modeling Red Sales inventory can contact me at vpcomad@ubcengineers.ca.