CMU Actuarial Club Budget
FY2013 (July 1 2012 - June 30, 2013)
Actuaries are business professionals who deal with managing the risk of financial loss. They often work for insurance companies, since insurance is societies form of risk management, however they also may work for consulting firms. Being an actuary is consistently rated a top profession. Most actuaries major in Mathematics, Statistics, Economics, or Finance, but students from any major or class year are welcome to join the Actuarial Club. Our mission is to represent the actuarial profession here at Carnegie Mellon. We hold regular informational meetings, study sessions for actuarial exams, and social events. If you are interested in learning more, e-mail cmuactuary@gmail.com to be added to our d-list!
JFC Rep: Grace Heckmann (checkman)
Summary
| Requested | |
|---|---|
| Expenditures | $750.00 |
| Capital | $0.00 |
| Revenue | ($80.00) |
| Final | $670.00 |
| Recommended | |
|---|---|
| Expenditures | $625.00 |
| Capital | $0.00 |
| Revenue | ($231.00) |
| Final | $394.00 |
| Final | |
|---|---|
| Expenditures | $625.00 |
| Capital | $0.00 |
| Revenue | ($231.00) |
| Debt | ($0.00) |
| Rollover | ($0.00) |
| Total Subsidy | $394.00 |
| FY13 Starting Balance | $394.00 |
Income and Revenue
| Object Code | Requested | Recommended | Final | Description |
|---|---|---|---|---|
| Memberships and Dues (+) | $0.00 | $0.00 | $0.00 |
No one will show up if we charge; Some members are sporadic We'll try charging $5 a year but we're not sure how to enforce it so we don't want to rely on it just yet |
| Other Sales (-) | $80.00 | $187.00 | $187.00 |
Hopefully a bake sale or something simple like that cover half of travel and all of prize expense |
| Other Sales (-) | $0.00 | $44.00 | $44.00 |
Late Submission Penalty 10% |
| Sub-Total | -$80.00 | -$231.00 | -$231.00 |
Uncategorized Items
| Object Code | Requested | Recommended | Final | Description |
|---|---|---|---|---|
| Travel Local (+) | $275.00 | $275.00 | $275.00 |
Includes cost of a zipcar membership in case no one has one ($60); The rest covers the cost of two cars for approximately 9-10 hours each ($10.75 an hour per car, based on the website's fee listing) for our annual RMU Actuarial Career Day trip |
| Refreshments (+) | $225.00 | $150.00 | $150.00 |
Includes pizza for the first and last GBM meetings of each semester (approx. $38 each); The rest is for various small snacks for meetings throughout the year such as drinks, chips, candies, etc. fund 2 GBMs, $75/semester |
| Gifts Unallowable (+) | $50.00 | $50.00 | $50.00 |
Includes 3 small prizes from the bookstore for our annual brainteaser competition (approx. $25); The rest is for a larger prize from the bookstore for our grand brainteaser winner (approx. $15) |
| Other Supplies (+) | $100.00 | $0.00 | $0.00 |
Spring Bowling not mission critical |
| Refreshments (+) | $80.00 | $150.00 | $150.00 |
Fall Ice Cream |
| Refreshments (+) | $20.00 | $0.00 | $0.00 |
New Officer Welcome. First board meeting for new officers at Razzy Fresh personal meal, can't fund |
| Sub-Total | $750.00 | $625.00 | $625.00 |
By Object Code
| Object Code | Requested | Recommended | Final | Description |
|---|---|---|---|---|
| Gifts Unallowable (+) | $50.00 | $50.00 | $50.00 | Includes 3 small prizes from the bookstore for our annual brainteaser competition (approx. $25); The rest is for a larger prize from the bookstore for our grand brainteaser winner (approx. $15) |
| Memberships and Dues (+) | $0.00 | $0.00 | $0.00 | No one will show up if we charge; Some members are sporadic We'll try charging $5 a year but we're not sure how to enforce it so we don't want to rely on it just yet |
| Other Sales (-) | $80.00 | $187.00 | $187.00 | Hopefully a bake sale or something simple like that |
| Other Sales (-) | $0.00 | $44.00 | $44.00 | |
| Other Supplies (+) | $100.00 | $0.00 | $0.00 | Spring Bowling |
| Refreshments (+) | $225.00 | $150.00 | $150.00 | Includes pizza for the first and last GBM meetings of each semester (approx. $38 each); The rest is for various small snacks for meetings throughout the year such as drinks, chips, candies, etc. |
| Refreshments (+) | $80.00 | $150.00 | $150.00 | Fall Ice Cream |
| Refreshments (+) | $20.00 | $0.00 | $0.00 | New Officer Welcome. First board meeting for new officers at Razzy Fresh |
| Travel Local (+) | $275.00 | $275.00 | $275.00 | Includes cost of a zipcar membership in case no one has one ($60); The rest covers the cost of two cars for approximately 9-10 hours each ($10.75 an hour per car, based on the website's fee listing) for our annual RMU Actuarial Career Day trip |
By Ocode
| Requested | |
|---|---|
| Gifts Unallowable | $50.00 |
| Memberships and Dues | $0.00 |
| Other Sales | $80.00 |
| Other Supplies | $100.00 |
| Refreshments | $325.00 |
| Travel Local | $275.00 |
| Recommended | |
|---|---|
| Gifts Unallowable | $50.00 |
| Memberships and Dues | $0.00 |
| Other Sales | $231.00 |
| Other Supplies | $0.00 |
| Refreshments | $300.00 |
| Travel Local | $275.00 |
| Final | |
|---|---|
| Gifts Unallowable | $50.00 |
| Memberships and Dues | $0.00 |
| Other Sales | $231.00 |
| Other Supplies | $0.00 |
| Refreshments | $300.00 |
| Travel Local | $275.00 |
Summary
| Requested | |
|---|---|
| Expenditures | $750.00 |
| Capital | $0.00 |
| Revenue | ($80.00) |
| Final | $670.00 |
| Recommended | |
|---|---|
| Expenditures | $625.00 |
| Capital | $0.00 |
| Revenue | ($231.00) |
| Final | $394.00 |
| Final | |
|---|---|
| Expenditures | $625.00 |
| Capital | $0.00 |
| Revenue | ($231.00) |
| Debt | ($0.00) |
| Rollover | ($0.00) |
| Total Subsidy | $394.00 |
| FY13 Starting Balance | $394.00 |