JFC Budget Process
Fiscal Year 2019-2020 (FY20)
Every year, organizations are able to receive JFC funds to subsidize their expenses. This year's Joint Funding Committee (JFC) is responsible for allocating funds to organizations for Fiscal Year 20 (FY20: Fall '19 Spring '20).
First, organizations that are seeking funding will be required to fill out a JFC Declaration of Intent. They will then be assigned a financial advisor with whom they will meet and consult for their budget. They will then submit this budget on the Budgeting Module (online platform used throughout the JFC Allocation process). The Joint Funding Committee will then meet and determine the allocation for all the organizations. Once the allocations are decided, they will be released online and the organizations will be notified by the SBVPF. Organizations will have the opportunity to appeal their allocation. One the appeals process is finished, the SBVPF will present the budget allocations to Senate and GSA for ratification. After the allocations are ratified, they become the official JFC budgets for the organizations the following year and the organizations will be notified.
JFC Process Timeline
JFC Declaration of Intent can be found on these links:
- FY20 Declaration of Intent for New Orgs [link coming soon]
- FY20 Declaration of Intent [link coming soon]
Deadline for these applications will be in November 2018.
JFC Financial Advisors to serve for the FY20 will be assigned and posted here.
Budget Submission on the budgeting module is due at the end of January 2019
JFC Meetings will occur in early-mid Spring Semester and allocations will be available in late March/Early April
JFC Appeals will occur early-mid April
JFC Slate Ratification will occur late April