Ryerson Students’ Union budget now available online

The Ryerson Students’ Union (RSU) expected budget for the 2014-15 fiscal year is now available online, after years of requests from students.

This comes after a motion was passed last November during the semi-annual general meeting to post all financial documents. Attendees said they were entitled to the information, as all undergraduate students pay a $60 mandatory fee to the RSU each year.

In this year’s budget, the RSU projects to receive $67,500 in revenue from the CopyRITE printing service, which is over 60 per cent less than the $174,000 earned in 2012-13. Graduate photo bookings are expected to rake in over $40,000.

Ryerson Students' Union president Rajean Hoilett grew up in a low-income Scarborough neighbourhood.

Ryerson Students’ Union president Rajean Hoilett. (Ryersonian Archives)

Last year’s administrative and office expenses came in at $844,731, while election costs totalled $20,715. Bursaries and sponsorships paid out accounted for over $69,000 and is projected to increase by eight per cent to $74,900.

One of the biggest expenses is membership to the Canadian Federation of Students (CFS), on both the national and provincial levels. The expense amounts to $385,000.

The full budget can be found here on ISSUU.

This version corrects percentage errors in the third paragraph.

Comments are closed.

Previous Next
Close
Test Caption
Test Description goes like this
Read previous post:
January 21, 2015 Issue

Close