Happy budget puts USC ahead in long-term plan
By Marshall Bellamy
The budget of the University Students’ Council was released
during Wednesday’s council meeting and the word is: we
are in the black.
USC VP-finance Rohan Belliappa said the budget eliminates
the accounting deficit accumulated over the USC’s 38-year
history, among other achievements.
“All student fees, which we are able to, have been frozen.
It’s the most comprehensive fee freeze in the recent
history of the USC,” he said, though he added several
fees will rise slightly because they are beyond the USC’s
“I expect to see fees being reduced as early as next
year,” he added, explaining the USC is now two years
ahead of its long term strategic plan.
According to Belliappa, CHRW 94.9 FM and TV Western are slated
to be making money next year because of several funding initiatives,
such as external services for tape editing, the selling of
O-Week videos, as well as a fundraising drive for CHRW.
The Wave is projected to come close to breaking even because
of increased food sales from the implementation of the Meal
Plan, he said, but noted that The Spoke is expected to lose
$75,000 next year.
“That’s our best estimate, that’s our best
guess,” said USC comptroller Karen Jackson. “We
don’t know for sure,” she said of the exact amount
The Spoke may lose.
“It’s not a new business; there’s still
a tavern in the back,” Jackson said of the upcoming renovations
to The Spoke.
The question of the availability of a more detailed budget
was brought up during the meeting.
“I don’t want people to think we’re hiding
something — I’d prefer not to post it on the website,” said
USC general manager Mark Sellars. “The issue of competition
is a fair one,” he said, noting he would not want to
see competitors having access to the USC’s operations
Belliappa said details of the budget would be released internally
to the councillors.