True or false: The highest percentage of the chapter budget goes toward the ME Team.
TRUE! About 27% of our budget is the ME which is higher than my other officer team and/or chapter operating expenses.
This officer purchases promo-week attire?
Vice President of Marketing
True or false: the buses are the highest cost for a date party/formal.
FALSE! While date party buses range from $1000-$2000, the venue is typically the part of the event that costs the most.
Operations team
This is our largest source of income.
Name 3 purchases that come out of the Panhellenic team budget
1. Panhellenic Socials
2. RC gifts
3. Leadership Engagement RecognitionName 3 purchases that Vice President of Recruitment makes.
Work week supplies, apparel, food, EVERYTHING!
Recruitment Decorations
Rental supplies
RC fees
Name the officers under the Member Development Team that will have an expense account next Fiscal Year.
Vice President of Member Development
Director of Academic Affairs
Director of Inclusion
Wellness Specialist
True or false—you have to pay your dues with a debit card you cannot use any other payment method.
FALSE—you can actually pay with your bank account and it saves the chapter money!!! If you would like to pay this way for our last billing cycle, see Sierra.
Name a reason dues fluctuate year to year
This event occurs once per semester for the entire chapter and once per semester for just sophomores and juniors
Retreat
True or false: our chapter has a yearly canva subscription.
TRUE!! This is for Director of Public Relations and Vice President of Marketing to make digital content
This officer budget accounts for RMHC visits, the entire philanthropy week, and roses for RMHC.
Director of Philanthropy
True or false: the chapter will be switching to an entirely new system instead of omegafi next fiscal year.
TRUE—it is called Revela and all of Alpha Delta Pi is switching to it
This is your entire income for the year minus entire expenses for the year.
Net income (we want this to be around 2% so that we are using up all the money we budget for. The money that is not spent is moved to savings).
Name all the officers in the ME Team.
Vice President of Membership Experience
Director of New Member Experience
Director of Ritual Education
Director of Alumnae Engagement
Intramurals Chair
Sisterhood Specialist
This officer reserves a venue, buys shirts, and plans the activity for the chapter to go do together when new members run home!
Bid day chair
Name 3 things that Director of Academic Affairs purchases.
Dangles
Scholarship Banquet
Smarty-Pi Gifts
The dates from which our fiscal year runs.
August 1 (2024)—July 31 (2025). This means the last day for officers to make any purchases with the current fiscal year’s budget is July 31.
Describe passthrough revenue
A source of income that we accept, that is then paid directly to a different source
Net = $0
Alpha/initiation fees, Delta fees, philanthropy income
What do our Panhellenic dues provide?
guest speakers, events, recruitment, JCPC events, PNM recruitment merch, etc.
True or false: If you do not attend recruitment, fines will not be charged to your account
FALSE—this is a mandatory event and you will incur a fine for not attending.
This officer purchases supplies for tailgates and hosts an EPIC weekend in the fall and in the spring.
Special Events Chair
How does the Finance Team determine the budget?
Budgets and spending trends from the past two fiscal years
Officers filling out budget trackers for current fiscal year
InflationHow many billing cycles are there per semester?
4
Jan, Feb, March, AprilAug, Sept, Oct, Nov