Each member of the Students’ Union pays dues as part their membership. Those dues are budgeted by the elected board of the Union for each fiscal year to ensure that the Union continues to be able to provide the membership with high quality advocacy, services, and entertainment on an ongoing basis.
Each year in June the board adopts the annual budget for the upcoming fiscal year based upon the projected expenses derived from the plans that have been adopted by the for the upcoming year. These projections serve to guide the board during their operations and are reported to the membership at the Union’s annual general meeting each year. In addition to the adoption of the budgeted projected expenditures for each fiscal year, the Union also produces annual audited financial statements that are also presented to membership at the annual general meeting.