Thread: Budget help
View Single Post
  #3  
Old 10-02-2006, 01:37 PM
Senusret I Senusret I is offline
GreekChat Member
 
Join Date: Dec 2001
Posts: 12,783
Very general advice.....

Plan your programs first, then plan your budget.

By that I mean you should look ahead for the next two semesters and decide what types of programs you'd like to have.

When you've done that, you then estimate how much each event would cost. (If you have a formal out of town/state, then make sure you account for space rental, transportation, snacks on the ride, etc.)

Be detailed in your planning.

So then when you've done all that, you have a "wish list" of sorts. You have several options from that point:

Divide your total budget amount by number of girls in the chapter, and that number is your annual dues.

...or/and, you can then strategize how to defray the costs of your events. Will the formal be ticketed or part of dues? Can you make new member gifts instead of purchasing them? Etc.

Perhaps your school provides funding for Greek life -- many do not, but several do. If you are service oriented, you might be able to apply for school or community grants to fund your service program, freeing up some funds for your social program.

I hope these ideas are helpful.
Reply With Quote