Kerry said that they had received lots of responses from the survey about the Money Management project and whilst there had been very positive feedback, there are lots of societies that have specific financial needs.
The Committee discussed the idea of societies submitting a financial year plan and how much financial information the Union should request from societies. Trini said that a model plan would be useful for funding rounds so that basic information was known about all societies. Michael suggested that financial plans could be submitted twice a year, and could just be a form that the Union asks societies to fill in.
The Committee also discussed various issues to do with student groups funding. Trini said that it would be useful to know the savings of each society because the Union could be funding things that the group can easily afford. Michael suggested that the Union could ask for more in return for the funding that they give out, such as publicity. The Committee agreed that this was a good idea.