by md25 on Mon Oct 11, 2004 10:06 am
[s]Representation @ Your Union wrote on 10:20, 11th Oct 2004:
The block grant received from the university is roughly £158,000. It has been the exact same cash amount for the past three years. The increase that was received at that point was exactly enough to cover an expected increase in heat and power costs, which the Students' Association purchases from the university.
In 1995, when there were far fewer students, it was £220,000.
The costs of providing our representational functions (plus socs funding, etc) are about £300,000, so the bars and events are subsidising other activities to the tune of about £140,000.
Ah, so it's down to the Uni freezing (with inflation factored in, cutting) the money they give to the Union then?
With the God-only-knows amount they're getting for Hamilton you'd think they could cough up an extra hundred grand or so...