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IACURH has a regional budget that the RBD utilizes to support our region, some things include: purchasing regional merchandise, making conferences more accessible for the RBD by purchasing their meals and travel, buying spirit packs for the lovely members of our region, etc.
This whole budget is monitored and updated by IACURH's Associate Director for Administration and Finance, Ange! The ADAF ensures that the regions money is being spent in a sustainable, efficient manner that best represents our regional values.
If you have questions regarding our regional budget, please reach out to our ADAF (ia_adaf@nacurh.org)
Budget 101:
Budget 101:
Terms to Know
Fiscal Year (current)
April 1st, 2024 - March 31st, 2025
Revenues
This section is how IACURH recieves money for the whole Fiscal Year, majority of this money comes from our institutions affiliating!
Expenses
This section outlines where our money goes towards, IACURH's goal is to always put our revenue back into the region. Examples of this would be merchandise purchasing, service and award pins, plaques for bid awards, etc.
Process of How the RBD Completes Purchases
Consult ADAF, Director, and/or Advisors
When a member of the RBD wishes to make a purchase using the regions money, they must seek approval from the ADAF, Director, and/or Advisors by having a business purpose that explains what this purchase is being used for and who this purchase is intended to impact.
Google Form
There is a google form that must be completed after the purchase has been approved and the transaction has been completed. This allows for a clear paper trail of reciepts to be accessible to the ADAF who oversees our spending and reports all the region's spending to NACURH.
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