All events with expenditure over £500 must complete an event budget.
From thereafter, we categorise event budgets depending on expenditure:
- For events under £1,000 expenditure, your budget only requires Management Group approval. Management Groups may ask to meet about a budget but there is no requirement for them to do so.
- For events above £1,000 expenditure, the budget will also require approval from the Activities Coordinator (Finance)
- For events above £10,000 expenditure, the budget will additionally require approval from an Activities Manager or the Deputy President (Activities)
- For events above £50,000 expenditure, the budget will require final approval from the Union President.
- If the event has any individual expenditure lines over £50,000, then approval from the Board of Trustees should be sought prior to the Union President's appoval.
