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Co-Funding Board Guidelines

2004-2005

 

 

My signature, representing the said club, indicates that we are aware of and understand the allocation guidelines presented to us by the Co-Funding Board.

 

1.) We have read, understand, and agree to comply with all Co-Funding Board guidelines, of which we possess a copy.

 

2.) We have read, understand, and agree to comply with all portions of the new Co-Funding Board grading system, including:

            A). Penalization for a high percentage of reabsorptions:

                        Reabsorption of 0-5% of allocated funds receives a score of four.

                        Reabsorption of 6-10% of allocated funds receives a score of three.

                        Reabsorption of 11-15% of allocated funds receives a score of two.

                        Reabsorption of 16-20% of allocated funds receives a score of one.

                        Reabsorption of 21% + of allocated funds receives a score of zero.

            B). Penalization for failure to submit monthly audits:

                        Completion of four monthly audits receives a score of four.

                        Completion of three monthly audits receives a score of three.

                        Completion of two monthly audits receives a score of two.

                        Completion of one monthly audit receives a score of one.

                        Completion of no monthly audits receives a score of zero.

 

Failure to comply with these guidelines will likely result in funding consequences.

 

  

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Club

  


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Print Club Leader’s Name                                              Date

 

 
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Signature of Club’s Leader                                        Date