Each semester, all matriculated students pay the $95.00 Mandatory Student Activity Fee. The management of this fee is the prime responsibility of the Department of Finance – we’re the glue that holds together all the fun stuff your MSAF pays for (such as Fall Fest and Culture Shock, General Programming, Clubs, Organizations, and Services… the list goes on!). The PSGA’s Coordinator of Finance serves a one-year term, beginning on June 1st, and concluding the last day of the following may. Job duties of the Coordinator of Finance include:

• Chairing meetings of the Finance Committee, and serving as a non-voting member (except in the event of a tie).
• Signing all contracts and letters of agreement of any club, organization, or service that is officially recognized by the PSGA.
• Keeping a current and public account of all the financial transactions of the PSGA.
• Training the treasurers of all chartered clubs, organizations, and services, and make available times to meet with said treasurers.
• Maintaining communication with all persons involved in financial decisions of the Senate, and reporting on these communications to the Senate.
• Familiarity with the financial policies and procedures of the PSGA.

One of the most important aspects of the Department of Finance is the Finance Committee. This committee has six voting seats: three for PSGA Senators; two for representatives of clubs, organizations, and services; and one for a non-elected member of the PSGA. The responsibilities of the Finance Committee include:

• Drafting the annual PSGA Budget.
• Overseeing the financial operations of the PSGA and its associated bodies.
• Conducting Quarterly Reviews for CoCO and the Service Board.
• Holding Budget hearings in the Spring Semester.
• Making financial recommendations to the Senate through a 2/3 vote.
• Drafting bylaws to increase efficiency within the Department of Finance.