Vote Ridder: Financial Transparency

Vote Eli Ridder from March 9 to 13.

IT’S TIME FOR REAL ACTION

INTRO

IGNITE handles some $11 million of student money.

I will advocate relentlessly to increase financial transparency at the Board of Directors. One of the big items I will push for is a more in-depth budget that goes beyond a colourful graphic and tells you more about the financial choice that we, as your elected representatives, are doing.

BACKGROUND

For several years, a section of students have called for a line-by-line budget (source), similar to the ones produced by student unions at colleges and universities across Canada. Since at least the 2016 rebrand, there has been criticism among students at Humber College (source) related to what they call a lack of transparency at IGNITE — well documented by student journalists (source). But it doesn’t have to be this way.

RESEARCH

Here is an example of a 12-page budget from the George Brown College Student Association. Here is the Central Student Association’s 20-page budget. Here is a 28-page overview and budget breakdown from Sheridan Students Union, which IGNITE has cited as an example to follow in ending executive elections. And here is IGNITE’s annual graphic.

The point here is that there is no excuse for us not to be more transparent at our student union. Student unions at universities and colleges, big or small are all doing better and we should, too.

IMPLEMENTATION

As your director, I would move quickly to make sure that the 2020-2021 budget that will be presented at the March 25 Annual General Meeting is flushed out as soon as possible once my term starts on May 1.