Budget

LSSO Treasurers are required to keep track of their organization’s budget and must submit a budget submission to the Office of the Dean of Students outlining all expenses and revenue. The due date for the End-of-the Year Budget Submission is Friday, May 12, 2023.

It is critical that LSSOs do not spend money in excess of their budget allocation. If an LSSO exceeds their allocation, the organization will be ineligible for funding the following year. LSA accounts zero out at the end of each academic year and all funds left in an LSA account will not carry over to the following academic year.

Funds

  • LSA Funds: Unspent LSA funds will not carry over to the next academic year. LSSOs will receive a new budget every year.
  • Firm Funds: Firm Funds do not carry over to the next academic year. However, LSSOs that received special firm funding for a signature event and did not host the event in the same particular year will be allowed to carry over those funds without a limit, and should have their event in the next academic year.

Member-Only Events & Swag

The majority of your spending should be open to the entire Law School community. However, LSSOs may use up to 25% of their LSA funds either to host a member-only event or on member-only swag purchases. Member-only events are events that are advertised internally to your LSSO members only, and which are not open to the general Law School community. Examples of these events include board meetings, member-only meals and social activities, or a professional development meeting

Spending on member-only events from other sources of funds (e.g. firm funds) does not have the 25% spending limit. 

If LSSOs use their 25% member-only spending towards swag, they may purchase LSSO member t-shirts or sweatshirts from the following approved vendors. When purchasing, individual items may not exceed the following caps per t-shirt or sweatshirt.

Please note that swag designs will need to be approved by the Office of Dean of Students before ordering. LSSOs will also need to provide the Office of Dean of Students a list of student names receiving the t-shirts and sweatshirts.

  • $20 spending cap per t-shirt
  • $35 spending cap per sweatshirt

Approved Vendors