Rorix
Active Member
- Joined
- Jun 29, 2003
- Messages
- 1,818
- Gender
- Male
- HSC
- 2005
Regarding the financial statements that Xayma linked to
Approximately
Net Catering (900,000)
Clubs and Societies (470,000)
So, in order to cover the two main alleged problems with VSU [loss of union food outlets and death of clubs/socieities] the union only needs approx 1.4M (assuming the wages fall under catering expense, the financial statements aren't very detailed), 1.2M of which comes from rental and the negatives can obviously be easily offset with a slight rise in prices for non-members (given that there will be more) and a rise in the price of clubs+socs
Indeed if we approximate nonunion prices as being 15% higher than union prices and assume that 30000 students don't pay union fees next year, and spend on average 300 a year at uni on food, that's an extra 1.35M in revenue without any changing of the prices.
certainly no need for 14.19M in compulsory contributions like this year to have clubs and societies and union food outlets.
Approximately
Net Catering (900,000)
Clubs and Societies (470,000)
So, in order to cover the two main alleged problems with VSU [loss of union food outlets and death of clubs/socieities] the union only needs approx 1.4M (assuming the wages fall under catering expense, the financial statements aren't very detailed), 1.2M of which comes from rental and the negatives can obviously be easily offset with a slight rise in prices for non-members (given that there will be more) and a rise in the price of clubs+socs
Indeed if we approximate nonunion prices as being 15% higher than union prices and assume that 30000 students don't pay union fees next year, and spend on average 300 a year at uni on food, that's an extra 1.35M in revenue without any changing of the prices.
certainly no need for 14.19M in compulsory contributions like this year to have clubs and societies and union food outlets.
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