{"id":630,"date":"2026-09-11T11:37:54","date_gmt":"2026-09-11T15:37:54","guid":{"rendered":"https:\/\/sites.williams.edu\/fast\/?p=630"},"modified":"2026-09-11T11:36:33","modified_gmt":"2026-09-11T15:36:33","slug":"fast-26-27-budget-and-relevant-information","status":"publish","type":"post","link":"https:\/\/sites.williams.edu\/fast\/email-announcements\/fast-26-27-budget-and-relevant-information\/","title":{"rendered":"FAST 26-27 Budget and Relevant Information"},"content":{"rendered":"<p>Dear Williams Students,<\/p>\n<p>Welcome (back) to the Purple Valley! We hope your semester has started off well. Your FAST Representatives are writing to share information about this year&#8217;s Student Activities Tax! If there are any questions, feel free to email us or visit our Office Hours in the People&#8217;s Office (Upper Paresky) <strong>Mondays 6-7pm<\/strong> and <strong>Wednesdays 10-11am<\/strong>!<\/p>\n<p><span style=\"text-decoration: underline\"><strong>2026-2027 Budget<\/strong><\/span><br \/>\nCurrently, we do not have the exact budget for the entire academic year. We are still waiting to confirm the rollover\/surplus amount from previous years. This current budget is a <strong>conservative estimate<\/strong> provided to us by the Budget Office and every sector will likely see growth from these numbers. For the moment, we will consider our budget to be this <strong>estimation<\/strong>, and will update everyone once the budget is finalized.<\/p>\n<p><span style=\"text-decoration: underline\"><strong>Budget Breakdown<\/strong><\/span><br \/>\nOur total budget is <strong>$452,071.90.<\/strong> This combines the (<em>confirmed<\/em>) Student Activities Tax <strong>$348,542.46<\/strong>, the <em>estimated<\/em> rollover amount <strong>$111,929.44<\/strong>, and subtracts FAST&#8217;s combined salaries, <strong>$8,400.00<\/strong><\/p>\n<p style=\"text-align: left\"><span style=\"text-decoration: underline\"><strong>Sector Allocations<\/strong><\/span><br \/>\nHere is how the estimated budget stretches across FAST&#8217;s six sectors:<br \/>\n&#8211; All Campus Entertainment (ACE) [28%]: <strong>$126,580.13<\/strong><br \/>\n&#8211; Williams Outing Club (WOC) [7%]: <strong>$34,000.00<\/strong><br \/>\n&#8211; Competitive Teams** [26%]: <strong>$92,146.98<\/strong><br \/>\n&#8212;Nationals Fund [<em>20% of Comp. Teams<\/em>]: <strong>$23,036.74<\/strong><br \/>\n&#8211; Minority Coalition and Affiliate Groups [10%]: <strong>$45,207.19<\/strong><br \/>\n&#8211; Performance Groups [9.5%]: <strong>$42,946.83<\/strong><br \/>\n&#8211; At-Large [19.5%]: <strong>$88,154.02<\/strong><br \/>\n<strong>** Competitive Teams&#8217; allocation was adjusted to meet WOC&#8217;s $34,000 minimum <em>(<a href=\"https:\/\/drive.google.com\/file\/d\/182EtyeISwEBxI9KaJtBSIa7tWjBkl8qX\/view?usp=sharing\">FAST Constitution<\/a>, Article IV, Section C, Line 14)<\/em><\/strong><br \/>\nFurther information is available on our <a href=\"https:\/\/docs.google.com\/spreadsheets\/d\/1TPp93u1lisaWsSnPhGzWI3rC6gYtpFgTdWzyg8rxXfI\/edit?usp=sharing\">MASTER<\/a> Spreadsheet. This will be updated weekly to show our remaining budget. It will also have submitted budgets publicly available.<\/p>\n<p><span style=\"text-decoration: underline\"><strong>Minority Coalition and Affiliate Groups<\/strong><\/span><br \/>\nPreviously, MinCo groups were instructed to submit the Davis Center&#8217;s form for all of their transactions, including FAST ones. From now on, MinCo groups should request FAST funding through FAST&#8217;s annual and supplemental forms, using FAST templates, and use p-cards or reimbursements to facilitate transactions. The MinCo allocation of the Student Activities Tax will be overseen by FAST and MinCo groups may continue to access funding from the MinCo Steering Committee and Davis Center. All further information is relevant for MinCo groups as well.<\/p>\n<p><span style=\"text-decoration: underline\"><strong>Annual Budgets<\/strong><\/span><br \/>\nAnnual Budgets have officially opened! If your RSO submitted an audit to FAST the previous academic year, you are eligible for an annual budget! This budget should be a list of all of your anticipated events and purchases for the entire academic year. Once approved, you will have access to this funding for the entire year, in addition to submitting any supplemental funding you may eventually need.<br \/>\nTo submit, please complete our <a href=\"https:\/\/docs.google.com\/spreadsheets\/d\/1F8oISsQwpUJdt5jlRl9XfaNYTcmDxhUo5ZSxZOa7NWg\/cop\">template<\/a>, and submit it through our <a href=\"https:\/\/sites.williams.edu\/fast\/\">form<\/a>. FAST will review both your audit and annual budget in our Office Hours, and will communicate once we have approved it. If we have any questions, we will reach out to you.<br \/>\nAnnual Budgets will close in two weeks, <strong>Friday, September 25th at 11:59pm.<\/strong><\/p>\n<p><span style=\"text-decoration: underline\"><strong>Supplemental Budgets<\/strong><\/span><br \/>\nSupplemental Budgets have opened as well! This is the main form where RSOs will request funding throughout the entire year. This form is intended to approve one event\/purchase per submission. First complete our budget <a href=\"https:\/\/docs.google.com\/spreadsheets\/d\/1FaXqQiiUR-YGNVYrwbXxFvwIJnddk17A_Kt8cCMX6hY\/copy\">template<\/a> with <em>all<\/em> information you have about your event, and submit it through our <a href=\"https:\/\/docs.google.com\/spreadsheets\/d\/1FaXqQiiUR-YGNVYrwbXxFvwIJnddk17A_Kt8cCMX6hY\/edit?usp=sharing\">form<\/a>. Please submit multiple budgets and forms if you have multiple purchases. FAST will deliberate during our Office Hours and email the financial officer about its approval.<\/p>\n<p><span style=\"text-decoration: underline\"><strong>P-cards and Reimbursements<\/strong><\/span><br \/>\nP-cards and reimbursements have also opened for the year! These are the two ways you may use the funding you request in your budget.<br \/>\n<span style=\"text-decoration: underline\">P-cards<\/span>: <em>Purchases from Walmart, Stop&amp;Shop and Amazon must be facilitated through Cailin or Trevor in the SLL, to utilize the college&#8217;s tax-free accounts. No reimbursements will be approved.<\/em><br \/>\nTo use a purchasing card, after your budget has been approved, you may submit the <a href=\"https:\/\/docs.google.com\/forms\/d\/e\/1FAIpQLScLDe6RpDxTsyz9Y8hugP_eoGmJqL4gJ2OzwGB7C5xRoWV1hg\/viewform\">RSO Financial Transaction<\/a> form. FAST will review the request during our Office Hours, to ensure that it meets our guidelines and that it is drawing from an approved budget. Once FAST notifies you of your approval, you may <a href=\"https:\/\/calendly.com\/cm54-williams\/purchase-request-meeting\">schedule<\/a> a meeting with Cailin McGowan to facilitate the purchase!<br \/>\n<strong>Please submit your budget and p-card request at least one week before your event!<\/strong><br \/>\n<span style=\"text-decoration: underline\">Purple Key Fair<\/span>: For purchases related to Purple Key Fair, FAST will allow every RSO to submit a supplemental budget request for a $30 maximum for materials for advertising. If this will be a hardship, i.e, you need to buy a banner or additional materials, please indicate the reason on your budget. RSOs may use p-cards or reimbursements for these purchases (even from Walmart, Stop&amp;Shop and Amazon). This exception will be made for Purple Key Fair only. Please submit your annual budget or other supplemental budgets separately from this purchase.<br \/>\n<span style=\"text-decoration: underline\">Reimbursements<\/span>: If you would prefer to use a personal debit card\/cash, you may submit the <a href=\"https:\/\/docs.google.com\/forms\/d\/e\/1FAIpQLSfe6Z7Ogb_Zm4i3NyIxfcEldcCX2esqax0zapKNcPWpGP-Lvg\/viewform?usp=dialog\">reimbursement form<\/a> with all itemized receipts. Reimbursements are not approved for purchases that were not itemized in a budget. The submitter of the form will be notified if their request is approved or denied. Reimbursement on average take 2-6 weeks.<\/p>\n<p><span style=\"text-decoration: underline\"><strong>Further Resources<\/strong><\/span><br \/>\nWe have fully updated our <a href=\"https:\/\/docs.google.com\/forms\/d\/e\/1FAIpQLSfe6Z7Ogb_Zm4i3NyIxfcEldcCX2esqax0zapKNcPWpGP-Lvg\/viewform?usp=dialog\">website<\/a> (<em>thank you for visiting<\/em>)! It houses information about past and current FAST information and may answer any questions you have! Please consult our website first if you have questions!<br \/>\nAs of June 2026, we have updated our <a href=\"https:\/\/drive.google.com\/file\/d\/182EtyeISwEBxI9KaJtBSIa7tWjBkl8qX\/view\">constitution<\/a>! Please consult the document or our Quick Guide before making a budget, as we have updated our per diems as well!<br \/>\nWe also have an <a href=\"https:\/\/www.instagram.com\/fast.williamscollege?stkn=b2V6aGliZzBwODU0&amp;utm_source=qr\">instagram<\/a>! We will advertise information there, in addition to our email and website. Give us a follow!<\/p>\n<p>Please email us if you have any questions! Information regarding a financial officer training session will be released later. Thank you for your time.<\/p>\n<p>Best,<br \/>\nYour FAST Representatives,<br \/>\n<i>Gavin Aurelus \u201929, Competitive Teams<br \/>\nZippy Casteal &#8217;28, At-Large Groups<br \/>\nJack Allen Greenfield \u201927, Performance Groups<br \/>\nSahil Sajid &#8217;29, Minority Coalition Groups and Affiliates<br \/>\nAnnabel Smith \u201929, At-Large Groups<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dear Williams Students, Welcome (back) to the Purple Valley! We hope your semester has started off well. Your FAST Representatives are writing to share information about this year&#8217;s Student Activities Tax! If there are any questions, feel free to email us or visit our Office Hours in the People&#8217;s Office (Upper Paresky) Mondays 6-7pm and &hellip; <a href=\"https:\/\/sites.williams.edu\/fast\/email-announcements\/fast-26-27-budget-and-relevant-information\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;FAST 26-27 Budget and Relevant Information&#8221;<\/span><\/a><\/p>\n","protected":false},"author":3275,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[8],"tags":[],"class_list":["post-630","post","type-post","status-publish","format-standard","hentry","category-email-announcements"],"acf":[],"_links":{"self":[{"href":"https:\/\/sites.williams.edu\/fast\/wp-json\/wp\/v2\/posts\/630","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sites.williams.edu\/fast\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sites.williams.edu\/fast\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sites.williams.edu\/fast\/wp-json\/wp\/v2\/users\/3275"}],"replies":[{"embeddable":true,"href":"https:\/\/sites.williams.edu\/fast\/wp-json\/wp\/v2\/comments?post=630"}],"version-history":[{"count":1,"href":"https:\/\/sites.williams.edu\/fast\/wp-json\/wp\/v2\/posts\/630\/revisions"}],"predecessor-version":[{"id":631,"href":"https:\/\/sites.williams.edu\/fast\/wp-json\/wp\/v2\/posts\/630\/revisions\/631"}],"wp:attachment":[{"href":"https:\/\/sites.williams.edu\/fast\/wp-json\/wp\/v2\/media?parent=630"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sites.williams.edu\/fast\/wp-json\/wp\/v2\/categories?post=630"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sites.williams.edu\/fast\/wp-json\/wp\/v2\/tags?post=630"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}