4.1) The fiscal year for the GSC begins July 1st of a calendar year and ends June 30th of the following calendar year.
4.2) The GSCGB shall allocate registration fees and other income for GSC operating expenses, including, but not limited to, staff salaries, standard and deferred maintenance, general building supplies, and GSCGB expenses and programming.
4.3) A preliminary budget report shall be provided at the end of each academic year by the Facilities Manager in consultation with the GSCGB Finance Committee. Official reports shall then be submitted at the beginning of fall quarter for review and approval. Before the end of each fiscal year, the Facilities Manager, in consultation with the GSCGB Finance Committee, shall submit an annual budget for the following fiscal year to the GSCGB for review and approval.
4.4) The Facilities Manager shall submit the annual budget for a given fiscal year to the DGS office no later than the start of said fiscal year.