3. Budget, Receipts and Disbursements
3.1. By November 1 of each year the treasurer shall submit a budget to the Student Senate for its consideration at a regular meeting. The treasurer shall also submit revised budgets to the Student Senate from time to time as circumstances warrant.
3.2. The treasurer shall receive monies on behalf of the Student Senate and deposit such monies in one or more FDIC-insured bank accounts. The treasurer shall take reasonable care that the non-financial assets of the Student Senate are reasonably maintained.
3.3. The treasurer shall disburse Student Senate monies in accordance with the most recent budget approved by resolution of the Student Senate, or as otherwise authorized by resolution of the Student Senate.