However, some have difficulty paying that amount all at once, and instead pay on a monthly basis or less frequently depending on what arrangements they've made with Doug. In addition, student financial aid payments are not usually received in time to pay a semester's rent at the beginning of the semester. Discussion followed on delinquent rent payments and ways to increase income, cut expenses, or both. Mike Maher stated that when Nick Skaltsas had charge of the House monies 30 years ago, Nick actually moved a brother's belongings onto the sidewalk because that brother was delinquent in his rent payment. Doug also furnished an expense breakdown and projection for the same time period for the Fraternity s operating costs, including diplomas, composites, the Alpha Picnic, and other expenses.
Funding comes from dues payment.
This does not include a couple of tax bills that were unpaid from previous semesters. The water bill is paid twice a year. We need to have income and cost figures projected farther into the future. That way a budget of some sort could be developed to eliminate as many financial variables as possible. For example, Chris recommended that monthly averaging be applied to as many utility bills as possible, and that would make it easier to plan a budget.