Student Congress officials said Wednesday that they are prepared to finance student campaigns even if all 55 candidates who so far expressed interest in running qualify for the Feb. 11 ballot.
The total campaign costs for this year's elections could amount to as much as $4,820, assuming that each prospective candidate gathers the necessary signatures to be placed on the ballot and that there are runoffs for student body president and senior class officers.
The 2003 elections will be the first to take into account the Larson-Daum Campaign Reform Act of 2002, which calls for campaigns funded entirely by student activity fees, new spending limits and a shorter campaign season.
Congress has budgeted about $8,000 for the elections, nearly double the highest possible cost. Excess funds will be reverted to the General Reserve, which contains all money generated by student activity fees.
"There is plenty of money available to handle any situation," said Michael Vollmer, student body treasurer. "Student Congress set aside sufficient funds for both the regular elections and runoffs."
To receive campaign funds, candidates must have a certified treasurer, a faculty adviser and be recognized by a student group.
"Now everyone has to do everything legit," said Brian Fauver, chairman of the Board of Elections. "It is formalizing the whole spending aspect of campaigning, which is good. There is more accountability on part of the candidates."
The main difference from last year's elections is the use of student, rather than personal, money.
"Candidates are not allowed to spend their own money, and if they do, there will be penalty costs," said Student Congress Speaker Carey Richter.