November 30, 2023

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VOLUME 147, ISSUE 9 | THURSDAY, NOVEMBER 30, 2023

THEAGGIE.ORG

ASUCD fall 2023 election results announced

Voter turnout was between nine and 10 percent for this election BY LILY FREEMAN campus@theaggie.org

Rizk said. “The fact that people took the time to go [to] the next page and vote is encouraging. It’s all better than where we were last year.”

NATALIE CHENG / AGGIE

In the ASUCD fall 2023 election, 21 candidates ran for six seats in the Senate and three constitutional amendments were voted on. Here are the results:

This fall’s elections had a greater focus on internal improvement, according to Rizk. “For me, the priority of this election was less about getting out the vote and [more about] building things up,” Rizk said. “I believe that we needed to do a lot of stuff on the inside to make processes work and make sure that we’re cooperating as a whole.”

Jonathan Ng was elected to the Senate. Katia Bouali was elected to the Senate. Curtis Chen was elected to the Senate.

However, during the spring 2024 elections, Rizk said that ASUCD is aiming to have a much more external focus. This is especially because there is going to be at least one student fee referendum (including The Green Initiative Fund) on the ballot, which requires a 20% voter turnout to be implemented.

Yara Kaadan was elected to the Senate. Jacob Klein was elected to the Senate. Leah Jung was elected to the Senate. CA #86, which moves to change the title of members of the Judicial Council to justices, passed with 79.62% of the vote.

from the executive branch and formally defines what it means to be an ASUCD representative, passed with 87.99% of the vote.

CA #87, which formally establishes the Office of the Transfer Student Representative and the Office of the International Student Representative as legislative bodies, removes them

CA #88, which moves to change the number of members on the Judicial Council from five to seven, passed with 92.2% of the vote.

While ASUCD can not determine a specific voter turnout percentage due to there being no fee referendums on the ballot, the voter turnout for this fall’s election was between nine and 10%, according to Elections Officer Reid Rizk. “This is encouraging,” Rizk said. “It’s definitely better than where we

The importance of financial literacy at the collegiate level

UC Davis students and staff discuss options for students to become financially literate before entering the workforce NOVA MAI / AGGIE

were this time last year.” Last fall’s turnout was 5.58%. Rizk also said that voter retention rates improved with this election. “We only lost about 250 people from the measure ballot to the Senate ballot, which in previous elections, we’ve lost about one thousand people,”

“We’re hoping this will allow us to promote more, do more posters and more outreach in general,” Rizk said. “We’ve set aside a lot of money for the spring election, and I’m hoping the next elections officer who comes in uses that in a smart way.”

ASUCD Senate bill for equitable parking costs needs to find alternative funding

The bill cannot be funded by the Senate reserves budget as it was originally passed due to issues regarding the use of student fees BY SYDNEY AMESTOY campus@theaggie.org

BY ZOEY MORTAZAVI campus@theaggie.org Throughout college, newfound financial freedom and responsibility hit the average student like a truck. Unexplored financial territory quickly plunges students neck-deep into student loans, bills, rent, taxes and plenty of other concepts that have been laid out since they were kids as “far off” or “adult” concepts. The idea of the “broke college student” is a widely normalized concept, attached to stubborn stigmas announcing that college students have limited financial knowledge and can get themselves into trouble because of it. The question continues to present

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itself, asking whether anything can be done to begin taking some of these stigmas away. In other words, can college students beat the “financially illiterate” allegations? Alongside this question, many are beginning to advocate for financial education to not only be an option, but something that will eventually become mandatory for all college students. With many of these unprecedented concepts creeping up on them very quickly, many students at UC Davis have expressed concern for the lack of mandated financial education at the collegiate level. “If financial concepts are something we start to handle as young adults, it’s crazy that we aren’t taught more about them while we’re still young and in school,” Annaliese Dobbins, a first-year biochemistry major, said. “No one ever really explained how we’re just suddenly thrown into being an adult. It’s scary to feel like I don’t know how money works, and I want to change that. But with a major that has such a high unit count, I have a feeling I’ll struggle trying to fit a finance class into my schedule.” There are a handful of finance courses offered at UC Davis, many of which can be applied to different majors and general education credits. Many at UC Davis are beginning to promote and discuss the fact that if students can make room for finance classes in their schedules, they should. Utilizing resources like schedule planning and course advisement, students can do research to see whether they can make space for personal finance courses to help them

better prepare for their futures. “Learning about personal finance early will definitely better prepare me for my financial life in the upcoming years,” Aditi Inamdar, a first-year neurobiology, physiology and behavior major, said. “As a student who is making the decision to change to the managerial economics major, taking some of these classes early on and learning finance will definitely help me grow within the business field.” Professors working in economics at Davis aim to remind students that they should make time to learn about the nuances of the financial world so that it doesn’t creep up on them. Countless organizations and foundations work tirelessly to spread the message that college is a crucial time to become financially literate. The U.S. News and World Report wrote that in a survey of approximately 30,000 college students from across the nation — coverage of over 440 institutions — only 53% reported that they felt remotely prepared to handle their individual finances. “On the college side of things, we want to take whatever is taught in high school, if anything, and expand upon it,” Phil Schuman, president of the Higher Education Financial Wellness Alliance and executive director of financial wellness and education at Indiana University — Bloomington, said. “Really provide people a look at what post-college life could look like with what their financial situation may be based on their degree and based on how much student loan debt they may have.” FINANCES on 3

Student Bill (SB) #8, which would provide ASUCD funding to financially disadvantaged students for on-campus parking, needs to find an alternative source of funding. In its originally passed form, the bill would have seen $12,500 allocated from the ASUCD Senate Reserves Budget. Passed during the Nov. 2 ASUCD Senate meeting, Senator Gaius Ilupeju, the bill’s author, said that the bill would also create an Equitable Parking Oversight Committee. “The goal of the initiative is to subsidize parking for financially disadvantaged students, commuter students and student workers,” Ilupeju said. “That’s the short term goal, [and] the long term goal is to, you know, create affordable parking on campus for everyone.” However, according to Ilupeju, the bill in its current state needs to be reworked due to its reliance on funding from the Senate reserves budget. “After we passed it, [and] we should have probably done this before, we reached out to our campus legal council which advises all university departments on spending and sending in contracts or agreements to make sure that they don’t run into legal issues,” Ilupeju said. “This program is not one of the things that was explicitly listed on the fee referendum that students vote on, which makes up part of the Senate reserves budget.” During deliberation for an emergency spending bill at the ASUCD Senate meeting held on Nov. 2, Controller Allyson Francisco mentioned that the Senate reserves budget was a quarter of the way spent already. That statement is no longer accurate, according to Francisco, as it included the $12,500 for SB #8. According to Francisco, the ASUCD budget, and more specifically the Senate reserves budget, is made up of a variety of sources, from state

funding to income made from units such as the ASUCD Bike Barn. On the other hand, the Senate reserve budget – which is around $91,000 and used for bills and emergency spending – is funded through set student fees which have been voted on in ASUCD elections. Currently, according to Francisco, students pay $85 per quarter, with that number increasing by $8 every year until the 2029-2030 school year. This was voted on through the Basic Needs Fee referendum in the winter 2020 ASUCD election. “We have one of the lowest base fees of any UC campus,” Francisco said. “UC Santa Barbara is in the hundreds, and the same with UCLA. This is all public information […] their students are paying hundreds of dollars per quarter for their student government.” Since the money for subsidized parking was not part of the Basic Needs Fee referendum, according to Ilupeju, this meant that it was recommended that a new source of funding was needed. “So that $12,500 is in limbo,” Ilupeju said. “We’re just waiting for further meetings for communication. But once everything is sorted out another option that we have for the subsidization programs is to just give it to students directly as a grant through financial aid. The problem with that is a lot of these students or a lot of students who qualify already receive a lot of financial aid to kind of regain over the cost of living […] So [if ] we give them an additional grant, that might mess up their financial aid.” According to Ilupeju, there have been other considerations for sources of funding, including writing a new bill that would allow this money to come from Senate reserves. Currently, according to Francisco, the true status of the Senate reserves budget is not a quarter of the way spent, but spending so far has accounted for 15 percent of the budget, which is on track with other years.


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