Senators voted to approve the $569,602 academic budget for the 2009-2010, which will be dealt out to UF's 24 different college councils.
They presented, but did not vote on, the $582,513 organizational budget that funds 87 UF student groups.
Senate will vote on that budget in a special meeting on Wednesday.
The academic budget was approved following a special Senate meeting on Monday to discuss amendments. At Monday's meeting, senators voted to take $7,613 from the special events co-sponsorship budget line in order to cover a deficit that came from 22 extra student organizations that joined SG's budget cycle this year.
The majority of senators also voted against an amendment that would have, if passed, removed $22,499 from the co-sponsorship budget line.
Under the proposal, the money would be given to Senate's Budget and Allocations Committee to help fund student organizations.
Orange and Blue Party Sen. Jonathan Ossip said this money would be better used to fund student organizations, which are the backbone of UF.
But not all senators felt the same way.
"SGP and Accent are two of most prestigious organizations on campus," said Gator Party Sen. Thomas Hilton. "They put on a bunch of shows and need their entire budget."
Senators also added Gators for a Sustainable Campus back onto the budget cycle in Monday's meeting. Later in the meeting, senators unanimously passed a resolution condemning acts of antisemitism. The resolution was written after a swastika was spray-painted on the side of Alpha Epsilon Pi, a traditionally Jewish fraternity.
A five-page minority report was also submitted at Tuesday's meeting by the Orange and Blue Party that discussed problems the party had with the budget committee.
Sen. Alden Gillespy, who submitted the report, wrote that there were procedural issues when giving notice for hearings and inconsistent policy within the meetings.
