The winning House will be awarded the council's "House of the Month" prize, which brings with it a $100 stipend.
Money Talks
Advertisement
The $15,000 budget for this year's festivities is less than half of the $40,000 the council spent last year.
Most of the difference, council members say, can be attributed to Big Bad Voodoo Daddy's $15,000 price tag.
This year's largest single allocation was the $4,250 for amusements.
The soundstage and security for the concert made up the next largest costs.
Smaller expenses such as $621 for T-shirts, $300 for cotton candy and $275 to distribute free CD's of the student bands' music accounted for the remainder.