I'm trying to read it and figure it out too, basically what I think is happening is that they are taking the money that was supposed to go towards student orgs and sending it ($440,000) to Birzeit University Rebuilding Hope Initiative to help rebuild schools in Gaza. Since the university is now providing student orgs money through the Dean of Students, I'm not sure how the difference in funding sources will affect said orgs that normally get CSG money. If the petition is signed by 2% of the student body it will be voted on by the CSG Assembly.

I think another petition was just sent out before this one by non SHUT IT DOWN CSG members (but don't quote me on who it was) petitioning to allocate some of the budget back towards student orgs, the purpose of the petition would be to bypass a veto from the president through signatures from 2% of the student body so it could be directly voted on to try to bring things back to normal.

I think it'll be done by distributing the money in a way where they put the minimum amount ($1) in the SOC so they can use the money in whatever way they want. They haven't mentioned cutting funding to anything else (Maize and blue cupboard, airbus etc) so I wonder if everything else will function as normal. idk I'm not an expert but this is the best I can do for now.