University Budget Committee
Areas of Committee Concern
Within general parameters set by the President and the Board of Trustees, the committee develops a specific budget model for each upcoming fiscal year and submits the proposed budget for approval by the President and the Board of Trustees.
Membership
- Provost and Vice President for Academic Affairs (serves as chair)
- Vice President for Business, Finance and Technology
- Associate Vice President for Business and Finance
- University Bursar
- An Academic Dean - appointed by the President from one of the schools or the College of Arts & Sciences
- Two Post-Probationary Teaching Faculty Representatives - appointed by Academic Council through Academic Council's Committee on Committees process in consultation with the President and Provost. Representatives will serve five-year terms that overlap by two or three years. Representatives may be appointed to serve up to two consecutive terms.
Policies and Procedures and Responsibilities
- Receives general parameters from the President to guide the development of budget models
- Meets to develop possible budget models
- Conducts a university-wide budget forum to inform members of the community of possible budget models and to receive feedback from members of the community
- Meets again to further develop a possible budget model
- Conducts a second university-wide budget forum to inform members of the community of the anticipated budget model and to receive feedback from members of the community
- Meets to make any needed final changes to the budget model and votes to approve the final budget
- Submits the final budget model to the President for approval. Then, after approving, the President submits the final budget to the Board of Trustees for approval.