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.