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.

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