Charge — The University Budget Advisory Committee performs the following functions:
Advises the President through the University Strategic Goals and Priorities Committee regarding the allocation of resources to achieve the strategic goals and initiatives identified during the strategic planning process.
Organizes and holds open hearings to review the relationships among division budget requests, the university’s strategic priorities and the President’s annual goals and/or priorities.
Reviews the results of the mid-year budget review in the context of the university’s strategic goals and initiatives.
Reports to the President through the Strategic Planning Committee structure the degree to which funding has been used for the purposes to which it was allocated.
Develops a format and structure for the President to use (a) to report the university’s final budget allocations to the university community and (b) to present a summary of university expenditures after the close of the fiscal year. Reviews and recommends such reports to the President through the Strategic Planning Committee structure prior to distribution to the university community.
Membership — Committee membership includes the following:
Provost and Vice President for Academic Affairs (co-chair)
Vice President for Business and Finance (co-chair)
Two Faculty Representatives with 3-year staggered terms
Four division representatives with 3-year staggered terms to be recommended by the respective vice president --One Academic Dean Representative --One Business and Finance Representatives --One Development & University Relations Representative --One Student Affairs Representative
One student, serving a 2- or 3-year term.
One Labor Council Representative
One Alternate Labor Council Representative with proxy rights
One CFA Representative
Non-Voting Staff Support
Staff support to the committee: --Each Division Budget Analyst --Assistant Vice President for Financial Services --Budget Director