I.
FUNCTION
-
Develop a transparent budget
analysis process that makes budget information easily
accessible to the University community and enables faculty monitoring of
decisions regarding the allocation of funds.
-
Establish a
system to review the University budget and external audit, and to communicate
the
committee’s findings to the Faculty Senate, as well as the larger university
community, as necessary.
-
Make budgetary recommendations to the
Faculty Senate, and other governance bodies as appropriate based on current, accurate, and readily
available data.
-
Meet regularly with the Vice President of Finance and Administration, the
Provost, the Internal Auditor, and other relevant parties as needed.
-
Maintain
regular contact with staff groups, including the Professional
Staff Council, the Support Staff Council, and the Bargaining Unit.
-
Conduct
ongoing dialogue with budget managers from across campus.
II. POSITION IN THE ORGANIZATIONAL
STRUCTURE
Reports to the Faculty Senate.
III. MEMBERSHIP
A. Composition (5 members)
1. One faculty member from each
college and L/AE
B. Selection
1. Faculty to be appointed by the FS
Committee on Committees.
C. Selection of Chair
The committee will choose a chair from
its members.
D. Term of Service
Staggered 3 year terms with two term
limit
IV. COMMENTS
The
Committee will receive a copy of the annual external audit and the
budget book. This committee has
three year term dates Created 11/05/2009;
REV 4/2011; REV 12/2011 |
