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Academic Senate

Resource Allocation and Budget Committee's Charges


Home » Standing Committees » Resource Allocation and Budget

The Resource Allocation and Budget Committee shall be the faculty committee in all matters pertaining to university budget and finances. It shall also submit to the Academic Senate for review and approval academic priorities related to external academic funding. The Committee shall be responsible for presenting an analysis of the budget and other financial matters to the Senate for its review, and the Executive Committee shall forward that review in writing, as adopted by the Senate, to the President and to the Institute Council. The Committee shall serve as liaison for the Senate with the Vice President of Finance and Administration and with other appropriate administrators and administrative policy bodies of the university. The Committee shall consist of eight tenured faculty members, each elected by his or her collegial faculty, one member of the educational development faculty elected by that group, three members at large elected by the Academic Senate, and the Vice President of Finance and Administration or his or her delegate (ex officio, voting).

  1. Evaluate the salary of administrators at RIT, especially in lieu of what faculty are earning. Is the balance in line with national trends? Is the balance rather skewed one way or the other? Further, given the perception of administrative bloat nationally evaluate the total budget allocation for administrative function and the total budget allocation to teaching, and how this has changed over time.

  2. Ask the benefits Advisory Committee to report on the recent changes in employee benefits as they relate to “co-pays.” Is it the intention to use co-pays to push employees to the RGHS, and is there an agreement between RIT and RGHS to try to use market mechanisms to convince employees to use the RGHS as opposed to any other systems.

  3. Explore the issue of RIT’s faculty salary benchmarking process through the Human Resources Department. Issues to be addressed include: why is the 50th percentile the stated goal for faculty salaries? What is the reality of faculty salaries actually achieving even the 50th percentile? Is there a rubric by which salaries are being brought up to benchmark? Are there instances in which it would be acceptable for faculty salaries to remain below benchmark?

  4. Evaluate and report to Academic Senate on the resource component of the Strategic Plan as it is released to the campus community.

  5. To examine any and all monetary amounts in RIT policies for faculty and staff pertaining to promotions, prizes, awards, recognition, etc. and develop a strategy so that these amounts are: 1) updated for 2014, and 2) indexed with inflation from this point forward.