Resource Allocation and Budget Committee's Charges
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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).
Gary Skuse, Chair
- Review the cost-containment proposal when forwarded by the President. Report findings and recommendations to the Senate as soon as possible.
- Review the Institute’s faculty (tenured/tenure-track faculty, lecturers, and adjunct faculty) benchmarking compensation plans and current progress.
- Review the Institute¹s plans, and associated funding and allocation models, for establishing and operating the Innovation Learning Institute.
- Assess our progress towards ensuring that PhD programs, current and planned, are financially self-sustaining.
- Assess our needs and recommend a plan for improving the library holdings and for increasing our standing among peer schools.
- Review how operating costs for new buildings are determined and incorporated in the annual budget process.
- Review policies and procedures regarding the redistribution of research overhead.