Budget and Planning Committee
Charges
Mandate from Policy B2.0
The Resource Allocation and Budget Committee shall be the faculty committee on all matters pertaining to university budget and finances. It shall also submit to the Faculty 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 University Council. The committee shall serve as liaison for the Senate with the vice president for Finance and Administration and with other appropriate administrators and administrative policy bodies of the university. The committee shall consist of one tenured faculty member per college, each elected by their collegial faculty; three tenured faculty members at-large elected by the Faculty Senate; and the vice president for Finance and Administration or their delegate (ex-officio, voting).
Charges for AY 2025
Carryover Charge
1. Compare and report on how RIT’s benchmark universities have historically (taking a 5–10-year timeframe) allocated their budgets for Academic Affairs.
New Charges
1. Consider the question of debt being incurred by RIT.
2. Investigate the feasibility of ITS developing a Teaching Computing resource parallel to Research Computing to support computationally intensive teaching needs and faculty education on related cutting-edge technology developments such as AI.
3. Over the last several years, RIT has enacted many cost-savings activities, including the enactment of the Xerox contract, RGH Alliance, Health Plan, preferred vendor channels, contractual agreements with Oracle, desire2learn, etc. Initiate a means by which these efforts can be investigated to determine whether we got a reasonable RoI on such actions.
4. Investigate options for expanding the capabilities of Margaret House. This can include, but is not limited to: cost controls, subsidies, expanded hours, and administrative control.
