Members—

Charges—

Standing Charges

1. Participate in the University’s planning processes by communicating with the Provost, the CFO, and the Provost’s senior staff on matters of capital strategic planning, infrastructure, IT resources, and sustainability, and examine how current financial circumstances (the health of the state economy, current university indebtedness, school-specific fees and charges, etc.) will influence such projects. Report issues and any recommendations for action to Sen Ex.
2. Host meeting with the Provost, the CFO, and the Provost’s senior staff to review planning reports and budgetary submissions made by the various units. (Request budgetary submissions earlier and in more detail to ensure that a more detailed review can be incorporated into the committee’s operations.) Report issues and any recommendations to SenEx for consideration.
3. Monitor enrollment trends and changes in tuition plans and their potential effects on enrollment and revenue generation.

Specific Charges

1. Follow up on the implementation and analysis of the Budget model, focusing on transparency across the campus. Assess whether the revised budget model meets the outcomes that were projected.
   1. Consider adding a specific component to the budget model to formally recognize faculty research output (see FY2023 final report).
2. Continue monitoring the 11th and Mississippi project and begin monitoring the Crossing at KU.
   1. Follow up on the FY2023 P&R Committee’s recommendation to the University Senate regarding the 11th and Mississippi project. Ensure a broad planning committee is set up, with the goal of maximizing the project’s probability of success.
   2. Investigate the debt-ownership of both projects.
3. Ensure the open forum with the CFO happens early in the Fall 2023 semester.

Meeting Minutes—