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 SenEx.
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.
4. Work with the Governance Office and the CFO’s staff to host an open forum with the CFO in the Fall semester.

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. Monitor the progress and provide resources as needed for the Gateway ad hoc committee.

Meeting Minutes—