University Budget Committee

Scope of Responsibilities:

The University Budget Committee (UBC) is an advisory group consisting of faculty, classified staff, exempt staff, students and administrators.  Members of the UBC a share a commitment to transparency in fiscal decision-making and serve to inform the university community about operating budget matters.

This body is advisory to the President and all members shall be appointed by the President based on recommendations from appropriate constituencies. The UBC shall facilitate communication regarding the operating budget in a transparent and informative manner with the university community. The UBC shall seek input from the university community about general operating budget matters as a means to inform priority funding recommendations. The UBC shall review current year forecasts of the operating budget and cash flow throughout the year and longer-range projections at least annually. The UBC shall work with the President to establish priority funding recommendations based on the university’s strategic plan.

The Budget committee will review the proposed operating budget. In time of operating budget reversions, the committee will review budget reduction plans.
In addition, the committee will participate in the development of the University funding initiatives which are submitted biennially to Olympia.

There is an expectation that UBC members represent the best interests of the University, not advocate for individual units. Committee members are asked to commit to active and engaged participation in the committee’s work. The committee will be chaired by the VP for Business and Finance, or designee, who will have no voting rights. The Budget office will staff the committee and maintain minutes and official records of actions. The Budget Committee will meet once monthly throughout the year.