Budget & Planning and BPC Reimagined Ad Hoc Committees

Budget & Planning Committee Charge: Updated Spring 2025

The committee shall maintain a broad focus on education, faculty direction, and on conveying information and ideas from faculty to the Administration in areas such as budget and finance, academic resource management, faculty compensation, space use (in particular academic buildings and research infrastructure), graduate student support, as well as reviewing special academic programs that require budget allocation and are considered beneficial to the campus by the BFA. The BPC shall also regularly query and educate faculty on committee practices and needs, providing best practices and advice for faculty concerns as they relate to budget, finance, and resources. Additionally, the committee shall focus on the following items during the listed timelines at a minimum and more frequently as deemed appropriate by the committee:Ìý

  • Review the Campus Budget model every 5 years or on the campus timeline and provide feedback to the Administration.
  • Focus on the use of General Funds and reserves for items important to faculty.
  • Review the Campus Supplementary Fund allocation model every 3 years and provide faculty feedback to the Administration.
  • Review campus budget projections each Spring semester, Census, and True-up Fall semester. At the start of each academic year, the committee shall outline the planned committee work based on the above to the BFA Chair/Officers and the Executive Committee and schedule updates for both groups on this work. The BFA Chair/Officers may also assign additional relevant issues based on current campus issues that arise. The BFA Chair/Officers shall ensure the BPC Chair is a member of ARMAC and provides the BFA with updates on ARMAC decisions once a semester

As part of long-term efforts by the committee, BPC shall:

  • Address faculty concerns about the Administration's responsiveness to faculty governance input on budget issues
  • Seek a more determinative role for faculty in some budget decisions
  • Improve the committee's focus, preparation, and effectiveness on key areas.

Membership

The committee shall consist of a minimum of five and maximum of eight faculty senate members. At least two members shall be BFA representatives. Seats are for one 3-year term. Membership shall be inclusive of all colleges/schools and ranks in order to represent a campus-wide perspective. It is preferred that members have experience in one or more of the following areas on campus:Ìý

  • Large grant management (e.g. sciences) or small grant management (e.g. humanities, social sciences)
  • Budget management within a unit, college, or school, or lab • Have served on a unit’s salary committee
  • Have served as a center director, department chair or a former dean
  • Research in financial economics, business law, organizational/business ethics, or human resource management Additionally, the committee shall maintain non-voting administration liaison members from the campus' Budget & Fiscal Planning office and from Academic Resource Management under Academic Affairs. The committee may choose additional members, subject to approval by the Executive Committee, to ensure sufficient and diverse membership to address specific issues and concerns as they arise. There shall be nonvoting seats for campus faculty council budget committee chairs (such as the ASFS budget committee) and a Boulder member of the CU Faculty Council Budget & Finance committee. Member duties and responsibilities:
  • Must be willing to undergo yearly training on the campus budget and planning
  • Take part in a one-hour training on the Budget model, upcoming changes, and academic resource planning at the start of the academic year.

BPC will meet Fridays 1-2pm every other week for Spring 26.Ìý

To be announced

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Budget & Planning Committee RosterÌý