Mission
The Budget Committee advises the Vice President and Treasurer in the construction of the annual budget and in the development of a longer-term financial plan. As a subcommittee of College Council, it will conduct hearings and make recommendations to the Council throughout the process of construction of the budget. The committee will make the final budgetary recommendation to the College Council. Once approved by College Council, the Finance and Planning committee of the Board of Trustees recommends the budget to the full board for approval.
Membership
Faculty: Two faculty members serve on this committee. They are elected by the faculty and will serve a two-year term. One faculty member must be tenured when elected and one must be untenured when elected. The tenured member will also serve on College Council as the Budget Committee representative.
Staff: Eight staff members currently serve on the committee, six of whom serve in an ex officio capacity. They include an Associate Dean of the College, the Budget Director (also serves in a non-voting role), Comptroller, Dean of the College, Assistant Vice President of Institutional Research and Assessment, and the Vice President and Treasurer. One non-exempt member is elected by the Staff at Carleton and one exempt member is elected by The Forum to serve a two-year term. Each term is renewable one time.
Students: Two students serve this committee at the direction of the Carleton Student Association (CSA). The CSA Vice-President serves in an ex officio capacity. A senate liaison is appointed each spring to serve during the upcoming academic year. The liaison will also serve on College Council as the Budget Committee representative.
Committee Work
This committee meets every couple of weeks during the academic year. Meeting minutes are published following each meeting. Meeting agendas are determined by the Dean of the College and the Vice President and Treasurer. The committee reports its work to College Council.
Key Priorities
During the academic year, the committee focused on the following priorities:
- The future budget
- Long-range budget planning