This committee exists for informational and advisory purposes only. While recognizing that the responsibility for the budgetary and planning process rests with the chancellor and administration, this committee will assist in these areas by reviewing proposed plans that have an impact on the academic mission of the University, such as revenues and revenue projections, budgets and budget projections, and the relationship of academic and capital planning to finance and budget matters.
The committee shall work with the Vice Chancellor for Finance and Administration to review existing university reports, to make suggestions for changes to reports, and to provide input into developing reports that would be of greater interest to faculty or easier to understand. The committee shall report to the Faculty Senate concerning the UALR balance sheet and shall endeavor to produce other reports to show the use of funds on by the university and changes in the Annual Budget Book. In reporting on the UALR Balance Sheet the committee shall include such information as the amount of reserve funds and the total endowment. From the committee, a few faculty representatives shall attend the University level budget hearings and all academic budget hearings at or above the college level.
The committee may make recommendations to the Faculty Senate, which may make recommendations to the chancellor. In circumstances where time does not allow deliberation and action by the Faculty Senate, the committee may make its recommendations directly to the chancellor, providing a copy (or report of oral recommendations) to each member of the Faculty Senate. To further facilitate significant involvement of the committee with the above processes, the committee shall select three of its faculty members to be on a subcommittee, which shall be available throughout the year for planning and finance matters. The subcommittee shall report to the committee.
The committee shall consist of one member from the Ottenheimer Library faculty, two full-time faculty members (one of whom must be a member of the Faculty Senate at the time of appointment) from each college or school represented in the Faculty Senate to be named by the Committee on Committees, the Executive Committee of the Faculty Senate, the administrator responsible for budgeting and planning, the vice chancellor for finance and administration, and the vice chancellor for university advancement as ex-officio members of the committee. In addition, two students appointed by the Student Government Association shall serve as members. Faculty members shall serve two-year staggered terms, and students shall serve one-year terms.
Membership AY 13-14
|College Represented||Term Ending 2014||Term Ending 2015|
|AHSS||Â Lisa Sherwin||Â Rosalie Cheatham|
|Business||Â Robert Oliva||Â Jim Nickels|
|Professional Studies||Â Mary Parker||Â Shannon Collier Tennison|
|Science||Â Janna Thompson||Â Joyce Scott|
|Education||Â Ray Ortega||Â Greg Barrett|
|Engineering||Â Yupo Chan||Â Nick Jovanovic|
|Law||Â Lyn Entrikin||Â Terri Beiner|
|Library||Â Ann Leibst|
|Student||Â Joe Gibeault||Â Ricardo Alvarez|
|VC for Finance and Administration||Â Bob Adams|
|Administrator for Budget and Planning||Â Sandra Robertson|
|VC for University Advancement||Â Joni Lee|
|President of Faculty Senate||Â Andrew Wright|
|Vice President of Faculty Senate||Â Joanne Matson|
|Secretary of Faculty Senate||Â Beth McMillan|
|Parliamentarian of Faculty Senate||Â Tom McMillan|
|Counsel of Faculty Senate||Â Judith Faust|
|Past Past Past President of Faculty Senate||Â Richard Ford|