View Bill 21-22-05

Senate Bill 21-22-05

Bill ID: 21-22-05
Name: Revision to the Senate Bylaws to Extend the Term of the Special Committee on University Finance (SCUF)
Proposed: 08/17/2021
Sponsor: Rochelle Newman, Chair-Elect
Proposal: The Special Committee on University Finance (SCUF) was created in April 2019 as a special committee to serve a 3-year pilot period. The intention of establishing the committee as a pilot was to allow it to exist during the transition between the outgoing and incoming University Presidents and to provide time to consider how to codify the committee.

While SCUF has made significant progress in its first two years, the pandemic, changes to the financial administrative structures at the University, including the development of a new budgeting process and the creation of the Budget Advisory Committee (BAC), as well the creation of the new Vice President for Finance and Chief Financial Officer position, have made it challenging for the committee to develop a long-term vision and determination how it can support the President’s vision for the financial structures at the University.

Given the disruptions of the pandemic and the transitions at the University, an additional year is needed to access how SCUF fits into the new financial structures and how it can best serve the needs of the Senate and the administration. Therefore, the Senate leadership developed a proposal to revise the Bylaws to extend the pilot period for SCUF and to allow current committee members to extend their terms through the proposed end date for the committee.
Active?Yes

Status

Status: Completed
Completed On: 09/10/2021

History

Approval(s):
Presidential Approval: 09/10/2021


Reviewed By: Senate
Received: 09/03/2021
Decision Date: 09/08/2021
Decision: The Senate voted to approve the proposed changes to the Bylaws.
Next Step: Presidential Approval
Related Files:


Reviewed By: Senate Executive Committee (SEC)
Received: 08/19/2021
Decision Date: 08/26/2021
Decision: The SEC voted to place the proposal on the agenda of the September 8, 2021 Senate meeting for consideration.
Next Step: Senate Review
Related Files: