The University Budget Advisory Committee (UBAC) will:
- Maintain a comprehensive understanding and appreciation of the macro resource issues and economic and regulatory trends that impact and inform the University’s financial sustainability.
- Collaborate and forge linkages with the University Strategic Planning Group and other University leadership groups responsible for setting the institution’s strategic priorities.
- Review annual macro budgetary projection, and within the framework of the University’s strategic goals, make recommendations and provide advice to senior leadership about operating and capital budget priorities.
- Facilitate communication of the University’s operating and capital budgets in a transparent, informative and participative manner to the University community.