Board of Trustees
Approved: November 16, 2001
Section V. Administrative Affairs
Subsection: A. Budget and Appropriations Process
-
Budget Requests
The President, after consultation with appropriate officers of
the University,
shall establish guidelines and procedures for preparation of
operating
and capital budget requests including proposed salary
increases, for
the University. The President shall review and make
recommendations
concerning the requests and submit them to the Board for
approval. The
President shall submit budget requests approved by the Board
to the
Board of Higher Education and shall take such actions on the
Board's
behalf as are necessary and appropriate during the Board of
Higher Education
budget review process.
-
Appropriations Requests
The President, after consultation with the Vice Presidents and
other
university officers, shall prepare the Board's requests for
operating
and capital appropriations for the University. The President
shall submit
the initial requests for operating and capital appropriations
to the
Board for approval prior to their introduction in the General
Assembly.
The President shall introduce appropriation requests approved
by the
Board in the appropriate house of the General Assembly and
shall take
such actions on the Board's behalf as are necessary and
appropriate
during the appropriations process.
-
Financial Plans and Reports
- The President, after consultation with the Vice
Presidents and other University officers, shall establish
guidelines
and procedures for the preparation of annual departmental
budget
allocations for appropriated and non-appropriated funds by
the University.
The President shall review and make recommendations
concerning the
departmental budget allocations and submit them to the
Board as
an information item.
- The President, after consultation with the Vice
Presidents and other University officers, shall establish
guidelines
and procedures for the preparation of financial reports
for the
Board.
- The President shall present an annual report
to the Board on employee salaries.
-
Line Item Transfers
The President, subject to the provisions of state law, may
approve appropriation
line item transfer requests for the University. At each
regular meeting
of the Board, the President shall present a report on
appropriation
line item transfers approved since the preceding regular Board
meeting.
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