UBAC - University Budget Advisory Committee

What is the University Budget Advisory Committee?

The University Budget Advisory Committee (UBAC) is appointed by the President of the University to advise and consult with the President on budgetary matters pertaining to the implementation of the institution's mission and priorities. It serves as the official group within the University having knowledge and information about University- wide budget planning, allocation, and management. It also discusses and establishes budgetary policies and procedures for fulfilling the university's priorities, advises and consults with the President on the annual budget allocations for the major divisions of the University presided over by the vice presidents and reviews expenditures in relation to allocations for the divisions, and advises and consults on budgetary amendments and reserve allocations affecting major divisions.

The UBAC meets five (5) times per fiscal year with the first meeting being held in December. Members of the UBAC include the President, Provost, Dean of the Faculties, Vice-President for Academic Affairs, Vice-President for Finance & Administration, Vice-President for Student Affairs, Vice-President for Research, Vice-President for University Relations, President of the Faculty Senate, Chairperson of the Faculty Senate Budget Advisory Committee and four faculty members appointed by the President.