Fiscal Years 2018 and 2019 (May 1, 2017–April 30, 2019)
The University Budget Committee was convened in a September 14, 2016 memorandum from President Kerwin and is charged with developing budget proposals for the next cycle of resource allocation. Provost Scott Bass and CFO, Vice President and Treasurer Doug Kudravetz conducted the initial meeting of the committee on September 23, 2016 in President Kerwin’s office.
The work of the University Budget Committee has several important aspects and deadlines. It is charged with development of budget formulation criteria for the president’s review and approval prior to his submission of them to the Board of Trustees at the November 2016 meeting. The proposed criteria must be submitted to the president no later than November 4, 2016. Following the actions of the board on the formulation criteria, the committee will develop detailed budget proposals for the president’s review and approval and then consideration by the board at the March 2017 meeting. The tentative deadline to submit the proposed two-year budget to the president is February 10, 2017.
As in the past, the new budget that the committee will propose will be guided by the university’s strategic plan. At the September 2016 meeting of the board, the president provided a report to the trustees on progress to to date on the objectives set for years seven and eight under the plan. Shortly thereafter, the community will engage in a university-wide process to define our objectives under the plan for the next two years. Careful coordination is needed to ensure that the committee has the guidance it needs to establish both formulation criteria and detailed budgets that are fully informed by the strategic plan. The president's September 23, 2016 meeting with the committee included discussion about how this can be best accomplished. The president will also remind the broader community that it is imperative they participate actively in this next phase of planning to assist in the development of a responsive and responsible budget for the university.
As is AU’s practice, wide consultation and the free flow of pertinent information will characterize the work of the committee. The committee will collect information on priorities and requirements from all campus constituencies using various forms of outreach, including town hall meetings. The university’s performance is examined, measured, and documented in a variety of ways. The results of these analyses will be available for the committee’s review. Comparative information from peer and competitor institutions will also be part of the deliberations.
The University Budget for Fiscal Years 2016 and 2017 and the most recent Annual Reports are available on the Office of Finance website.
Scott Bass, Provost
Doug Kudravetz, CFO, Vice President and Treasurer
Prajakta Diwan, Vice President of Finance, Graduate Leadership Council
John Douglass, Member, Committee on Academic Budget and Benefits, Faculty Senate; Associate Professor, SOC
Gail Hanson, Vice President, Campus Life
Olivia Ivey, Chair, Committee on Academic Budget and Benefits, Faculty Senate; Assistant Librarian, University Library
Khalid Khalid, Associate Dean, Finance & Administration, Washington College of Law
Shannon McDermott, Comptroller, Student Government
Beth Muha, Assistant Vice President, Human Resources
Candice Nelson, Professor of Government, School of Public Affairs
Adrian Sanchez, Chair, Staff Council; Systems Coordinator, Career Center
Stacey Snelling, Member, Committee on Academic Budget and Benefits, Faculty Senate; Department Chair, Health Studies, College of Arts and Sciences
Nana An, Assistant Vice President of University Budget and Finance Resource Center
Vi Ettle, Vice Provost for Academic Administration
Karen Froslid Jones, Assistant Provost, Office of Institutional Research & Assessment
The fiscal year 2016-2017 budget carefully balances the most important needs of AU's constituents with sound financial management, and maintains momentum for the strategic priorities of the institution.
The 2014-2015 annual report, "American Innovation," provides an overview of the past year at AU, including updates on the campus plan, financial statements, and insights on action-oriented research and the infrastructure that supports innovation and ensures success.