Chair: Buzz Scherr
The Finance and Administration Committee will concern itself with the financial affairs of the University, including establishing priorities and allocating funds within the budget.
The chair of this committee or the chair’s designee should attend meetings as an observer to the Financial Affairs Committee of the Board of Trustees and also the Board of Trustees’ Finance Committee for Investments. The chair or designee should attend meetings as a member of the Central Budget Committee.
Reports and motions need to be forwarded electronically to the Agenda Committee for review and placement on the agenda, which will be sent to Senators on the Thursday or Friday before the Senate meeting. Every effort will be made to include reports and motions as electronic back-ups for each Faculty Senate meeting so that Senators have access to the material ahead of time and can be prepared to deliberate on the materials. The Committee’s assistance with preparing and submitting the documents to assist the Senate is greatly appreciated.
Vice President for Finance and Administration
Finance and Administration Committee
1. Continue to ask the administration to provide “timely and complete budgetary proposals for new academic initiatives and opportunities” (Motion # XVI-M17). Either the chair of designated member of the committee should serve on the Budget Advisory Committee and report back to the Faculty Senate.
2. The percentage of tuition dollars allocated to Central Administration was increased from 26.5% to 30.5% to address a deficit that Central Administration incurred when state appropriations were decreased. The VP of Finance and Administration reported that once the deficit in Central Administration is paid down, the 30.5% rate will be reevaluated. Continue to monitor the status of this debt and the percentage of tuition going to Central Administration and report to full senate.
Charges for Academic Year 2018-19
3. Gather information about college-level timelines and processes of budget construction, as well as faculty contributions to the process. Produce a report with recommendations of “best practices” to ensure faculty input on budget decisions that impact academic programs. Year-long study.
4. Monitor and report to the Senate on the past Capital campaign, specifically how that money is being used, and provide updates of any new initiatives in the area of fundraising. Ask Debbie Dutton, VP of Advancement, to meet with committee in the late fall or early spring.
5. In light of the continued financial challenges facing UNH and the financial scrutiny faced by academic units on campus, analyze and report on the measures taken to control and reduce costs in non-academic units.
6. Work with the Vice President of Finance and Administration, Chris Clement, to identify UNH-specific reasons for increases in tuition and compare it to national trends. In particular, review the rise in administrative positions, especially in new areas of focus, such as student-support staff. If appropriate, make recommendations based on this data.
7. Request from the Dean of COLSA, Jon Wraith, and Interim Provost Wayne Jones an accounting of the financial cost and benefits of reducing the scope of TSAS, with supporting documentation.
8. Identify and list the outside contracts made to meta-educational companies, both single-use and ongoing contracts, and calculate the amount that UNH pays to outside consultants each year for the last 5 years. Provide details about the purpose these consultations served and whether there are in-house organizations and professionals who could have accomplished the work of an outside consultant for less money. Explore the possibility of creating a policy that mandates seeking faculty with the required expertise before contracting with an outside entity.
9. Enrollment Management: report on the budget expenditures from this office and, if possible, assess the return on investment.
The charges from the Agenda Committee shall comprise the major and first-order work of the Finance and Administration Committee. However, the Committee may pursue additional issues in pursuit of its mission, stated above. If the additional issue interferes with the timelines stated in the charges above, the Committee must receive permission from the Agenda Committee before proceeding. If the additional interest does not interfere with the established timelines, the Committee must inform the Agenda Committee.
Finance and Administration Committee Membership 2018-19
- Buzz Scherr, School of Law, chair
- Tama Andrews, Political Science, COLA
- Adele Marone, Molecular, Cellular, & Biomedical Science, COLSA
- Michael Gass, Kinesiology, CHHS
- Phillipe Hatcher, Computer Science, CEPS
- William Knowles, Accounting & Finance, PCBE
- John LaCourse, Electrical & Computer Engineering, CEPS
- Stephan Shipe, Accounting & Finance, PCBE