The Budget Committee serves to advise Senate and its committees on the budgetary implications of matters Senates considers, including proposals for new educational, research, or other programs or initiatives.
It further advises the President and Vice-Presidents on academic budgetary priorities; major capital plans; the allocation of funds; the development of budgetary policies, guidelines, processes and models; and the development of consultation and communication strategies related to budgetary matters.
Finally, it presents the annual University budget to Senate.