University Executive Committee – Budget Working Group

Terms of reference

  • Review and endorse key budgetary assumptions and budget parameters.
  • Ensure Budget +2years meets financial sustainability targets including TEC risk ratios.
  • Ensure alignment of the resources of the University through the Budget+2 years to the long-term Taumata Teitei strategic objectives, including sustainability. 
  •  Ensure transparency and alignment across Faculties and Operations, including consultation with Provost, Deans, and Directors Committee (PDDC) and Professional Services Leadership Team (PSLT).
  • Ratify or approve Summarised Functional budgets (drivers, affordability, benchmarking).
  • Facilitate and support strategic forward planning and investment.
  • Ratify a register of operational costs increases and committed benefit driven efficiencies/reductions as a result of business cases or change requests that have gone through their own governance process (covered by the revised business case process (Delegated Financial Authority - DFA) - outputs from governance boards.
  • Recommend endorsement of the University draft budget to the University Executive Committee (UEC) and the Vice-Chancellor  prior to submission to Finance Committee and Council for approval.

Membership

  • Chief Financial Officer – Chair
  • Provost
  • Deputy Vice-Chancellor Operations
  • Deputy Vice-Chancellor Research
  • Deputy Vice-Chancellor Strategic Engagement
  • Director of Planning & Information
  • Head of Financial Planning & Analysis
  • Financial Analytics & Planning Manager

Optional or occasional members:

  • Director of Human Resources, Pro Vice-Chancellors

Attendees as may be required to support agenda:

  • Finance Leadership Team, senior finance business partners, directors of faculty finance
  • Deans, large-scale research institute directors, service division directors

 

Committee members and term of office

Chief Financial Officer - Chair Holds office until
Mr T Bluett  Ex-officio
Provost
Holds office until
Professor V Linton
Ex-officio
Deputy Vice-Chancellor Operations
Holds office until
Mrs A Cleland                                                           
Ex-officio
Deputy Vice-Chancellor Research
Holds office until
Professor F Bloomfield
Ex-officio
Deputy Vice Chancellor Strategic Engagement
Holds office until 
Dr E Lithander
Ex-officio
Director of Planning & Information
Holds office until
Ms P Moss  Ex-officio
Head of Financial Planning & Analysis
Holds office until
Ms H Cattanach  Ex-officio
Financial Analytics & Planning Manager
Holds office until
Mr R Taylor  Ex-officio

Optional or occasional members:

  • Director of Human Resources, Pro Vice-Chancellors

Attendees as may be required to support agenda:

  • Finance Leadership Team, senior finance business partners, faculty finance directors
  • Deans, large-scale research institute directors, services division directors

Schedule of meetings

Date
Time
TBA
 

Committee secretary

Mrs J Metcalf
Extn: 82441