University Executive Committee – Budget Working Group

• Review and endorse key budgetary assumptions and budget parameters.
• Ensure Budget +2 years 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.
  

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

Ex-officio members

Optional or occasional members

K Ready

Email: kathy.ready@auckland.ac.nz