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
Committee secretary
Mrs J Metcalf
Extn: 82441