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FISCAL ADVISORY

The purpose of this committee shall be to review the University's fiscal resources and to make recommendations regarding the utilization of these fiscal resources to the President's Administrative Council. The committee shall focus its efforts on the following activities: 

• becoming knowledgeable about the internal and external mandates that affect the allocation of the University's fiscal resources; 
• examining the University's plans and priorities in making recommendation regarding current and on going initiatives; 
• reviewing and commenting on the University's operational budget; 
• advising or recommending the disbursement of supplemental and discretionary funds as they become available; 
• providing input in the development of reports for the University of Maryland System and for the Maryland Higher Education Commission on the University's fiscal allocation plans and actions; and 
• reviewing the University's annual expenditures and providing an annual report to the Salisbury University Forum that summarizes fiscal activity for the year in meeting the University's mandates and priorities. 

The committee shall consist of the Vice President of Business and Finance (ex-officio and non-voting); five faculty serving three-year terms, three staff serving three-year terms; and two students serving one-year terms. 

 

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