Finance and Facilities Committee
The Board of Directors may establish such standing committees as it believes appropriate. The Chairperson may also designate Board Members to serve as liaisons or representatives to standing committees.
The Finance and Facilities Committee, in addition to operating in accordance with the Emphasis, Membership, and Procedures above, shall:
- Serve as a reviewing panel for any Policies related to Finance and Facilities, including regularly scheduled review of the Section on Fiscal Management (Section 3).
- Research and review fee structures and tuition policies internationally to remain in line with current trends as well as to act responsibly to our own parent population.
- Review Fiscal Policy and financial and facilities planning in light of Strategic Planning and Schoolwide Goals.
- Recommend changes in fee structure and facilities to the Board.
- Act as a monitoring and editorial group with regard to creating and maintaining a long term financial and facilities plan.
- Monitor and review the yearly budget cycle, including creation of the following year’s budget and the Revised Annual Budget.
- Monitor and review the Administration’s monthly budget reporting and procedures.
- Act as a monitor in the transfer of funds between budget categories as stated in Policy 3.130.
- Refer any decisions or respective questions regarding proposals or changes in Policy to the Policy Committee for review.
- Report all of the above to the full Board.
Finance and Facilities Committee Members 2011-2012