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Monday, January, 03, 2011

UVA President's Faculty Budget Advisory Committee

UVA president Teresa Sullivan has an advisory group that many consider unusual for a university campus, but which sounds remarkably SCUP-like. Its existence and its functioning is, we hope, being studied so that other institutions can learn whether this kind of group is beneficial, and in what ways.

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The 13-member crew, whose membership is weighted toward those with some business or finance acumen, is charged to serve as an informal advisory group to Teresa A. Sullivan, the university’s recently minted president. But Sullivan says the committee is also designed to bring transparency to the institution’s often-mystifying budgeting process, connecting the university’s administrators with a diverse pool of faculty.

“It seemed to me a shame these two groups of smart people hadn’t sat down with each other before,” she says.

Unlike a standard faculty budget task force, the advisory committee isn’t necessarily engaged with a particular issue, such as where the university should cut or invest. Instead, it is grappling with more fundamental high-level questions, such as whether the university operates with sufficient liquidity – or cash on hand – to pay its bills should there be another huge economic plummet.

Another point of distinction for the budget committee is its make-up. Like most university-wide committees, the group includes professors across a range of disciplines. At the same time, Sullivan clearly sought a number of faculty with business orientations, and committee members were charged to "draw on on their own expertise in financial matters to provide advice."

While Sullivan says she wasn’t looking for a brain trust to tap for input on specific policy questions, she notes that she won’t “rule out the idea that as we make budgetary decisions I will consult this group.”

Moreover, Sullivan may well be inclined to turn to this committee for ideas, rather than using outside groups that offer such services for a fee, sometimes inviting faculty criticism. "President Sullivan said that she would certainly go to this internal group for advice before resorting to the outside as a general matter," Carol Wood, a university spokeswoman, said in an e-mail. "Sometimes," she added, "there are issues of such technical complexity that you still need the right expert."

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