Finance & Administration Committee

Finance and Administration Committee 2022-2023

Mission

The Finance and Administration Committee will concern itself with the financial affairs of the University, including establishing priorities and allocating funds within the budget.

The chair of this committee or the chair¡¯s designee should attend meetings as an observer to the Financial Affairs Committee of the Board of Trustees and also the Board of Trustees Finance Committee for Investments.

Corresponding Administrators

1) Chief Financial Officer and 2) Vice President, University Advancement

Related Committees

• Observer to the Financial Affairs Committee of the BOT
• BOT Finance Committee for Investments.

(The chair or designee should attend meetings as a member of the Central Budget Committee (may not be active at this time.))

Members

Chair,?Roger Allen Ford, UNH Law
Marcy Ainslie, CHHS
John DeJoie, COLA
Rachel Burdin, COLA
Matt Lyon, CEPS
Matt Davis, CEPS (Jo Laird Proxy)
Stephen Pimpare, UNHM (Spring Proxy Bill Troy)

Standing Charges

• Obtain, analyze, and report to Senate on UNH and USNH revenue and expenditures and track performance against projections (at least twice annually at R+30); identify and report on changes over time.

• Monitor and report on tenure track vs. non-tenure track faculty positions, tenure-track vs. non-tenure-track credit hour generation, and the percentage of the UNH budget allocated to non-academic vs. academic units (via IPEDS and other data sources, as available). Identify and report on change over time.?
• Monitor and report on the status of Advancement fundraising efforts and change over time.

Other charges

1. Work with Human Resources leadership to monitor progress on issues raised by the 2022 Memorandum and establish ongoing practices of information sharing and consultation.
2. Continue to work with Provost¡¯s office to develop a roster of reports that will regularly be made available to the Committee.
3. Continue to work with the Chief Financial Officer¡¯s office to obtain relevant budget data and related information; continue to monitor and report on net effects of Huron and other USNH system consolidations; CERP; Covid; UNH Online; and UNH-GSC merger.
4. Monitor and report on substance and progress on the development of a new budget model and UNH budgeting process (the Chair or their designee should continue to serve as a member of that committee).
5. Consult with and advise Chief Marketing Officer (CMO) to ensure faculty concerns and goals are represented in new revenue and marketing strategies. [something about enrollment management]
6. Continue to report to the Senate after USNH Board of Trustees meetings, with particular attention to the Investment and Finance committees.

Finance and Administration Committee 2021-2022

Mission:?

The Finance and Administration Committee will concern itself with the financial affairs of the University, including establishing priorities and allocating funds within the budget.

The chair of this committee or the chair¡¯s designee should attend meetings as an observer to the Financial Affairs Committee of the Board of Trustees and also the Board of Trustees¡¯ Finance Committee for Investments.

Corresponding Administrators:?

1) Chief Financial Officer and 2) Vice President, University Advancement

Related Committees:? ?

Observer to the Financial Affairs Committee of the BOT,? BOT Finance Committee for Investments.

The chair or designee should attend meetings as a member of the Central Budget Committee (may not be active at this time.)

Reports and Presentations:

4/11/2022: 2021-2022?Final Report to Faculty Senate

Members:

Marcy Ainslie, CHHS
John DeJoie, COLA
Roger Ford, UNH Law
Roger Grinde, Paul College
Jeffrey Halpern, CEPS (Chair, Fall 2021)?(Spring Proxy Nan Yi, CEPS)
Bill Knowles, Paul College
Mark Lyon, CEPS?
Stephen Pimpare, UNH Manchester (Chair, Spring 2022)
Ruth Sample, COLA?

Charges 2021-2022

Standing Charges

1. Work with administration to obtain ¡°timely and complete budgetary proposals for new academic initiatives and opportunities¡±?(Motion # XVI-M17)??and provide information to the Faculty Senate through report.?

• ?Monitor how the percentage of tuition dollars that is allocated directly to Central Administration (approaching 30%) is being used and provide information to the Faculty Senate through report.?
  ?
• ?Monitor and report on the status of Advancement fundraising efforts and the association between Advancement efforts, academic programs, and student success.?

• ?Monitor and report on tenure track vs. non-tenure track positions, tenure-track vs. non-tenure track credit hour generation, and the percentage of the UNH budget going towards non-academic vs. academic units. Identify areas of significant change over the last 5 years.?(This data was provided to last year¡¯s FAC but not reported on ¨C Sharp has this data.)?

Other charges

1. ?Continue to work with Provost¡¯s office to develop a master list of reports that will regularly be made available to the Committee [see ¡°easy button¡± doc here:?https://unh.app.box.com/notes/790481623447?]?
2. Consult with and advise new Chief Marketing Officer (CMO) to ensure faculty concerns and goals are represented in new revenue strategies. Report to agenda committee and full Senate as appropriate.??
3. Continue to monitor the financial impacts of the Huron report implementation. Remain in communication with the CFO and?the?new?CMO. Report?any new developments, information, or anticipated impacts to the agenda committee in cases where such developments have not been discussed or communicated elsewhere.??
4. Report to the senate any relevant information after the Board of Trustees financial committee meetings?
5. Continue to monitor and report as necessary on the status of university funded travel, in light of both pandemic-related and other financial restraints. Determine whether clarification or changes are necessary in the university¡¯s definition of essential versus non-essential travel. Assess the relative impact of ongoing travel-related restrictions on various faculty groups including but not limited to pre-tenured faculty, research active faculty, and faculty in national leadership roles.?
6. To improve administrative communication and transparency, consider?preparing a motion urging the Provost¡¯s office to create and regularly?maintain a page on the UNH Website dedicated to university-wide committees.??This page could include the membership and mission of each committee, as?well as publicly available documents for each committee (links to examples?at other institutions are included below).? Follow up with the?Faculty?Senate office for information on the previous correspondence between Erin?Sharp (then 2020-21?Faculty Senate chair) and the provost office on this?proposal. ??Prepare a motion if appropriate.??

• https://www.uab.edu/provost/team/university-wide-committees
• https://www.committees.iastate.edu/
• https://committees.provost.ncsu.edu/university-standing-committees/
• https://provost.ucf.edu/committees/

Finance and Administration Committee 2020-2021

Mission:?

The Finance and Administration Committee will concern itself with the financial affairs of the University, including establishing priorities and allocating funds within the budget.

The chair of this committee or the chair¡¯s designee should attend meetings as an observer to the Financial Affairs Committee of the Board of Trustees and also the Board of Trustees¡¯ Finance Committee for Investments.

Corresponding Administrators:?

1) Chief Financial Officer and 2) Vice President, University Advancement

Related Committees:? ?

Observer to the Financial Affairs Committee of the BOT, BOT Finance Committee for Investments.

The chair or designee should attend meetings as a member of the Central Budget Committee (may not be active at this time.)

Members:?

Chair, Jeffrey Halpern, Chemical Engineering, CEPS
Kathrine Aydelott, Library
John DeJoie, Social Work, HHS
Roger Grinde, Decision Sciences, PAUL
William Knowles, Accounting and Finance, PAUL
Stephen Pimpare, UNH Manchester
Ruth Sample, Philosophy, COLA
Andrew Seal, Economics, PAUL
Wilfred Wollheim, Natural Resources and the Environment, COLSA?

Standing? Charges

1. Work with administration to obtain ¡°timely and complete budgetary proposals for new academic initiatives and opportunities¡±?(Motion # XVI-M17)?and provide information to the Faculty Senate through report.

? ? ? a. Monitor how the percentage of tuition dollars that is allocated directly to the Central Administration (approaching 30%) is being used and provide information to the Faculty Senate through report.

? ? ? ?b. Monitor and report on the status of Advancement fundraising efforts and the association between Advancement efforts, academic programs, and student success.

? ? ? ?c. Monitor and report on tenure track vs. non-tenure track positions, tenure-track vs. non-tenure track credit hour generation, and the percentage of the UNH budget going towards non-academic vs. academic units. Identify areas of significant change over the last 5 years.?(This data was provided to last year¡¯s FAC but not reported on ¨C Sharp has this data.)

COVID-related charges:

1. Monitor impacts of COVID-19 on UNH budget ¨C including state and federal support and unique costs related to global pandemic. This would include any planned program and service cuts.
2. Report to Senate on statistics related to the retirement incentives program for both staff and faculty and how the administration will monitor impacts of those retirements.

Other Charges?

1. Invite interim CFO to meet the Senate to discuss priorities, RCM review, the status of the Budget Advisory Committee, and status of the Huron Implementation.?
2. Monitor the financial impacts of the Huron report implementation.
3. Report to the senate any relevant information after the Board of Trustees financial committee meetings

Finance and Administration Committee 2019-2020

Mission:?

The Finance and Administration Committee will concern itself with the financial affairs of the University, including establishing priorities and allocating funds within the budget.

The chair of this committee or the chair¡¯s designee should attend meetings as an observer to the Financial Affairs Committee of the Board of Trustees and also the Board of Trustees¡¯ Finance Committee for Investments. The chair or designee should attend meetings as a member of the Central Budget Committee.

Members:?

Chair, William Knowles, Accounting & Finance?? PAUL
Tama Andrews, serving as a proxy for Chris Reardon, Political Science? COLA
John LaCourse,? Electrical Engineering? CEPS
Adele Marone, Molecular, Cellular & Biomed. Sci.? COLSA
Scott Ollinger,? Natural Resources & the Environment?? COLSA
Stephen Pimpare, UNH Manchester??????
Sterling Tomellini, Chemistry? CEPS

Corresponding Administrators:?

Vice President for Finance and Administration

Recurring Charges?

1. Work with administration to obtain ¡°timely and complete budgetary proposals for new academic initiatives and opportunities¡±?(Motion # XVI-M17)?and provide information to the Faculty Senate through report.

? ? ? a. Monitor how the percentage of tuition dollars that is allocated directly to Central Administration (approaching 30%) is being used and provide information to the Faculty Senate through report.

? ? ? ?b. Monitor and report on the status of Advancement fundraising efforts and the association between Advancement efforts, academic programs, and student success.

? ? ? ?c. Monitor and report on tenure track vs. non-tenure track positions, tenure-track vs. non-tenure track credit hour generation, and the percentage of the UNH budget going towards non-academic vs. academic units. Identify areas of significant change over the last 5 years.?

Charges?

1. Work with the Provost and UNH¡¯s new Chief Financial Officer to organize, constitute, and charge the Budget Advisory Committee.
2. Monitor and report on efforts coming from the USNH system office to reduce costs by consolidating services across USNH institutions.
3. Analyze and report on efforts being taken to reduce costs and increase revenue in non-academic units at UNH.
4. Finish the work started by the FAC in the 2018-19 academic year to investigate and report findings about where UNH uses outside consultations, how much money is spent on outside consultants and consider actions to encourage the use of in-house organizations and professionals if appropriate.

2018-2019 Charges

Recurring charges

1. Continue to ask the administration to provide ¡°timely and complete budgetary proposals for new academic initiatives and opportunities¡± (Motion # XVI-M17). Either the chair of designated member of the committee should serve on the Budget Advisory Committee and report back to the Faculty Senate.
2. The percentage of tuition dollars allocated to Central Administration was increased from 26.5% to 30.5% to address a deficit that Central Administration incurred when state appropriations were decreased. The VP of Finance and Administration reported that once the deficit in Central Administration is paid down, the 30.5% rate will be reevaluated. Continue to monitor the status of this debt and the percentage of tuition going to Central Administration and report to full senate.

Charges

1. Gather information about college-level timelines and processes of budget construction, as well as faculty contributions to the process. Produce a report with recommendations of ¡°best practices¡± to ensure faculty input on budget decisions that impact academic programs. Year-long study.
2. Monitor and report to the Senate on the past Capital campaign, specifically how that money is being used, and provide updates of any new initiatives in the area of fundraising. Ask Debbie Dutton, VP of Advancement, to meet with committee in the late fall or early spring.
3. In light of the continued financial challenges facing UNH and the financial scrutiny faced by academic units on campus, analyze and report on the measures taken to control and reduce costs in non-academic units.
4. Work with the Vice President of Finance and Administration, Chris Clement, to identify UNH-specific reasons for increases in tuition and compare it to national trends. In particular, review the rise in administrative positions, especially in new areas of focus, such as student-support staff. If appropriate, make recommendations based on this data.
5. Request from the Dean of COLSA, Jon Wraith, and Interim Provost Wayne Jones an accounting of the financial cost and benefits of reducing the scope of TSAS, with supporting documentation.
6. Identify and list the outside contracts made to meta-educational companies, both single-use and ongoing contracts and calculate the amount that UNH pays to outside consultants each year for the last 5 years. Provide details about the purpose these consultations served and whether there are in-house organizations and professionals who could have accomplished the work of an outside consultant for less money. Explore the possibility of creating a policy that mandates seeking faculty with the required expertise before contracting with an outside entity.
7. Enrollment Management: report on the budget expenditures from this office and, if possible, assess the return on investment.

Standing Charge

The charges from the Agenda Committee shall comprise the major and first-order work of the Finance and Administration Committee. However, the Committee may pursue additional issues in pursuit of its mission, stated above. If the additional issue interferes with the timelines stated in the charges above, the Committee must receive permission from the Agenda Committee before proceeding. If the additional interest does not interfere with the established timelines, the Committee must inform the Agenda Committee.

Finance and Administration Committee Membership 2018-19

• Buzz Scherr, School of Law, chair
• Tama Andrews, Political Science, COLA
• Adele Marone, Molecular, Cellular, & Biomedical Science, COLSA
• Michael Gass, Kinesiology, CHHS
• Phillipe Hatcher, Computer Science, CEPS
• William Knowles, Accounting & Finance, PCBE
• John LaCourse, Electrical & Computer Engineering, CEPS
• Stephan Shipe, Accounting & Finance, PCBE