A63.1: Budget Committee

April 28, 2020 revision

Official revision

Deans, directors, and department heads are responsible for ensuring that all related departmental processes, procedures, and/or documents are updated to reflect new or revised policies. The following new and revised policies pertain to the structure of the Faculty Senate, were approved by the Faculty Senate on April 28, 2020, and are posted to the Faculty Handbook.

A60 Faculty Senate Bylaws
A61 “Academic Council”
A61.1 “Admissions and Registration Committee”
A61.2 “Curricula Committee”
A61.3 “Senate Graduate and Professional Committee (SGPC)”
A61.3.1 “Honorary Degree Sub-Committee”
A61.4 “Teaching Enhancement Committee”
A62 “Athletic Council”
A63 “Business Council”
A63.1 “Budget Committee”
A63.3 Faculty Staff Benefits
A63.5 “Information Technology Committee”
A64 “HSC Council”
A65 “Research and Creative Works Council”
A65.1 “Library Committee”
A65.2 “Research Allocations Committee”
A65.3 “Research Policy Committee”
A65.4 “University Press”

This is the current revision of this policy.

Approved by: Faculty Senate
Effective: April 28, 2020
Responsible Faculty Committee: Budget Committee
Office Responsible for Administration: Office of the University Secretary

Revisions to the Policy Rationale, Policy Statement, and Applicability sections of this document must be approved by the full Faculty Senate.

Policy Rationale

The Budget Committee is one of five (5) committees that comprise the Faculty Senate Business Council, which provides faculty oversight of the business aspects of the University of New Mexico (UNM) including budget, government relations, campus planning, capital projects, etc.

Policy Statement

The Budget Committee has the responsibility to make recommendations to the Faculty Senate for advising the Budget Leadership Team (BLT) in developing the UNM budget. In particular, the functions of the committee include, but are not limited to:

(a) participation in the BLT and BLT sub-committees, including at least one (1) Committee member appointed to the BLT.

(b) the presentation to the Faculty Senate each April on the Committee’s participation and work with the BLT.

Faculty members will be appointed by the Faculty Senate: The optimal Committee will be thirteen (13) members, with (2) two from Arts and Sciences and, if possible, one (1) from each of the following academic areas [where possible given the number of faculty in each area]: Architecture and Planning, Education and Human Sciences, Engineering, Fine Arts, Honors, University Libraries, Law, Anderson School of Management, Medicine (including Dental Hygiene Programs), Nursing, Pharmacy, and Population Health, and an ex-officio member appointed by the Senior Vice President for Finance and Administration. The terms of office shall be for three (3) years, set up on a staggered basis so that the terms of at least four (4) members will expire each year. The chairperson is elected by the Committee. Members will be appointed by April for terms starting the following fall. The chairperson is selected by the Committee for a one-year term. That selection will be made at the last meeting of the academic year for the following year.


All UNM faculty, including the Health Sciences Center and Branch Community Colleges.

Revisions to the remaining sections of this document may be amended with the approval of the Faculty Senate Policy and Operations Committee in consultation with the responsible Faculty Senate Committee listed in Policy Heading.


There are no specific definitions required by this Policy.

Who should read this policy

  • All UNM faculty.
  • Academic administrators and staff.
  • Administrative staff responsible for policy development.

Related Documents

Faculty Handbook:
A51: Faculty Constitution
A53: Development and Approval of Faculty Policies
A60: Faculty Senate Bylaws
A63: Business Council


Direct any questions about this policy to the UNM Office of the University Secretary.


The Budget Committee will schedule regular meetings. The Committee Chair will report Committee recommendations through the Business Council for consideration by the Faculty Senate.


April 28, 2020—Approved by Faculty Senate

Office of the University Secretary
MSC05 3340
Scholes Hall, 103
1 University of New Mexico
Albuquerque, NM 87131

Phone: (505) 277-4664