Many Traditions One Alaska - Financial Update
4
UA Roles & Responsibilities
Chancellor
•
Lead university operations to reach respective strategic goals based on Board approved mission.
statement.
•
Participate in annual budget development process.
.
Participate in periodic financial management reviews.
System Office
•
Coordinates annual budget development process:
Budget development guidelines
•
Budget request to the Board of Regents, Governor and Legislature
•
Budget advocacy throughout the legislative process
•
. Budget implementation
Corporate fiduciary responsibility including financial reporting to the State of Alaska.
Board of Regents
.
•
•
Aug/Sept meeting: preview/discuss operating and capital budgets for upcoming year.
Oct/Nov meeting: approve budget requests prior to submission to the governor (P05.01.010.A).
May/June meeting: accept state appropriations to the university and approve budget distribution
plans (P05.01.040). Review/discuss budget development guidelines.
UNIVERSITY
of ALASKA
Many Traditions One AlaskaView entire presentation