To set out the requirements regarding the preparation, approval and monitoring of budgets within the University.
Preparation of a triennium budget and revised budget
Deputy Vice Chancellor, Services and Resources and
Director, Financial and Business Services
Recommendation of triennium budget and revised budget to Finance Committee and Council
Review and recommendation of triennium budget and revised budget to Council
Approval of triennium budget and revised budget
Refer to Financial Delegations Register
Monitor actual performance against budget
Control expenditure in accordance with budget
Responsibility for management of Divisional budgets
Relevant member of the Senior Executive
The triennium budget must include an income and expense statement, balance sheet, cashflow statement and capital and infrastructure plan.
For enquiries in relation to this FMPM Policy please contact firstname.lastname@example.org
NOTE: Printed copies of this policy are uncontrolled, and currency can only be assured at the time of printing.
Deputy Vice Chancellor, Services and Resources
Date for next review
NOTE: A minor amendment will not result in a change of the next major review date.
Approval date - the date the approval authority approved the establishment, minor or major amendment or disestablishment
Implementation Date - the date the policy was published in the Policy Library and is the date the policy takes effect
|17-2||07/12/2017||07/12/2017||Minor amendment to align with current organisation structure||Quality, Standards and Policy|
Minor amendments to align with current organisation structure and current delegation practice
Quality, Standards and Policy
Policy Sponsor and Approval Authority updated to reflect the approved Policy and Delegations Framework
Quality Standards and Policy Unit
Finance Committee (06/11)
There are no related procedures.
There are no other related documents.