The Fiscal Affairs Committee will address matters of faculty interest with respect to financial aspects of the administration of the University. This committee will advise University leaders on all aspects of the campus budgeting process in support of the University’s core missions of teaching, research, and service, and will support the priorities established through strategic planning. The Committee will advise on operational planning, appraisal of resource needs, and the distribution of resources through allocation models. The Fiscal Affairs Committee will coordinate the work of any campus task forces needed for the Committee’s mission. Motions may be sent from this committee to the Faculty Council.

• Chair (1), elected by the Faculty Council from among its members (serves on the Faculty Council Executive Committee);
• Staff Support will be provided by the Office of the Vice Chancellor for Finance.

Fiscal Affairs Committee Focus for 2024-25 Academic Year (The focus is determined during the first meeting of the semester)

1. Faculty input into fiscal planning and budget process (Dr. Gibler) 
   1. Budget cycle 
   2. Preliminary budget 
   3. The best time for faculty to provide input 
2. Tiered Tuition  
   1. Fiscal impact on the University (Dr. Gibler) 
   2. Impact on students (Dr. Spain) (possible collaboration with Student Affairs) 
3. Mizzou Forward  
   1. Fiscal impact on the University (Dr. Gibler) 
      1. One-time costs 
      2. Recurring costs 
   2. Outcomes (Dr. Spencer) (possible collaboration with RSED) 
   1. Outcome measures 
   2. Definition of success 
   3. Hires & retention 
4. Mizzou Athletics (meet with the Intercollegiate Athletics standing committee) 
   1. Campus support of the Intercollegiate Athletics budget (AD Laird & EAD Roberts) 
   2. Impact of the NCAA settlement on previous and current compensation 
5. Faculty Pay (Dr. Gibler) (possible collaboration with Faculty Affairs) 
   1. Adjunct Faculty policy and consistency across units 
   2. Faculty salary trends  
6. Campus Debt load (Dr. Gibler) 
7. IT Budget and impact of AI (Tabled until resolution of AI committee initiative) 
8. Faculty Affairs Committee request for collaboration with Health Care access and cost (tabled until the Faculty Council meets with MU Health Care leadership) 

Faculty Council membership on the committee:
Chair:
Peter Wilden, (MED), wildenp@health.missouri.edu, term exp 7/31/2027

Members:
Kelli Canada, (CHS), canadake@missouri.edu
Andrew Clarke, (CAFNR), clarkea@missouri.edu
Carol Ward, (MED), wardcv@missouri.edu
Carlos Wexler, (A&S), wexlerc@missouri.edu
Rick Johnson, (BUS), johnsonr@missouri.edu
Noah Heringman, (MU-AAUP Rep, Non-Voting), heringmann@missouri.edu