Purpose

The B&P Committee serves to provide internal ASUW fiscal accountability, provide a fiscal planning process for those programs and activities financially supported by ASUW funds, provide research into and recommendations about the cost effectiveness of ASUW programs, develop and recommend, for Senate approval, necessary changes or additions in the ASUW Finance Policy; and prepare for Senate approval all fiscal budgets for the ASUW and its subsidiary operations.

Powers

The B&P Committee shall promulgate procedures and requirements for maintaining internal ASUW financial control and accountability in any area where ASUW funds are utilized, establish procedures for the timely preparation and consideration of all budget requests utilizing ASUW resources, and recommend to the Senate such changes or additions to the ASUW Finance Policy as are necessary and appropriate.

Composition

The B&P Committee consists of a minimum of four (4) ASUW Senators, one (1) of whom shall serve as chairperson, and a minimum of four (4) ASUW Students-at-Large, with one (1) being a Freshman Senator appointed by Freshman Senate, subject to the approval of the ASUW Vice President, an advisor appointed by the University Vice President for Finance, and the ASUW Business Manager as the advisor.