{"id":706,"date":"2024-06-12T12:47:42","date_gmt":"2024-06-12T16:47:42","guid":{"rendered":"https:\/\/www.yorku.ca\/bamdev\/?page_id=706"},"modified":"2025-11-12T11:48:01","modified_gmt":"2025-11-12T16:48:01","slug":"governance","status":"publish","type":"page","link":"https:\/\/www.yorku.ca\/bam\/governance\/","title":{"rendered":"Budget Governance"},"content":{"rendered":"\n<p>The University relies on two presidential advisory councils to review, oversee and make recommendations to the president for budget decisions.&nbsp;<\/p>\n\n\n\n<div style=\"height:24px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column hover-card is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:100%\">\n<h2 class=\"wp-block-heading has-text-align-center\"><a href=\"https:\/\/www.yorku.ca\/bam\/university-fund-council-ufc\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>University Fund Council<\/strong><\/a><\/h2>\n\n\n\n<p class=\"has-text-align-center\">The University Fund Council (UFC) advises the president on the use of the University Fund and receives performance updates and reporting on past and current projects and their outcomes.<\/p>\n<\/div>\n<\/div>\n\n\n\n<p><\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column hover-card is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:100%\">\n<h2 class=\"wp-block-heading has-text-align-center\"><a href=\"https:\/\/www.yorku.ca\/bam\/the-budget-council\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>University Budget Council\u00a0<\/strong><\/a><\/h2>\n\n\n\n<p class=\"has-text-align-center\">The University Budget Council (UBC) ensures shared services unit budgets reflect the priorities of the University Academic Plan and the services required by Faculties.&nbsp; <\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div style=\"height:56px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Guiding principles of the SHARP budget model<\/h2>\n\n\n\n<div class=\"wp-block-group grey-bg-block has-very-light-gray-background-color has-background\"><div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\">\n<div class=\"wp-block-group\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><div class=\"wp-block-image mb-0\">\n<figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/www.yorku.ca\/bam\/wp-content\/uploads\/sites\/9\/2023\/11\/DblChevronLine_SR.png\" alt=\"\" class=\"wp-image-90000012662\" style=\"width:239px;height:auto\"\/><\/figure>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\">\n<h4 class=\"wp-block-heading has-text-align-left text-primary text-uppercase h4 has-text-color has-link-color has-medium-font-size wp-elements-0c1bc749796c12ebcbde6d1209b535d8\" style=\"color:#e31837\">Strategic Alignment<\/h4>\n\n\n\n<div style=\"height:31px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h4 class=\"wp-block-heading text-primary text-uppercase h4 has-text-color has-link-color has-medium-font-size wp-elements-cc038298a309c80c7b8eeeaf159aba10\" style=\"color:#e31837\">Transparency<\/h4>\n\n\n\n<div style=\"height:31px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h4 class=\"wp-block-heading text-primary text-uppercase h4 has-text-color has-link-color has-medium-font-size wp-elements-70cb7cac097fd207baecae51fba8150a\" style=\"color:#e31837\">Accountability<\/h4>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\">\n<h4 class=\"wp-block-heading text-primary text-uppercase h4 has-text-color has-link-color has-medium-font-size wp-elements-6f09227a981cea2c707e17dbb19b127d\" style=\"color:#e31837\">Sustainable and Fair allocation methodology <\/h4>\n\n\n\n<div style=\"height:32px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h4 class=\"wp-block-heading text-primary text-uppercase h4 has-text-color has-link-color has-medium-font-size wp-elements-b61a9b84af9e40da4882b870ed55a346\" style=\"color:#e31837\">Performance Metrics <\/h4>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div><\/div>\n<\/div><\/div>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The University relies on two presidential advisory councils to review, oversee and make recommendations to the president for budget decisions.&nbsp; University Fund Council The University Fund Council (UFC) advises the president on the use of the University Fund and receives performance updates and reporting on past and current projects and their outcomes. University Budget Council\u00a0 [&hellip;]<\/p>\n","protected":false},"author":166,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","footnotes":""},"tags":[],"class_list":["post-706","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Budget Governance - Budgets and Asset Management<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.yorku.ca\/bam\/governance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Budget Governance - Budgets and Asset Management\" \/>\n<meta property=\"og:description\" content=\"The University relies on two presidential advisory councils to review, oversee and make recommendations to the president for budget decisions.&nbsp; University Fund Council The University Fund Council (UFC) advises the president on the use of the University Fund and receives performance updates and reporting on past and current projects and their outcomes. 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