Committee Chair: Joyce L. Elden
A Budget Committee is appointed annually by the President from Fellows. It is its duty to prepare, after appropriate study, a proposed budget for the College for the next ensuing fiscal or calendar year. This proposed budget is presented to the Board of Regents for approval at its annual meeting. After its approval, the Committee throughout the ensuing fiscal or calendar reviews the financial affairs of the College and reports to the President substantial deviations from the approved Budget.