University Resources Committee (URC)
The University Resources Committee, composed of faculty, students and administrators, is responsible for recommending Brown’s annual operating and capital budget to the president.
University Resources Committee (URC)
The University Resources Committee, composed of faculty, students and administrators, is responsible for recommending Brown’s annual operating and capital budget to the president.
About the URC
As Brown pursues its mission to make a positive impact by advancing knowledge and understanding, the University continually invests in the people, resources and facilities to make that possible. Decisions on how and where resources are allocated are based on recommendations from the University Resources Committee.
As part of Brown’s strong commitment to shared governance — the joint responsibility of the University community to inform and participate in decision-making — the committee is composed of faculty, staff, students and senior administrators. Together, they make recommendations on Brown’s annual operating budget, including tuition and salary increases. The committee focuses on balancing the Brown community’s current needs with the need to safeguard resources and opportunities for future generations.
Brown’s Finances
Brown is committed to the thoughtful stewardship of financial resources as the University aspires to the highest levels of academic and operational excellence.
Developing Brown’s Operating Budget
Over the course of each academic year, the committee reviews and analyzes a wide range of financial information related to University operations. After careful review and thoughtful discussion, the committee makes recommendations on key issues, including University-wide employee salary pools as well as tuition and fees.
Following consultation with the University president, the recommended operating budget is presented to the Corporation of Brown University, Brown’s highest governing board, for review at its annual spring meeting.
Throughout the process, the committee’s decisions are grounded in the priorities of the Brown community.
https://www.youtube.com/embed/aInZeQRGWl8
Budget Explainer
Learn more about how Brown's annual budget is built — and spent — each year.
Committee Charge
The University Resources Committee is charged with:
- reviewing, analyzing and offering recommendations to the president on all budgetary plans, proposals and priorities, both current and future, affecting the University
- maintaining awareness of budgetary matters throughout the University to encourage informed opinions and discussion of issues
- making recommendations regarding University resource allocations for the coming fiscal year and for long-range plans developed by the administration
- releasing a written report annually that summaries the committee’s recommendations and budget information
As established in Brown University’s Faculty Rules and Regulations, the University Resources Committee is a standing committee of the Brown faculty, chaired by the provost.
Each year, the University Resources Committee develops a proposed annual budget for Brown.