Financial Advisory Council (FAC)
FAC Calendar FAC Role FAC Vision FAC Consensus Statements Financial Plan Cycle Agendas Minutes
Adopted 10/13/98
The Financial Advisory Council (FAC) is composed of 24 members including
the Chancellor- two members of the Governing Board (Appointed by the Board)
- The following representatives from each employee group are appointed by the Chancellor
- three college presidents
- Director of the Skill Center
- two Vice Chancellor
- four residential faculty
- one adjunct faculty
- two Management/Administrative/Technical (MAT)
- two Professional Staff (PSA)
- one Maintenance and Operations (M&O)
- one from Crafts
- one from the Administrative Services Group (ASG)
- one from College Safety
- three students
Staff support is provided by Business Services Division personnel.
FAC is responsible for the supervision and coordination of all district-wide Maricopa Community Colleges' budgeting process. Additionally, the Council will make recommendations to the Chancellor Executive Councils (CEC) regarding budget related matters. CEC in turn makes recommendations to the Chancellor, who ultimately presents budget and tuition and fee recommendations to the Governing Board. Whereas the Governing Board establishes policy and sets priorities, FAC is responsible for the following tasks:
- Consider Policy Goals Statements adopted by the MCCCD Governing Board as well as other policies and priorities established by the Governing Board which impact the budgeting process and allocations.
- Provide leadership for the Maricopa Community Colleges toward innovation and problem-solving in budget related issues and activities.
- Provide prudent, cost effective and efficient financial management.
- Review and approve the budget calendar for the proposed year.
- Require and approve the organization and collection of all proposed fiscal year budget materials.
- Recommend to the Chancellor's Executive Council the proposed fiscal year budget and proposed tuition and fee schedule.
- Serve as the liaison to the Governing Board and to all employee groups and other interested parties for budget issues.
- Review and Analyze projections versus actual expenditures/revenues over time.
To facilitate the completion of its tasks and to achieve its version, FAC recommendations to the Chancellor's Executive Council are based on the key Quantum Quality Management Principles, including:
- Problem-solvers (faculty, management, staff) must adopt a district-wide perspective of budgeting and participate with an attitude of openness to achieve a broader understanding of issues facing the Maricopa Community Colleges.
- Customers of the Maricopa Community Colleges' processes must be satisfied with FAC actions.
- Communication is critical to understanding and implementing the budget process.
- While appreciating the value of consensus, the Chancellor at times must act even in its absence. If the Chancellor's recommendation vary significantly from those of FAC, the Chancellor should provide rationale for these major changes.
To print FAC Roles in pdf format, please click here.
Adopted 10/13/98
The Maricopa Community Colleges' Financial Advisory Council (FAC) strive to enhance flexibility and optimal use of resources in the budgeting process. To this end, FAC is committed to:
- developing planning tools that will continue to position the Maricopa Community Colleges in a financially stable management mode while maintaining educational programming currency and quality,
- facilitating a resource allocation process that is quided by the Vision, Mission and Values of the Maricopa Community Colleges as well as the policy ends adopted by the Governing Board, and
- endorsing financial accountability throughout the Maricopa Community Colleges.
To print FAC Vision Statement in pdf format, please click here.
Adopted 10/13/98
The Adopted consensus statement for the Financial Advisory Council (FAC) is as follows:
Definition:
All FAC decisions will be made using a group consensus model. Consensus occurs when eah FAC member can say that he or she has spoken and been heard and an attempt has been made to work through differences.
Goal:
FAC's goal is to reach 100% agreement on its recommendations and decisions.
Considerations:
- FAC members
to support FAC recommendations to the maximum extend possible.
- FAC members
should provide a balanced explanation of the issues involved with FAC recommendations.
Procedures:
A "straw vote" may be used in order to try to reach agreement. When 100% agreement cannot be reached, agreement by two-thirds of the FAC members present, with a quorum, will be required for the decision or recommendation to be made.
To print FAC Consensus Statement in pdf format, please click here.
Agendas & Meeting Minutes
Agendas: 1/22/08 12/11/07 11/27/07
10/23/07
9/25/07
4/19/07
4/3/07
2/6/07
1/23/07
9/26/06
4/4/06 1/24/06
12/6/05
10/11/05
9/6/05 4/26/05 2/8/05 1/25/05 12/7/04
11/16/04
9/7/04 4/27/04 4/6/04 3/2/04 1/27/04 12/2/03
11/18/03 10/14/03
9/9/03
Minutes: 12/11/07 11/27/07 10/23/07
9/25/07
4/19/07
4/3/07
2/6/07
1/23/07 9/26/06 4/4/06
1/24/06
12/6/05
10/11/05 9/6/05 4/26/05 2/8/05 1/25/05 12/7/04 11/16/04 9/7/04 4/27/04 4/6/04 3/2/04 1/27/04 12/2/03 11/18/03
10/14/03 9/9/03
The following FAC documents are in pdf format. If you do not have Acrobat Reader (required to open these documents), you can download a free copy from Adobe's website.
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