DePaul University Newsline > Sections > Campus and Community > University Budget Approved for 2016-17 Fiscal Year
By Lynn Safranek /
March 16, 2016 /
Posted in: CAMPUS AND COMMUNITY /
DePaul's budget process began in November, when the university Strategic Resource Allocation Committee, known as SRAC, held a series of meetings to discuss broad financial decisions. SRAC membership includes representation from DePaul's faculty, staff and students. This year's voting members of SRAC include:
SRAC recommended a proposed budget to the university's president, who accepted the proposal with minor changes and presented it to the finance committee of the Board of Trustees. In December, the finance committee unanimously endorsed the proposed budget and sent it to the full board for approval.