The handbook language regarding the committee reads as follows:
FACULTY HANDBOOK  2.01.A.4

e.     Faculty Salary and Budget Committee (FSBC):  (as revised 04 14 23? by UAS)

 i.    Faculty Membership: Faculty membership of the FSBC consists of seven faculty members from the College of Liberal Arts and Sciences (CLAS), two from the Seidman College of Business, one from each of the remaining colleges, and one from the University Libraries. The term of office is three years beginning at the end of the winter semester. Terms of those from colleges with two or more members are staggered.  

ii.     Student Membership: One undergraduate and one graduate student representative selected by the Student Senate for a one-year term.

iii.    Administrative Membership: The Provost or designee and the Vice President for Finance or designee, both serve as ex officio, non-voting.

iv.    Leadership:  The Chair of FSBC for the following academic year will be elected during September each year to allow the Chair-elect to learn the functions of the position.  The Provost or designee will conduct the election.

v.    Responsibilities: The FSBC has four primary responsibilities:

a)    To study pertinent data and make recommendations to the Senate through the ECS on the allocation of funds within the Grand Valley budget as a whole as well as within the budgets of the administrative divisions,

b)    To study pertinent data and make recommendations to the Senate through the ECS on the items of the budget, compensation or faculty job security, 

c)     To study pertinent data and make recommendations on proposals for the establishment of additional units/programs at Grand Valley. These recommendations will be made to the Senate through the ECS at the Prospectus stage and through UCC at the New Program Proposal stage, and

d)     To provide leadership and support to faculty as Units develop their Unit Stability Report and Self-Study Report and to review and provide feedback on these reports.

The President and/or ECS may request the FSBC to study specific items and make recommendations concerning them.

The Chair of FSBC will run meetings, facilitate the deliberations of the committee, and serve as lead author of documents produced by the committee.  The Chair will also attend all ECS/UAS meetings during which FSBC materials are discussed. The Chair of FSBC will also serve on the University Benefits Committee and the New Program Council and may represent faculty in discussions with administration regarding university budgets.