The Council on University Planning & Budget will meet Friday to hear a budget report for the current academic year.

Jeff Cooley, vice president of business affairs, will present a summary of revenues and expenditures in fiscal year 2003. Cooley’s report also will identify expenditures resulting in the deficit, the CUPB agenda stated.

Julia Abell, director of planning and institutional studies, will present an overview of the budget planning cycle.

The CUPB will hear a report on administrative costs from William Weber, CUPB member and associate vice president for academic affairs, and will work on developing a CUPB Legistlative Action Team.

The action team will assist the CUPB when legislative issues come up for action. Jill Nilsen, vice president for external relations, is set to present a rationale for establishing the team and an explanation of how the team members will be selected, trained and utilized, the agenda stated.

If the CUPB approves the establishment of an action team, Nilsen will select and train the members.

The council will also approve subcommittees for the 2002-2003 school year and hear reports from the subcommittees.