The purpose of this policy is to establish the authority for making appointments of faculty and staff other than appointments of students or term appointments for less than $5,000.

The University budget is approved by the Board of Regents and is based on a certain number of permanent positions, defined as probationary and tenured faculty and librarian positions and probationary and permanent non-bargaining unit administrative positions. The President must spend University funds in the context of this budget and has no authority to fill permanent positions that are not provided for in the budget. Nevertheless, where in the President's opinion it is in the interests of the University to fill such a position, the President may authorize the advertisement of the position. Furthermore, and notwithstanding the Board policy entitled The President's Authority to Spend, the President may also authorize the appointment of a person to such a position provided either a) there is external funding for the position for a reasonable period of time or b) the Finance and Administration Committee is satisfied that adequate continuing funding is in place to support the position. The function of the Committee is not to assess the suitability of candidates or the departments to which the candidates will be appointed.

The Audit Committee of the Board shall instruct the External Auditors to include scrutiny of this policy in its work plan, and to report annually on adherence to this policy.