Budget Subcommittee (BSC) is a subcommittee of the Planning and Resource Allocation Committee (PRAC). BSC supports PRAC by co-ordinating the budget setting process for the professional services and GLAM (the services), reviewing bids for exceptional funding items, and recommending the services budgets to PRAC. Further, BSC keeps under review the mechanisms for charging out the services costs to academic divisions (through the so-called 1-2-3 Infrastructure Charge) and colleges (through the Integrated Charging Mechanism), making recommendations to PRAC. BSC also reviews income and expenditure statements for the professional services and GLAM.
