Terms of Reference
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	Purpose 
To centrally coordinate the implementation of actions required to reduce the operating budget deficit.
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	Authority 
The task force provides advice and guidance to the faculty or shared service portfolio leader on proposed actions to address the budget deficit in their unit.
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	Function 
The task force oversees and coordinates changes required to reduce and balance the budget deficit. It provides feedback to decision makers about the anticipated impact on HR and faculty relations, on student experience and teaching and learning, and it advises on the legal implications of actions and on communication strategy. The task force meets regularly to review and discuss proposals from the faculties and shared services units, and the potential impacts and risks to the university.
The task force membership is small to facilitate timely feedback. Additional experts may be consulted or invited to meetings to provide information or advice.
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	Membership 
Chair: Provost and Vice-Principal (Academic)
Members:
Associate Vice-Principal, Human Resources
Deputy Provost
Executive Director, Office of the Provost and Vice-Principal (Academic)
General Counsel
Vice-Principal, University Relations
Special Advisor and Chief of Staff, Office of the Principal
Vice-Provost and Dean of Student Affairs
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	Meetings 
The SIOTF meets weekly.