Finance, Development & General Purpose Committee
FDGP Committee - University Council
Finance, Development & General Purpose (FDGP) Committee
Mandate
The Finance, Development and General Purpose Committee is established by the University Council to oversee all financial matters, development projects, and general purpose activities of Taita Taveta University. The committee ensures prudent financial management, sustainable resource mobilization, and effective implementation of development initiatives.
Key Responsibilities:
- Review and recommend the university's annual budget and financial plans to the Council
- Oversee financial management, accounting practices, and internal financial controls
- Monitor the implementation of development projects and infrastructure initiatives
- Review investment strategies and recommend investment policies
- Oversee resource mobilization strategies and fundraising activities
- Review financial statements and reports before submission to Council
- Monitor compliance with financial regulations and reporting requirements
- Review procurement policies and major procurement decisions
- Oversee the university's assets and property management
- Review fees structure and other revenue-generating activities
Council Members
Committee Chair
Independent Council Member and Chair of FDGP Committee. Managing Partner at Nagburry Global Consulting LLP with extensive experience in strategic management, economics, and public service as former CECM, Kilifi County. Currently pursuing dual PhDs in Economics (Moi University) and Strategic Management (Pwani University).
Committee Members
Alternate Member to the PS, Higher Education and Research. Director of Education with over 31 years of experience in the education sector. PhD in Education Administration and Management.
Independent Council Member and Chair of HRD Committee. Over 20 years of senior management experience at Kenya Revenue Authority. Expertise in strategic management, finance, and international trade negotiations.
Other Council Members Involved
The following council members also participate in committee activities and deliberations:
Core Functions
Budget Oversight
Review and recommend annual budget and financial plans to Council
Financial Management
Oversee accounting practices, financial controls, and reporting
Development Projects
Monitor infrastructure projects and development initiatives
Investment Strategy
Review investment policies and monitor investment performance
Resource Mobilization
Oversee fundraising activities and income generation strategies
Financial Reporting
Review financial statements before submission to Council
Compliance
Monitor adherence to financial regulations and standards
Procurement Oversight
Review procurement policies and major procurement decisions
Asset Management
Oversee university assets and property management
Fees Structure
Review tuition fees and other revenue-generating activities
Key Focus Areas
Financial Sustainability
Ensuring long-term financial health and stability of the university
Infrastructure Development
Overseeing campus expansion and modernization projects
Revenue Diversification
Exploring new income streams beyond traditional funding
Cost Optimization
Ensuring efficient use of university resources
Investment Growth
Maximizing returns on university investments
Public-Private Partnerships
Developing strategic partnerships for development projects
Meetings
Meeting Frequency
The committee meets at least four times per year, with additional meetings convened as necessary to review budget cycles, financial reports, and development project milestones.
Reporting
The committee reports to the University Council after each meeting and submits quarterly financial reviews along with an annual report on the university's financial position and development progress.
Committee Contact
For inquiries related to financial matters, development projects, or committee activities, please contact: