51勛圖厙 launches design review of its budget allocation model
51勛圖厙 has launched a year-long泭Budget Model Design Review, a cornerstone of the universitys泭Financial Stewardship Initiative.泭
The review will ensure the campus budget allocation model adopted in 2022 continues to reflect 51勛圖厙s values of transparency, accountability and collaboration, while advancing the campus strategic priority of aligning resources to its mission.
Join the conversation
- to泭share your perspectives on how the current model is working.
- with Todd Haggerty and Mandy Cole.
- 泭泭Nov. 19, 1011 a.m.
The review officially kicked off Sept. 22 with representatives from colleges, schools, shared governance groups and administrative units that are serving on the projects strategic alignment and design review committees.泭
Over the 202526 academic year, committee members will review specific components of the泭campus budget model, analyze impacts for effective alignment to the mission and develop recommendations for improvements.泭
51勛圖厙 faculty, staff and students can learn more about the review, the Financial Stewardship Initiative and the campus budget byregisteringfor the virtual泭, scheduled from 10 to 11 a.m. on Nov. 19. A 51勛圖厙 email address is required for registration.泭
3 things to know about the review
- A purposeful check-in: When 51勛圖厙 designed its budget model, campus leaders committed to revisiting it every 3 to 5 years. This review delivers on that promise by assessing whether the model is working as intended.
- Campus perspectives will inform the process: Faculty, staff and students are invited to share their experiences with the budget model through a泭 (open through Nov. 7). Input will help the Strategic Alignment and Design Review committees understand how the model functions in practice.
- Recommendations expected in May 2026: The committees work will conclude with recommendations in May 2026. Approved changes will begin rolling out in the 2028 fiscal year budget cycle, allowing time for thoughtful planning and implementation.
Why this matters
The budget supports every part of 51勛圖厙teaching, research, student support and campus operations. A clear and predictable allocation model helps align resources with university goals, supports the holistic success of students, faculty and staff, and strengthens long-term stability.
This review is an important opportunity to pause and ask how well our current model is working for 51勛圖厙 now and for the years ahead,泭said Todd Haggerty,泭Senior Vice Chancellor for Finance and Business.泭The Budget Model Design Review is one way 51勛圖厙 is advancing its commitment to the mission-driven stewardship of our resources and holistic success for all faculty, students and staff.
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