Facilities Management s Budget Prioritization Plan April 19, 2017
|
|
- Winfred Collins
- 6 years ago
- Views:
Transcription
1 Facilities Management s Budget Prioritization Plan April 19, 2017
2 UI s New Budget Model 2
3 UI s New Budget Model The historical business and financial models at the University of Iowa have given way to a more decentralized and transparent approach where costs are allocated to appropriate costs/budget centers. 3
4 UI s New Budget Model Allocation and transparency of cost is intended to drive higher levels of accountability and efficiency and to draw focus to value and return on investment. 4
5 UI s New Budget Model Non-academic services must demonstrate alignment to UI s Mission, UI s Strategic Plan and/or UI s institutional values and those services not in alignment will be diminished or discontinued. 5
6 UI s New Budget Model UI Administration has targeted faculty salaries as the top institutional priority for increasing our academic ranking and looking to the colleges to reallocate the funding from within their existing budgets. 6
7 UI s New Budget Model By extension, administrative units have been informed that salary, wage and benefit cost increases will need to be funded from reallocation instead of new funding. 7
8 UI s New Budget Model Future new funding will be designated to support strategic initiatives that advance or align with institutional or collegiate goals and objectives. 8
9 UI s New Budget Model The cost for non-academic services and support are being reflected in collegiate budgets and all collegiate officers are encouraged to review, understand, evaluate and challenge the cost and value of those services. 9
10 10
11 11
12 12
13 Budget Reprioritization UI Administration requested that all of the colleges and major administrative departments model a 5% reduction in their current (FY17) funding base to be carried into FY18. 13
14 FM s Response Instead of a single year reactionary proposal, we proposed an alternate three year plan that is more strategic. 14
15 FM s Budget Prioritization Plan
16 FM s O&M GEF Budget FM s non-utilities GEF Budget is $39.9 million $17.1 million for custodial services $15.9 million for maintenance & operations $ 3.3 million for landscape & grounds $ 2.1 million for Oakdale utilities $ 0.8 million for campus & space planning $ 0.7 million for sustainability & administration 16
17 FM s GEF Utilities Budget The GEF utilities budget is $43 million, or 45% of the total Utilities Enterprise budget 17
18 Funding Salary & Fringes Merit wage and benefit increases historically have been centrally funded. Future funding of salaries, wages and fringe benefits will be in the form of reallocations from existing funds. 18
19 Funding Salary & Fringes 19
20 Funding Salary & Fringes FM employs 52% of UI s GEF Merit employees Our FY18 Merit fringe increases will exceed $1.5 million Fringe increases over the next three years will exceed $2.3 million for Merit staff (equivalent to 35 positions) Our P&S fringe increases will be $75,000 in FY18 and $125,000 over three years 20
21 Funding Salary & Fringes The numbers over the next three years: $2,330,000 Merit benefit increases 125,000 P&S benefit increases 750,000 Modeled Merit wage increases 200,000 Modeled P&S salary increases $3,405,000 Representing 8.5% of our current budget 21
22 Strategic Approach Proposal Budget Prioritization Plan We are pursuing a three-year strategic plan framework that will reposition Facilities Management for the future via a series of strategies designed to offset campus structural cost increases, redesign how we conduct our work, and free up resources that can be redirected for UI core activities. 22
23 Strategic Approach Proposal Planning Principles: Support UI s core mission and strategic plan Provide budget certainty to other UI budgeting efforts Transparency and partnership with those we serve Refine and redefine what s valued by those we serve Reposition the organization for a changing future 23
24 Commitment #1 Facilities Management will offset the full burden of the 8.5% of salary, wage and benefit increases coupled with a 5% overall reduction from current funding levels. The effective reduction is 13.5%, or $5.4 million, through the combination of cost reduction and cost avoidance. 24
25 Commitment #2 The Utilities Enterprise will freeze all utilities rates at current FY17 levels through FY20. With rates locked, an incentive program for reducing energy consumption could be implemented, rewarding colleges and departments for their specific conservation efforts (both energy and space). 25
26 Planning Framework
27 We ll Build on Our Current Efforts Robust preventative maintenance program Planning and scheduling of work Fault detection, diagnostic and analytics Equipment automation and modernization Improved data collection leading to better information and greater understanding 27
28 We ll Elevate our Core Competencies Employ data analytics to identify efficiencies Manage to key performance indicators Strategically source niche services Invest in the technical skills of our organization Invest in tools, systems and technology Cross functionally deploy organizational talent 28
29 We ll Realign Customer Expectations Closer partnerships with those we serve Transparency of costs and services Cease providing non-mission aligned services Cease providing non-valued services Service level agreements clarifying expectations Restructure our operating costs funding model 29
30 Next Steps Develop organizational alignment to achieve goals 30
31 Next Steps Develop organizational alignment to achieve goals Program FM s reserves for transitions 31
32 Next Steps Develop organizational alignment to achieve goals Program FM s reserves for transitions Restore building renewal funding to pre-fy16 levels 32
33 Our Vision for the Future Leaner organization focused on core mission 33
34 Our Vision for the Future Leaner organization focused on core mission Actively engaged partner with collegiate deans 34
35 Our Vision for the Future Leaner organization focused on core mission Actively engaged partner with collegiate deans Adhering to tighter and better defined service levels, but flexible enough to customize services 35
36 Our Vision for the Future Leaner organization focused on core mission Actively engaged partner with collegiate deans Adhering to tighter and better defined service levels, but flexible enough to customize services Transparent costing of services and stewardship 36
37 Our Vision for the Future Leaner organization focused on core mission Actively engaged partner with collegiate deans Adhering to tighter and better defined service levels, but flexible enough to customize services Transparent costing of services and stewardship Best practices organization in step with change 37
38 Questions?
39 One more important note!
40
41 Thank You!
Update on Facilities Management s Repositioning Plan. January 17, 2018
Update on Facilities Management s Repositioning Plan January 17, 2018 The Challenge: Reduce Operating Budgets by 5% Rather than react to budget uncertainty, Facilities Management proposed an alternate
More informationLeadership Steering Committee Report
Leadership Steering Committee Report Response to Administrative Review of Texas A&M University conducted by PwC The starting point The PwC report recognizes that Texas A&M University is already highly
More informationPresented to the Board of Trustees
Presented to the Board of Trustees 0 July 5, 2016 CSPP Budget Decision-Making Principles & Process The budget planning and development will be guided by the following Board of Trustees approved resource
More informationTHE COLLEGE OF NEW JERSEY STRATEGIC BUDGET PLANNING FISCAL YEAR 2015
THE COLLEGE OF NEW JERSEY STRATEGIC BUDGET PLANNING FISCAL YEAR 2015 Committee on Strategic Planning and Priorities (CSPP) Budget Decision-Making Principles and Process Approved by the Board of Trustees
More informationFinancial Administrator Development Series Sources and Uses of Funds: A Planning Perspective
Financial Administrator Development Series Sources and Uses of Funds: A Planning Perspective David S. Byelich Assistant Vice President and Director Office of Planning and Budgets 1 What is your profession?
More informationFAQs Finance and Budget Modeling Initiative
FAQs Finance and Budget Modeling Initiative Why do we need to create a new budget model? o To improve transparency, to ensure that data drives decision making, and to make strategic decisions based on
More informationWKU Budget Restructuring Plan: Recommendations to President Caboni. WKU Budget Council. February 20, 2018
WKU Budget Restructuring Plan: Recommendations to President Caboni WKU Budget Council February 20, 2018 Executive Summary In the fall of 2017, WKU President Timothy Caboni redefined the responsibilities
More informationComponents of the Implementation Process
This is the eighth monthly report of the progress on implementing the Resource Management Model. Decisions about detailed design of the model were essentially completed by the end of December 2007. The
More informationUNTHSC. Annual Budget Development Process Fiscal Year 2019 Guidelines & Instructions - Spring 2018
UNTHSC Annual Budget Development Process Fiscal Year 2019 Guidelines & Instructions - Spring 2018 INTRODUCTION: The budgeting process at the University of North Texas Health Science Center (UNTHSC) assigns
More informationUniversity Cabinet Outline of Budget Reduction Decisions February 22, 2018
Priorities in Budget Planning Student success Equity and diversity Fiscal stability and good stewardship of resources Shared responsibility and accountability Values (These are summarized from the Values
More informationFinance and Budget Modeling Town Hall. March 27 & 28, 2018
Finance and Budget Modeling Town Hall March 27 & 28, 2018 FINANCE AND BUDGET MODELING TASK FORCE Charge The Finance and Budget Modeling Task Force will create a new budget model that is transparent, data-driven,
More informationCentral Connecticut State University Integrated Budget Model. Pilot Department Overview and Training Session
Central Connecticut State University Integrated Budget Model Pilot Department Overview and Training Session Welcome and Introductions CCSU Budget Current As Is Process Zero-Based Budgeting in Practice
More informationFive-year Financial Plan Orientation
Five-year Financial Plan Orientation Agenda Budget Overview Five-year Financial Plan Initiative Budget Overview Financing the Future The Financial Challenge Ahead Operating budget history Projects for
More informationStrategic Budgeting Workgroup April 4, 2007
Strategic Budgeting Workgroup April 4, 2007 Recap goals Agenda Planned sequence of meetings Today s s objectives 1 1 Recap: Producing flexibility Mandate internal reallocations in units Eliminate or reduce
More informationTransition Review Team Report to President Stearns August 2017
Transition Review Team Report to President Stearns August 2017 In December 2016, the Commissioner of Higher Education sent a memorandum to the campus and the Board of Regents discussing a transition plan
More informationBudget Restructuring, Base Budgets and the Academic Plan
TO: FROM: Deans, Vice Presidents and Department Chairs Ed Ray Executive Vice President and Provost DATE: February 15, 2001 Budget Restructuring, Base Budgets and the Academic Plan Executive Summary In
More informationFocus for the Future: A retrospective outsider view. John Wiencek
Focus for the Future: A retrospective outsider view John Wiencek 1 Genesis: Zero Based Budgeting May 2013 Memo from SBOE staff indicates that the Governor s mandate that all state agencies undergo a zero
More informationAdministrative Services Goals / Objectives * th Quarter Review 30 June 2008 & Annual Program Review
Administrative Services Goals / Objectives * 2007-2009 4 th Quarter Review 30 June 2008 & Annual Program Review VPA MISSION STATEMENT: Facilitate and promote effective student access and success by ensuring
More informationUniversity of Iowa Strategic Initiatives. Budget Task Force. Executive Summary
University of Iowa Strategic Initiatives Budget Task Force Executive Summary The Budget Task Force charge was to, Recommend principles and a process for the distribution of new and reallocated General
More informationFinancial Reporting. University Senate January 22, 2016
Financial Reporting University Senate January 22, 2016 J. Michael Gower Executive Vice President for Finance & Administration and University Treasurer Financial Statements vs. University Budget The annual
More informationOffice of the Academic Senate One Washington Square San Jose, California Fax:
A campus of The California State University Office of the Academic Senate One Washington Square San Jose, California 95192-0024 408-924-2440 Fax: 408-924-2451 At its meeting of February 25, 2002, the Academic
More informationTHE UNIVERSITY OF IOWA Comprehensive Fiscal Report FY 2014
THE UNIVERSITY OF IOWA Comprehensive Fiscal Report FY 2014 Each year, the University of Iowa is required to submit to the Board of Regents, a comprehensive fiscal report which compares actual revenues
More informationUC BERKELEY BENEFITS DECENTRALIZATION SUMMARY OF CAMPUS INPUT
UC BERKELEY BENEFITS DECENTRALIZATION SUMMARY OF CAMPUS INPUT Overview of feedback We consulted with many people across the Berkeley campus over the last few months to solicit feedback and review the draft
More informationCalifornia State University, Los Angeles University Resource Allocation Process for Change CURRENT ALLOCATION MODEL OVERVIEW
Overview California State University, Los Angeles University Resource Allocation Process for Change CURRENT ALLOCATION MODEL OVERVIEW The University Resource Allocation, as defined by Administrative Procedure
More informationBudget Reform Update. Paul Ellinger, Associate Chancellor & Vice Provost Budget and Resource Planning
Budget Reform Update Paul Ellinger, Associate Chancellor & Vice Provost Budget and Resource Planning February 2018 Outline Brief budget model overview Communication plan Principles Major components Timeline
More informationTertiary Education Estate Framework Model
Tertiary Education Estate Framework Model Integrating and automating the campus masterplan process Naomi Nielsen(JLL) Bradley Williamson (Monash University) TEMC Conference September, 2014 Agenda Current
More informationTHE UNIVERSITY OF IOWA Comprehensive Fiscal Report FY 2016
THE UNIVERSITY OF IOWA Comprehensive Fiscal Report FY 2016 Each year, the University of Iowa is required to submit to the Board of Regents, a comprehensive fiscal report which compares actual revenues
More informationIntroduction to the UND s New Budget Model
Introduction to the UND s New Budget Model Existing Budget Model? UND s budget approach has been historical and incremental Meaning: The next year s budget for a unit would be what units got this year
More informationFive-Year Financial Plan (FY2019 FY 2023) 02/23/18
Five-Year Financial Plan (FY2019 FY 2023) 02/23/18 Renewing Our Vow to the Commonwealth Six years ago, we committed to a bold vision for UK- rebuild our campus, grow funds, support faculty and staff, and
More informationUniversity of California, Berkeley
University of California, Berkeley 2 nd Annual Finance Leadership Summit Pauley Ballroom November 29, 2012 Agenda 1 2 3 Campus Financial Vision for the Future UC Berkeley s Evolving Financial Philosophy
More informationSUMMARY OF KEY BUDGET MODEL ISSUES WITH RECOMMENDATIONS
SUMMARY OF KEY BUDGET MODEL ISSUES WITH RECOMMENDATIONS The current budget model used by UM-Flint was developed over several years by the Vice Chancellor for Administration and Director of Financial Services
More information2014 Planning & Budgeting Forum
2014 Planning & Budgeting Forum The Accounting of RCM September 23, 2014 Denver, CO Conference Session Speakers Name Title Contact Details Andrew L. Laws Managing Director (session facilitator) Huron Consulting
More informationJanuary 22, Budget Model Review and Implementation Committee
Progress Report on Design and Implementation of the Resource Management Model Budget Model Review and Implementation Committee Tom Andre Tim Borich Joe Colletti Rick Dark Doug Epperson (Committee Chair)
More informationAdopting a Different Approach to University Budgeting February 10, 2016
Adopting a Different Approach to University Budgeting February 10, 2016 1. Purpose. This document captures the analytical process and decision to change the Northwestern State University budgeting model
More informationDeans and Chairs Retreat
Deans and Chairs Retreat 1. Finance Update 2. Rationalizing Our Financial Landscape Vice Chancellor John Wilton February 2013 Finance Update As you all know, the environment has changed State support declined
More informationUTSA FY 2018 Budget 101 Presentation Foundational
UTSA FY 2018 Budget 101 Presentation Foundational Kathryn Funk-Baxter, Vice President for www.utsa.edu/businessaffairs UTSA Budget Process Current budgeting process overview Overview of Revenue (sources)
More informationGuidelines for Fiscal 2019 Budget Submissions Priority-Based Budgeting
Guidelines for Fiscal 2019 Budget Submissions Priority-Based Budgeting Executive Summary Incremental funding available to Georgia Tech, has not been sufficient to cover the research, instructional, public
More informationChanging Role of the Chief Business Officer (CBO)
Changing Role of the Chief Business Officer (CBO) Mr. Bill Decatur Senior Vice President, Finance and Administration Fall FOCUS Meeting November 13, 2014 Changing Role of the CBO Higher education challenges
More informationFinancial Administrator Development Series Budget Administration. Dave Byelich Brent Johnston Office of Planning and Budgets
Financial Administrator Development Series Budget Administration Dave Byelich Brent Johnston Office of Planning and Budgets 1 What is your profession? Financial Control Planning Innovation Management Building
More information// New Mission and Vision Statements
April 2, 2015 Dear Shareholders, Last year, I ended my letter to you by sharing our goals for 2014: I let you know we would invest in growing our core businesses, opportunistically acquire financial assets
More informationOffice of the Provost University of Illinois at Urbana-Champaign. 3 February 2016
Office of the Provost University of Illinois at Urbana-Champaign BUDGET REPORT GUIDANCE FOR FY17: CTE, DRES, I 3, KAM, KCPA, SPURLOCK, UNIVERSITY LIBRARY, LAW LIBRARY 3 February 2016 The campus finds itself
More informationResource Allocation, Management, and Planning Presentation for Board of Regents
Resource Allocation, Management, and Planning Presentation for Board of Regents April 27, 2018 1 Industry Overview 2 Recent Trends in Budgeting A significant number of institutions have recently decided
More informationCampus Budget Meeting
Campus Budget Meeting Fourteenth in a series March 21, 2016 Today s Meeting Preview of core content Foundation for budget decisions and progress How we got here and challenge in front of us Actions we
More informationBUDGET REPORT GUIDANCE FOR FY19: ACTIVITY-BASED UNITS
Office of the Provost University of Illinois at Urbana-Champaign BUDGET REPORT GUIDANCE FOR FY19: ACTIVITY-BASED UNITS 3 November 2017 The State of Illinois recent budget impasse ended in July 2017. Allocations
More informationAfter participating LEARNING OUTCOME MOVING TO A RESPONSIBILITY- CENTERED BUDGET MODEL
#AIwebcast MOVING TO A RESPONSIBILITY- CENTERED BUDGET MODEL PRINCIPLES OF RESPONSIBILITY-CENTER MANAGEMENT Larry Goldstein Campus Strategies, LLC Larry.Goldstein@Campus-Strategies.com 1 LEARNING OUTCOME
More informationStrategic Budgeting Workgroup
Strategic Budgeting Workgroup November 14, 2006 David Maddox Purpose 1. Evaluate alternatives to move away from incremental budgeting and equip UCSC to fund its most strategically important needs 2. Make
More informationVersion 2.0- Project. Q: What is the current status of your project? A: Completed
Baker College, MI Project: Develop an institutional quality assurance framework to measure institutional effectiveness and drive continuous quality improvement efforts Version 2.0- Project What is the
More informationResponsibility Center Management (RCM) University of Pennsylvania Office of Budget & Management Analysis Fall 2017
Responsibility Center Management (RCM) University of Pennsylvania Office of Budget & Management Analysis Fall 2017 Responsibility Center Management (RCM) Management & Reporting at PENN Internal: RCM is
More informationCampuswide Benefit Decentralization Implementation Process
DRAFT--ISSUE REPORT January 18, 2012 Campuswide Benefit Decentralization 2012-13 Implementation Process TERMINOLOGY Unless otherwise stated, the term unit is intended to refer to the primary campus organizational
More informationTable of Contents. Executive Summary... Overview...
Table of Contents Executive Summary... Overview... iii 1 Delegation of Authority to the Administration... Summary Revenue and Expense by Program... Summary Revenue and Expense by Account... Operating Resources
More informationFacilities & Services Budget Hearing Utilities. New Mexico State University
Facilities & Services Budget Hearing Utilities Utilities Department Funding Scheme The Utilities Department operates as an Internal Service (IS) which means that we do not operate with the same I&G funds
More informationResource Allocation, Management, and Planning Steering Committee #7
Resource Allocation, Management, and Planning Steering #7 August 28, 2018 1 Agenda Huron is pleased to partner with WKU on this resource allocation, management, and planning ( RAMP ) initiative. Our goals
More informationUnlocking the potential of Finance for insurers
Unlocking the potential of Finance for insurers Contents 1 Executive summary 2 Increasing role of Finance 3 Setting a strategic vision 5 Developing a roadmap for change 6 Potential benefits of Finance
More informationPOLICIES. Austin Peay State University. Budget Principles and Control
Page 1 Austin Peay State University Budget Principles and Control POLICIES Issued: March 30, 2017 Responsible Official: Vice President for Finance and Administration Responsible Office: Office of Budget
More informationF96-4 THE BUDGET PROCESS AT SAN JOSE STATE UNIVERSITY
Page 1 of 5 F96-4 THE BUDGET PROCESS AT SAN JOSE STATE UNIVERSITY Legislative History: At its meeting of December 9, 1996, the Academic Senate approved the following Policy Recommendation presented by
More informationDepartmental Base Budget Overview
Index 4R1011 - Research Reserve 6,536 5,771 66,121 0 0 0 0 0 0 0 0 Index 4R1320 VPR Support An Resource Ctr 0 0 0 0 0 0 0 0 0 0 235,046 Prior to Fiscal Year 2008 the central Overhead Costs that the Vice
More informationEffectiveness and Efficiency Accountability Report of the University of Missouri System. Fiscal Year 2011
Effectiveness and Efficiency Accountability Report of the University of Missouri System Fiscal Year 2011 January 25, 2012 Efficiencies and Effectiveness Report Fiscal Year 2011 UM Since 1998, the University
More informationOffice of Planning & Budgeting FY18 Budget Development Administrative Unit Name:
Office of Planning & Budgeting FY18 Budget Development Administrative Units Administrative Unit Name: Office of Planning & Budgeting, Executive Office Please complete this Word document and the accompanying
More informationFinancial Management Guidelines and Procedures
The financial position and future of the Colorado School of Mines is dependent on several variables including enrollment, research growth, changes in industry demand, and competing institutions at the
More informationRestoring the Dream: Renewing Pride and Stewardship of Place
Strategic Plan Assessment Pathway 5 Restoring the Dream: Renewing Pride and Stewardship of Place November 8, 2017 Stewart Harvey, Executive Director, Facilities & Capital Management Services Pathway 5
More informationThe College of New Jersey
The College of New Jersey Operational Excellence Cost Savings and Revenue Enhancements Fiscal Years 2013-2015 The College of New Jersey Strategic Plan TCNJ s Strategic Plan reflects the need to make difficult
More informationTHE UNIVERSITY OF IOWA Comprehensive Fiscal Report FY 2016
THE UNIVERSITY OF IOWA Comprehensive Fiscal Report FY 2016 Each year, the University of Iowa is required to submit to the Board of Regents, a comprehensive fiscal report which compares actual revenues
More informationBudgeting for Small Schools
Budgeting for Small Schools College Business Management Institute July 2017 Presented by Lisa Marie McCauley, Ed.D, CPA Senior Vice President for Finance Middle States Commission on Higher Education Chief
More informationAn Overview: Responsibility Center Management (RCM) Treasurer s Town Hall January 15, 2015
An Overview: Responsibility Center Management (RCM) Treasurer s Town Hall January 15, 2015 Common University Budget Models EVERY TUB ON ITS OWN BOTTOM INCREMENTAL FORMULA-BASED RESPONSIBILITY CENTER MANAGEMENT
More informationFrequently Asked Questions (FAQs) about NKU s New Budget Model
Frequently Asked Questions (FAQs) about NKU s New Budget Model Philosophy and guiding principles Why did NKU need a new budget model? Internal and external factors pointed to the need for a more flexible,
More informationUniversity Planning Phase 1. Organizational and Process Enhancements
University Planning Phase 1 Organizational and Process Enhancements October 31, 2008 Today s Agenda Background, Vision, Goals Guiding Principles University Planning Proposed Organizational Structure Operating
More informationNew Mexico Highlands University Annual Operating Budget Process. approved Fall 2016
New Mexico Highlands University Annual Operating Budget Process approved Fall 2016 Appendix I added Spring 2017 2 Table of Contents Introduction... 3 NMHU Budget Values and the NMHU Strategic Plan... 4
More informationAuditor s Letter. Timothy M. O Brien, CPA Denver Auditor Annual Audit Plan
2017 Audit Plan Office of the Auditor Audit Services Division City and County of Denver Timothy M. O Brien, CPA Inside: Planned Audits Plan Description Audit Selection Process Auditor s Authority credit:
More informationUPBC Report University Planning and Budget Committee President Zulma Toro Faculty Senate Budget Proposal Recommendations
UPBC Report 2016-2017 FROM: TO: CC: RE: University Planning and Budget Committee President Zulma Toro Faculty Senate Budget Proposal Recommendations DATE: March 7, 2017 As you know, there were two significant
More informationA New Academic Business Model for UMass Dartmouth
Resourcing the Mission A New Academic Business Model for UMass Dartmouth Budgetary Planning Council 2016 Public Higher Ed in the 21 st C The situation The social compact has been compromised Resulting
More informationSalt Lake Community College Informed Budget Process Final Report FY 2014
Salt Lake Community College Informed Budget Process Final Report FY 2014 Prepared by the Budget Office July 2014 1 Introduction The College continually considers the adequacy of financial resources in
More informationI. Background. Budget Advisory Council
Office of the Vice President for Finance & Business Operations 330.941.1331 Fax 330.941.1380 University Budget Process Updated 1/17/18 I. Background Youngstown State University s annual operating budget
More informationMICHAEL BERTHELSEN, M.A.
MICHAEL BERTHELSEN, M.A. SUMMARY As a senior executive for the University of Minnesota, Michael leads the University Services divisions. His business approach includes focusing on strategy, improving customer
More informationFSU Board of Trustees Finance Subcommittee Agenda Athletic Center, PCR2 March 16, 2017
FSU Board of Trustees Finance Subcommittee Agenda Athletic Center, PCR2 March 16, 2017 FY2018 Budget Development Discussion Context and initial parameters identified to inform development of the FY2018
More informationNew Jersey Institute of Technology
New Jersey Institute of Technology Budget Presentation to the Faculty Senate FY17 Budget Highlights FY17 Budget Status Status of Business Process Improvements Budget Development Calendar November 10, 2016
More informationUW-Platteville Pioneer Budget Model
UW-Platteville Pioneer Budget Model This document is intended to provide a comprehensive overview of the UW-Platteville s budget model. Specifically, this document will cover the following topics: Model
More informationFACULTY COMPENSATION PLAN THE UNIVERSITY OF TEXAS MEDICAL BRANCH (UTMB) SCHOOL OF HEALTH PROFESSIONS (SHP)
FACULTY COMPENSATION PLAN THE UNIVERSITY OF TEXAS MEDICAL BRANCH (UTMB) SCHOOL OF HEALTH PROFESSIONS (SHP) I. COMPENSATION PLAN INTRODUCTION, PURPOSE AND OBJECTIVES A. Introduction The UTMB SHP Compensation
More informationReforms to Victoria s native vegetation permitted clearing regulations
Reforms to Victoria s native vegetation permitted clearing regulations Outline 1. Background to native vegetation regulation 2. Reforms to Victoria s native vegetation permitted clearing regulations 3.
More informationErica Bowers, Ed.D. Chair, Planning, Resource, and Budget Committee (PRBC)
MEMORANDUM Date: May 5, 2016 To: From: Mildred García, Ed.D. University President Erica Bowers, Ed.D. Chair, Planning, Resource, and Budget Committee (PRBC) Subject: PRBC Recommendations for FY 2016-17
More informationCamden County College Fiscal Year 2016 Final Operating Budget
Camden County College Fiscal Year 2016 Final Operating Budget Fiscal Year 2016 Operating Budget OVERVIEW The College budget proposal totals $66,596,461. This is $3,517,908 less than the revised budget
More informationFourth Report of the Budget Model Development Committee
INTRODUCTION This (BMDC) has resulted from over a year of investigating models of budget development and resource management in higher education. The goal of this study is to propose a new approach to
More informationTwo-Year Program Facilities Management Capital Renewal & Deferred Maintenance
Two-Year Program Facilities Management Capital Renewal & Deferred Maintenance Table of Contents I. Program Mission Statement...3 II. Program Executive Summary...3 III. Primary Customers/Stakeholders...4
More informationFinance Reform. Speaker Series March
Finance Reform A new metrics-informed financial model designed to improve transparency, align incentives with campus goals, and simplify our planning and management environment http://budget.berkeley.edu/financereform
More informationFY 2016 BUDGET RUTGERS NEWARK
RUTGERS SCHOOLS Office of Budget and Resource Studies January 29, 2016 Office of Budget and Resource Studies 33 Knightsbridge Road Piscataway, NJ 08854 budget.rutgers.edu p. 848-932-7472 f. 732-445-3579
More informationSacramento City College
Sacramento City College Strategic ning System Title: Type: OPR: Collaborative Groups: References: Unit Procedures Unit (Departments, Divisions and/or Direct Reporting ) Academic Senate Budget Campus Development
More information2017 Annual Financial Report
2017 Annual Financial Report Consolidated Financial Statements as of and for the Years Ended June 30, 2017 and 2016, Independent Auditors Report, and Management s Discussion and Analysis 3 Independent
More informationTHE UNIVERSITY OF IOWA Comprehensive Fiscal Report FY 2015
THE UNIVERSITY OF IOWA Comprehensive Fiscal Report FY 2015 Each year, the University of Iowa is required to submit to the Board of Regents, a comprehensive fiscal report which compares actual revenues
More informationBudgeting and Planning Process as of FY17
Budgeting and Planning Process as of FY17 Summary The budget is an important annual planning document for the university and reflects choices, priorities and tactics set forth as the result of intensive
More informationBudget Kickoff Fiscal Thursday, March 14, 2019 Scheller College of Business
Budget Kickoff Fiscal 2020 Thursday, March 14, 2019 Scheller College of Business Meeting Outline 1. FY 19/20 Budget Update/Outlook 2. FY 20 Budget Preparation 3. onebudget 4. Recent Budget Policy Changes
More informationBudget Model Redesign Initiative
Budget Model Redesign Initiative University Initiative Update October 17, 2016 Bannatyne Campus October 18, 2016 Fort Garry Campus Context and Initiative Background Increasing financial constraints Costs
More informationUNIVERSITY OF KANSAS Office of Institutional Research and Planning
11/18 TABLE 8-101 Classified Service Estimated Base and Fiscal Year Unclassified Base Student Salary 1968 6.0% 1969 6.0 Data not available 1970 6.0 1971 6.0 0.0% 5.0% 5.0% 1972 0.0 0.0 5.0 5.0 0.0% Other
More informationIntroduction. Recommendations:
Introduction Thank you for allowing the Operating Budget Review Committee the opportunity to provide the Board with recommendations for the proposed FY 2018 HCPSS operating budget. The current OBRC was
More informationFY2017 Budget Discussion Administrative Council Presentation April
FY2017 Budget Discussion Administrative Council Presentation April 6 2016 2015 Boise State University 1 2016-17 General State Appropriations College and University Allocation BSU ISU UI LCSC Systemwide
More informationNORTHWESTERN STATE UNIVERSITY Budget Development. Budget Model
VII-2 Budget Development NORTHWESTERN STATE UNIVERSITY Budget Development Budget Model The Planning, Programming, and Budget Execution (PPBE) model best fits the University s Budget Development. This model
More informationFiscal Years Financial Plan
Fiscal Years 2017-2022 Financial Plan 1 FY 2017 Operating Budget Highlights FY2017 Operating Budget Highlights FY2017 budget ended with a surplus of $1.6M, most of which will be used to fund the multi-year
More informationOpen Budget Forum January Biennium
Open Budget Forum January 2009 2009 2011 Biennium Table of Contents Eastern Washington University Open Budget Forum January 2009 Agenda...1 Governor s Budget Proposal Overview A-1 A-4 Governor s Budget
More informationPOLICY RECOMMENDATION THE PLANNING AND BUDGET PROCESS AT SJSU
A campus of The California State University Office of the Academic Senate One Washington Square San Jose, California 95192-0024 408-924-2440 Fax: 408-924-2451 S05-10 At its meeting of May 9, 2005, the
More informationBudget Model Assessment
Budget Model Assessment An Update on the Activities of the Joint Task Force on Resource Allocation Co-chairs: Elizabeth Chilton and Tim Anderson January 30 th, 2014 JTFRA Charge The Joint Task Force on
More informationWinning Financial Wellness Strategies
Winning Financial Wellness Strategies Dean Clune & Michael Levin Arthur J. Gallagher Retirement Plan Consulting Current Diocesan Retirement Landscape 2 Current Diocesan Plan Environment Retirement Plan
More informationCollege Dean Budget System Survey Fisher College of Business
Introduction and Background College Dean Budget System Survey Fisher College of Business This survey is being distributed by the Provost s Budget System Advisory Committee to all college deans to obtain
More information