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PBAC - Mission Possible

This document discusses the crucial relationship between budgeting and an institution’s mission, emphasizing how a well-structured budget serves as a roadmap toward achieving strategic goals. It examines how incorporating interest-based, mission-driven budgeting processes can enhance organizational effectiveness and improve accountability. Key internal committees play a vital role in shaping the budgeting process. By fostering a culture of openness and timely decision-making, institutions can better allocate limited resources and drive student success. The discussion encourages collaborative exploration of changes needed for a more responsive budgeting approach.

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PBAC - Mission Possible

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  1. PBAC - Mission Possible 29 June 2011

  2. What does our budget say about us? “A budget is a map guiding an institution on its journey in pursuit of its mission.” “An astute observer should be able to learn a great deal about an organization merely by reviewing the budget.” Larry Goldstein

  3. Finding Institutional Perspective • Institutionalize a budget and planning process that is interest-based and mission driven. • Are results tied to a strategic plan and do we measure outcomes to include accountability? • At an operational level, how do we utilize and schedule our limited resources? • Is the decision making process timely?

  4. Factors Affecting the Budget Process • Institutional Character • Involvement • Openness of the Process • Decision Making Authority

  5. Internal Driving Forces • Project Evaluation Committee • President’s Budget Advisory Committee • President's Advisory Committee • Faculty Staffing Committee • Strategic Planning Advisory Committee • Project Management Team • Fund 2 Student Services Committee • Executive Leadership Team • President

  6. Funding Opportunties • Operational (Fund 110) • Student Activities (Fund 230) • Auxiliary funds (Fund 230) • Course Fee (Fund 250) • Capital (Fund 710) • Prop 301 Grants

  7. Group Assignment • Develop an institutional process where all components of the budget are tied to planning and implementation. • We have an opportunity to change our culture and the way we make decisions which foster student success!

  8. Question • If we want to be more effective & responsive what do we need to change? • There are no wrong responses. • You will need one scribe and a presenter. • You have 20-30 minutes. • Discuss findings & document common ground.

  9. Mission Critical

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