1 / 15

Joint Planning, Budget, and Program Review and Assessment Meeting

Joint Planning, Budget, and Program Review and Assessment Meeting. January 24, 2008. Purpose and Goals. Integration of Budget, Planning and Assessment Building a Minnesota State Reallocation Process. Historical Trends. Enrollment State Allocation and Tuition Changes in CPI Index

natalya-penda
Télécharger la présentation

Joint Planning, Budget, and Program Review and Assessment Meeting

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Joint Planning, Budget, and Program Review and Assessment Meeting January 24, 2008

  2. Purpose and Goals • Integration of Budget, Planning and Assessment • Building a Minnesota State Reallocation Process

  3. Historical Trends • Enrollment • State Allocation and Tuition • Changes in CPI Index • Staffing Levels • Square Footage

  4. Minnesota State University, MankatoFY78-FY07 Fall Headcount

  5. Minnesota State University, MankatoFY99-FY08 FYE Students

  6. Minnesota State University, MankatoFY91-Est FY09 General Fund Revenue

  7. Minnesota State University, MankatoChanges in Consumer Price Index

  8. Minnesota State University, MankatoFY95-FY07 Staffing Levels

  9. Minnesota State University, MankatoChanges in General Fund Square Footage

  10. Planning/Budget Considerations How much growth is required to balance budget? How much new budget is needed to fund growth? - Enrollment Management Funding Model Can we accomplish the second issue while still balancing the budget? Will reallocation be required to accomplish both objectives?

  11. Discussion of Key Concepts(Definitions) • Fiscal Years • Reallocation • Reduction • Enrollment Choices

  12. Reallocation Model DevelopmentBrainstorming • Higher Education Reallocation Models • University of Michigan • Washington State University • Brigham Young University • Levels of Reduction • Elements of the Model

  13. Reallocation Models • University of Michigan • Forced 2% reallocation each year • All areas receive 98% of prior year budget • 2% set aside for Strategic Investments • Washington State University • Areas submit 3% Reduction and 3% Investment Plans • Highest Priority Investments are funded by Lowest Priority Reductions • Brigham Young University • Areas submit requests for new base funding from central pool • Any new funding requires an equal match from the division’s current base budget

  14. Group Discussion Questions • What type of processes could be developed to identify target areas for reallocation? How do you make hard reallocation decisions in a shared governance model? • Are there potential areas within the budget that could be reviewed to positively impact the overall budget? • What are some examples of processes which could be reengineered to create savings for strategic reallocation?

More Related