Implementing Strategic Budgeting Models for Colleges and Universities, by James A. Hyatt, CSHE 14.20 (December 2020)

Abstract: 

This article is a follow-up to a recent ROPS article on strategic budgeting at colleges and universities. In recent years, several colleges and universities have explored alternative strategies for developing operating budgets. In part, this exploration was driven by the desire for transparency among various constituent groups and the need to tie budgeting to campus strategic planning. While developing a new budgeting process can be a very intense and involved process, the ability to implement a new budget process requires the same level of commitment and involvement. A successful implementation process involves an effective communication process combined with training and the commitment of senior campus leadership.

Author: 
James A. Hyatt
Publication date: 
December 15, 2020
Publication type: 
Research and Occasional Papers Series (ROPS)