Strategic Budgeting at Colleges and Universities by James A. Hyatt CSHE 3.20 (May 2020)


In recent years a number of 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. With the advent of declining federal and state support, along with changing student demand, the need for a more strategic approach to budgeting has gained momentum. This paper highlights the various budgetary approaches currently in use and provides examples of their application in a variety of university settings. Particular emphasis is given to the process by which universities develop new models.

Keywords: Higher Education Finance; Strategic Planning; Budgeting  

James A. Hyatt
Publication date: 
May 11, 2020
Publication type: 
Research and Occasional Papers Series (ROPS)