Campus Budget and Budgeting Reform Process
- The campus must be proactive in response to the state’s current budget impasse and the reduced financial capacity of the state to support higher education over the longer run.
- Based on feedback from the Council of Deans and the Campus Budget Advisory Task Force, the Office of the Provost has committed to leading a comprehensive reform of the current budgeting process.
- Currently the expectation is that developing and implementing a new campus-wide budgeting process will take 24-36 months.
- Actions underway at the present time include:
- Budget planning to respond to the lack of current year (FY16 and FY17) funding from the state
- Launching for a campus-wide budgeting reform initiative aimed at positioning the campus to operate with reduced reliance on state funding going forward.
- Provost Feser recently made a series of public presentations regarding the budget:
- A new comprehensive campus budget reform web site is under construction and will provide a central source of information about actions, plans, and decisions we make about budgetary issues.
Information about the current budget
- The State of Illinois has not yet passed a budget for the fiscal year (FY16) that began on July 1, 2015, or the current fiscal year (FY17) that began on July 1, 2016.
- The university has been able to continue operations by careful use of alternative revenue sources and through aggressive reductions totaling approximately $50 million in FY16 and $18 million in FY17.
- Inside Illinois story
Planning and guidance for FY17 budget
- Guidance released for FY17 budget planning asked units to outline scenarios of further reductions ranging from 3 to 9 percent.
- Unit plans were reviewed by the Office of the Provost or by the Dean’s Budget Committee, depending on whether they were academic or administrative in nature. Unit plans will be made available to the Council of Deans and the Campus Budget Advisory Task Force (CBATF).
- The Office of the Provost will developed an FY17 budget plan, in consultation with the Council of Deans and the CBATF, and will then present a final budget plan to the entire campus.
- This year’s (FY17) budget guidance was designed specifically to begin the transition toward a new, more transparent budget process that is more effective in supporting innovation and decision making in colleges and administrative units across the campus.
Campus Budget Advisory Task Force (CBATF)
- Information regarding the Campus Budget Advisory Task Force (CBATF):
Previous Work on Campus Budgeting
Over the last five to ten years, work has been conducted by various governance bodies and ad hoc committees charged with considering revisions to the campus budgeting approach, budgeting principles, and the tuition allocation model. The current reform effort will take that work into consideration. Prior reports and analyses include: