Implementation of the Resource Management Model

FY2010 -- the "First Year"

The FY2010 budget will be developed using the Resource Management Model's principles and procedures during FY2009. For the major administrative and support units, this will involve working with the appropriate advisory committee to develop an expense budget that is allocated to all units. For the Resource Responsibility Centers, this will involve developing both expense budgets and revenue budgets using the FY2009 budgets as a starting point. The University Budget Advisory Committee will provide planning parameters on revenue and expense growth to guide this process. Tuition revenue projections will be based on expected enrollment and student credit hours at the college level.

The "Base Resource Management Fund", as determined in FY2009, will be the starting point for determining the FY2010 Resource Management Fund. In FY2010, the amount of the Resource Management Fund that is distributed to each Resource Responsibility Center may be adjusted from the "Base Resource Management Fund" as a result of decisions made by the President and Executive Vice President.

The Resource Management Model is fully implemented in FY2010, so fluctuations in revenue and/or expenses will be managed entirely by individual Resource Responsibility Centers and major administrative and support units. If there are catastrophic, uncontrollable, university-wide fluctuations in revenues and/or expenses during the year, university leadership may intervene to manage the institutional funding shortfall centrally.