Operating Cycle with the Resource Management Model

Process for Operating Cycle FY09

The processes for use during the operating cycle for the current fiscal year were developed during budget development.

Central Activities

The Executive Vice President and Provost is responsible for Iowa State University's budgeting process. Information for making decisions on the budget is provided to Elizabeth Hoffman in a variety of ways:

• Virtual Budget Office

The Virtual Budget Office at Iowa State University is described in this article.

• University Budget Advisory Committee

The University Budget Advisory Committee advises the Executive Vice President on budget matters, including the advice provided by five other advisory committees. Details on the committees are available.

• ISU Senior Leadership Group

The Iowa State University Senior Leadership Group was created in October 2007. Members are the college deans, vice presidents and administrators in the Office of the Executive Vice President and Provost.

• Financial Officers Group

The Financial Officers Group was created in December 2007. The Financial Officers Group is comprised of financial staff across divisions. Its purpose is to explore the broader policy and management changes that are part of the transition to the Resource Management Model. Financial Officers Group members and meeting schedule for 2008-09.

Board of Regents

• Tuition and Mandatory Fee Requests for FY2009
• Mathematics and Science Education Collaborative Initiative
• Competitive Salary Compensation
• Growing the Bioeconomy in Iowa