Phase I
A working group comprised of Campus and UA finance leaders leads the effort to review the current University Administration (UA) Assessment and its allocation.
The review began in the summer of 2023. Representatives from all campuses whose work focuses on finance and budget-related work collaborated with UA finance staff to review data sets, methods, models and potential impacts of a new allocation methodology. Student enrollment, faculty and staff counts, research data points, space at each campus, and campus expenses were all metrics used during this review.
During Fiscal Year 2025 budget development, the working group reviewed the current UA Assessment and proposed a new allocation methodology. The updated allocation will be ready for use in Fiscal Year 2026 and will be a data driven, replicable, transparent model that campuses can more easily understand.
Information about the new UA Assessment methodology will be shared when the final approach has been agreed upon.
Phase II
Phase II of the initiative focuses on each campus working to redesign its current budget model to modernize budget planning and management. Since the summer of 2024, each campus has created working groups to assess and review the current budget model, offer redesign options for campus stakeholders to consider and themes for future budget model consideration, and eventually support the full implementation of the updated model.
Due to the significant changes that could occur at the campus level, campuses are taking a Fiscal Year based approach in the timing of the budget redesign work:
- Fiscal Year 2025: Assess, review, and develop conceptual budget models to test during Fiscal Year 2026.
- Fiscal Year 2026: Use the current campus budget model in parallel with the proposed budget redesign model to assess its impact on the campus, work through issues, concerns, or changes necessary, and improve the model for full implementation. In addition, campuses will review processes, practices, policies and budget management to align to the new proposed budget model.
- Fiscal Year 2027: This is the earliest campuses would fully implement the new budget model. Implementation may occur in a future fiscal year based on the campus assessment and review of the new budget model.
Timelines
Select a campus below to view a detailed process timeline.