A budget model is the framework that explains how revenues are generated, how costs are assigned, and how resources are distributed across the institution.
No. The initial work focuses on understanding and designing the framework. Any implementation would follow separate planning, transition, and governance processes.
No. Academic decision-making authority remains with academic leadership and faculty governance. The budget model is designed to improve transparency and understanding of how resources are allocated so that academic leaders are better supported in making those decisions, not to replace or redirect them.
Stability and predictability are key design considerations. Transition mechanisms and smoothing tools will be evaluated as part of implementation planning.
Research support and incentives are explicit design considerations and will be addressed transparently.
This website will be updated regularly, and major milestones will be shared with campus leadership and the broader community.