Since this change in funding model has created “winners” and “losers,” have department or school budgets been adjusted and will they be adjusted in the future?
Charges to some departments or schools for core services will be less than they were under the prior methodology. Others will be charged more than in the past. Therefore, Central Administration adjusted the centrally-appropriated budgets at the start of FY2006 to account for increased or decreased charges to centrally-appropriated budgets for core services. The adjustment amounts were incorporated into the FY2006 detailed budget preparation materials. Central Administration only expects to adjust centrally-appropriated budgets in this manner for FY2006. Future changes to these budgets will be driven by rate changes (e.g., if rates increase 2%, generally those budgets would be increased 2%), as approved by the Budget Planning Group.
Related Questions
- Since this change in funding model has created "winners" and "losers," have department or school budgets been adjusted and will they be adjusted in the future?
- If a department or school headcount expands, will its budget be adjusted accordingly?
- If a department or school headcount expands, is its budget adjusted accordingly?
