What oversight mechanisms will be needed to ensure cooperation and prevent undesirable behavior under the proposed budget model?
Recommendation: Any institution of higher education requires strong leadership and coordination to carry out its mission and achieve its strategic goals regardless of its budget model. Current policies will need to be reviewed in light of the proposed model. Existing coordination and oversight mechanisms may currently be adequate in some areas and may need to be strengthened in other areas. It will be important for the administration to work with the Faculty Senate, P&S Council, and other groups to ensure that the university’s policies and oversight mechanisms are appropriate for its budget model, mission, and strategic goals.
