Spring Break
New university budget model ready for 2009
UMKC's dollar decisions - past, present and future
Derek Simons
Issue date: 12/1/08 Section: News
After more than two years of work, the University Budget Committee (UBC) has defined a new set of guidelines dividing up the general revenue from tuition and state funding.
The new University Budget Model (UBM) is ready for implementation in fiscal year 2009.
UBC Chair Tony Luppino, School of Law, presented an overview of the plan to the UMKC Faculty Senate Nov. 18 explaining how funds have been allocated in the past, what issues these methods brought up and how the UBC has attempted to give a more structured and fairer division.
This, according to the UBC, will provide greater predictability for future funding and, in turn, help the various academic units in long-term planning.
The new UBM will be phased in over the next four years giving some of the schools, whose funds may decrease, time to adjust.
In the current fiscal year, general revenue totals approximately $180 million, according to Luppino. There are other funds, such as the $10 million in student fees, revenue recovered from research grants and tuition from the Continuing Education program, but these sums will not be affected by the new UBM.
Of the $180 million, $98 million is from tuition and $82 million from state funding.
"This is the primary funding for the 11 academic units," Luppino said.
He added it also pays for administrative and support functions, the libraries, graduate studies and some other "central needs," such as paying off the bonds on the old Twin Oaks structure in the next four years.
"The question is: How do we fairly divide up the $180 million and why did anyone want to change from how it was done in the past?" Luppino said.
The UBC examined past practices and found some surprising results, he said.
"At first blush, it looked kind of odd and suggested … that a lot our budget was done year-by-year negotiating off of last year's numbers. And whoever negotiated the best accumulated. Bailey came out of a pretty systematic funding process on Texas campuses - he wanted to see something a little bit more formal."
The new University Budget Model (UBM) is ready for implementation in fiscal year 2009.
UBC Chair Tony Luppino, School of Law, presented an overview of the plan to the UMKC Faculty Senate Nov. 18 explaining how funds have been allocated in the past, what issues these methods brought up and how the UBC has attempted to give a more structured and fairer division.
This, according to the UBC, will provide greater predictability for future funding and, in turn, help the various academic units in long-term planning.
The new UBM will be phased in over the next four years giving some of the schools, whose funds may decrease, time to adjust.
In the current fiscal year, general revenue totals approximately $180 million, according to Luppino. There are other funds, such as the $10 million in student fees, revenue recovered from research grants and tuition from the Continuing Education program, but these sums will not be affected by the new UBM.
Of the $180 million, $98 million is from tuition and $82 million from state funding.
"This is the primary funding for the 11 academic units," Luppino said.
He added it also pays for administrative and support functions, the libraries, graduate studies and some other "central needs," such as paying off the bonds on the old Twin Oaks structure in the next four years.
"The question is: How do we fairly divide up the $180 million and why did anyone want to change from how it was done in the past?" Luppino said.
The UBC examined past practices and found some surprising results, he said.
"At first blush, it looked kind of odd and suggested … that a lot our budget was done year-by-year negotiating off of last year's numbers. And whoever negotiated the best accumulated. Bailey came out of a pretty systematic funding process on Texas campuses - he wanted to see something a little bit more formal."
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