Guiding principles
There are five guiding principles for the development of ÌÇÐÄÊÓÆµâ€™s budget model. These are considered in every decision throughout the development and implementation process. Additional principles will guide the design process for the budget model.
ÌÇÐÄÊÓÆµâ€™s budget model will:
- support the academic goals of the institution through the alignment of resources to priorities as outlined in university planning documents;
- be transparent;
- provide a predictable and sustainable framework for budget planning;
- provide performance incentives and ensure accountability; and
- provide for clear and straight forward allocation methodologies.