Boise State Budget Modernization

Process Values for the Budget Modernization Initiative

Our planning, discovery, development, implementation and maintenance will:

• Champion a whole-university, or one Boise State, perspective
• Support the work of the university’s strategic goals, the Blueprint for Success
• Strive for transparency in communications and engagement with stakeholders
• Cultivate knowledge building and change facilitation for the university community
• Honor the expertise and experience across all university divisions
• Emphasize broad-based participation and collaboration

New Budget Model Guiding Principles

• Develop a simple, flexible and adaptable model that is straightforward to implement and operate.
• Advance the Blueprint for Success goals and the university’s role as a public good, and be an excellent steward of public funds.
• Balance the university’s mission, innovation, entrepreneurship, and long-term institutional stability.
• Enable informed and forward-looking decision-making to align academic and administrative budgets.
• Advance transparent and local decision making, accountability, and financial sustainability across “all areas, all funds” budgeting.
• Improve institutional fiscal literacy across the university community.
• Utilize a system of strong governance and shared rewards.
• Encourage strategic, efficient, and effective uses of physical, financial, technological, and human resources for all services, programs and curricula.
• Prioritize incentives across the university for student success in undergraduate and graduate education; high quality academics, research and creative activity; and financial sustainability for all units.
• Promote interdisciplinary scholarly and teaching partnerships and revitalization of existing programs.

UBM Governance Principles

• One University perspective: Prioritize decisions that benefit the University as a whole and support the University’s mission and strategic goals;.
• Transparency: Implement open UBM policies and processes that are widely available;
• University-wide engagement: Incorporate representative and relevant campus participation across academic, administrative, and auxiliary units and positions; 
• Clear and consistent communication: Foster continued clear communication channels across the campus community to ensure accuracy and consistency;
• Predictability: Apply rules and policies in a consistent manner that enable reasonably accurate predictions of the consequences of operational and investment decisions;
• Information rich decision-making: Engage in decision-making that is informed by data and the subject matter expertise of campus stakeholders at all levels;
• Sustainability: Adopt a sustainable approach that includes some measure of flexibility to address changes in external realities and support the long-term success of the University and its units;
• Mitigation: Reduce potential negative impacts, through perverse incentives or unintended consequences, on students’ success, academic quality and rigor, and research and creative activity endeavors.