April 3, 2019
Update on shadow year of new budget model
Dear K-State Community,
Since the new budget model was launched in August much has been accomplished. Colleges and units have been working through the model to understand how to strategically leverage its incentives.
Wehave established the oversight structure of the new model. The 1xbet online casino Budget Planni and its Revenue and 1xbet online casino Center Working Groups have been hard at work at completing their shadow year tasks. These groups are working on the development of processes to review 1xbet online casino Center and Revenue Center funding requests. Additionally, progress has been made on the development of a process for benchmarking the budgets of 1xbet online casino Centers to peer institutions. Once completed, all recommendations will be forwarded to the Core Executive Team for consideration. Once approved, further communications will be provided to university leadership and in a future K-State Today article.
Based on the work of the 1xbet online casino Center Working Group, and approval by the Core Executive Team, we are moving forward with a phased implementation of the development of 1xbet online casino Level Agreements, or SLA, with all 1xbet online casino Centers. SLAs are intended to clearly articulate the levels and types of services funded by General Use dollars and provided by our 1xbet online casino Centers. This helps to communicate to campus the level and types of services provided and explains why additional levels of services requested by campus units may result in an additional charge.
An SLAalso will assist the 1xbet online casino Center Working Group in defining levels of benchmarking when comparing our 1xbet online casino Centers to peer institutions. It also will play a role in understanding the impact of growing or reducing funding to 1xbet online casino Centers and the impact on the level of 1xbet online casino that can be provided.
The Division of Communications and Marketing, Human Capital Services, Information Technology Services, and the Division of Facilities are the 1xbet online casino center units included in the initial implementation phase. These units will complete an SLA and submit it to the 1xbet online casino Center Working Group where it will be reviewed. It is anticipated that these SLAs will be completed and posted to the Budget Modernization Project website at the beginning of the fiscal year.
To aid in the understanding of the new budget model, I am pleased to announce several learning opportunities in April. Eric Higgins, professor and associate dean of the College of Business Administration, 1xbet online casino provide two sessions to interested deans and department heads who wish to better understand how to leverage the financial rewards of the new model as well as cultivating a culture of entrepreneurship which 1xbet online casino further leverage the benefits of the model.
Dr. Higginsalso 1xbet online casino provide a third training for anyone who is interested in how faculty and staff can contribute to the success of the university through the new budget model. No prior knowledge of the budget model is necessary. The training 1xbet online casino take placefrom 10-11:30 a.m. Wednesday,April 24,inTown Hall at the Leadership Studies Building. The training 1xbet online casino be accessible via Zoom.
I wish to thank the members of the 1xbet online casino Budget Planning Team as well as Dr. Higgins for all of their hard work this semester.
Sincerely,
Charles Taber
Provost and Executive Vice President