Ad-Hoc Budget Planning Team
Timeline
Jan. 30: All departments send budget proposals to the Budget Planning Team. Academic departments and programs will examine their operating budgets for any non-essential expenditures. Administrative units may be able to identify still greater economies than those promised to the Working Group on Stewardship and Cost Containment. Key questions departments should ask include:
- Which activities are indispensable to the core goals? Which are useful but not essential?
- Where can we combine positions or maximize the use of existing positions? Where, if necessary, could we eliminate positions?
- Are there other ways to reduce the cost of operation?
Early February: The Budget Planning Team makes recommendations on tuition and the financial aid budget, and presents a preliminary report to the Board of Trustees at its February meeting.
May: A complete plan is presented to the Board of Trustees.