Budget Guidelines

BUDGET DEVELOPMENT GUIDELINES
FISCAL YEARS 2012 and 2013

Presented at the Dec. 6 Town Hall Meeting

[The following is a]framework for developing the two-year FY2012-13 budget.

[Based on o]bjectives planned for the third and fourth years of the university’s strategic plan...

Some initiatives [below] require new funding, others may involve redeployment of existing resources.

Approved by the Board of Trustees in November 2010

1.AU Strategic Plan: objectives and targets to be aligned with two-year budget.

2. Pricing: 3.0% - 5.0%. Market-driven pricing for residence halls, WCL and business graduate programs.

3. Enrollment
-Market demands, selectivity and diversity, quality instruction and student experience.
-Competitive pricing, creative marketing and distance learning.

4. Academic Programs
- Expand graduate programs
- Revitalize Washington Semester programs and expand professional development and training programs
- Strengthen research functions to support high scholarly productivity among faculty

5. Competitive Faculty and Staff Salary and Benefits

6. Financial Aid, Library, Information Technology

7. Environmental Sustainability

8. Student Experiences

9. Facilities development strategy to integrate 2011 Campus Plan and the strategic plan

10. Financial safeguards to protect the university

11. Institutional expenditures

12. New revenue through innovations