{"id":4030,"date":"2023-10-05T11:39:50","date_gmt":"2023-10-05T15:39:50","guid":{"rendered":"https:\/\/web.uri.edu\/fsp\/?page_id=4030"},"modified":"2024-08-14T13:59:18","modified_gmt":"2024-08-14T17:59:18","slug":"ibb-steering-committee","status":"publish","type":"page","link":"https:\/\/web.uri.edu\/fsp\/budget-model\/ibb-steering-committee\/","title":{"rendered":"Budget Model Steering Committee"},"content":{"rendered":"\n<h1 class=\"wp-block-heading\">Budget Model Steering Committee<\/h1>\n\n\n<section class=\"cl-wrapper cl-menu-wrapper\"><nav id=\"\" class=\"cl-menu  \" data-name=\"IBB Steering\" data-show-title=\"0\"><ul id=\"menu-ibb-steering\" class=\"cl-menu-list cl-menu-list-no-js\"><li id=\"menu-item-4091\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-4091\"><a href=\"https:\/\/web.uri.edu\/fsp\/budget-model\/ibb-steering-committee\/\">Committee Charge<\/a><\/li>\n<li id=\"menu-item-4093\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-4093\"><a href=\"https:\/\/web.uri.edu\/fsp\/budget-model\/ibb-steering-committee\/roster\/\">Roster<\/a><\/li>\n<li id=\"menu-item-4092\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-4092\"><a href=\"https:\/\/web.uri.edu\/fsp\/budget-model\/ibb-steering-committee\/meeting-schedule\/\">Meeting Schedule<\/a><\/li>\n<\/ul><\/nav><\/section>\n\n\n<h1 class=\"wp-block-heading\">Committee Charge<\/h1>\n\n\n\n<h3 class=\"wp-block-heading\">Goals<\/h3>\n\n\n\n<p>The goal of the Steering Committee is to recommend an incentive-based budget model that provides:<\/p>\n\n\n\n<div class=\"wp-block-group\"><div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\">\n<ul class=\"wp-block-list\"><li><strong>Incentives<\/strong> to reward unit level success and fuel the development of new programs and other revenue streams, balancing achievement of core values that are not revenue-generating. <\/li><li><strong>Tuition<\/strong> and other resources to degree-granting colleges in a &#8220;predictable&#8221; manner.<\/li><li><strong>Resources<\/strong> to advance strategic initiatives aligned with the goals and vision in the Focus URI Strategic Plan. <\/li><li><strong>Funding<\/strong> to support units responsible for delivering essential, university-wide support services.<\/li><\/ul>\n<\/div><\/div>\n\n\n\n<h3 class=\"wp-block-heading\">Assumptions<\/h3>\n\n\n\n<p>The guidance and recommendations provided by the Budget Model Executive Committee will inform the work of this committee. <\/p>\n\n\n\n<div class=\"wp-block-group\"><div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\">\n<ul class=\"wp-block-list\"><li>The Steering Committee will provide recommendations to the Executive Committee for their consideration. <\/li><li>The Steering Committee can recommend the establishment of sub-committees to the Executive Committee for their consideration. <\/li><li>Not all issues identified through this process will be resolved in a timeline that allows for immediate Budget Model implementation. As such, there is likely to be a phased approach to the implementation. The Steering Committee should consider which recommendations are essential versus ones that could be implemented within a Phase II rollout. <\/li><li>Deliverables in the subsequent section are not limited to those outlines and may be amended for consideration by the Executive Committee. <\/li><\/ul>\n<\/div><\/div>\n\n\n\n<h3 class=\"wp-block-heading\">Deliverables<\/h3>\n\n\n\n<div class=\"wp-block-group\"><div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\">\n<ul class=\"wp-block-list\"><li>Recommend formulaic allocations to colleges and units in a way that aligns accountability and responsibility. <\/li><li>Define the parameters and allocation of tuition dollars (both graduate and undergraduate, including online). <\/li><li>Recommend how to best incentivize various levels of the University with a particular emphasis on:<ul><li>Student success goals and outcomes<\/li><li>Expansion and enhancement of the research enterprise<\/li><li>Targeted, new academic program development <\/li><li>Other incentives to be discussed by this committee<\/li><\/ul><\/li><li>Recommend how teaching v. majors should be weighted within the tuition allocation.<\/li><li>Recommend related and complementary adjustments to current strategies and policies across the University. Examples may include:<ul><li>Review and enhancement of major declaration policies, as well as inter-college\/major transfer policies. <\/li><li>Make intentional connection to academic program assessment, accreditation decisions as well as to course and program creation to eliminate duplication. <\/li><\/ul><\/li><li>Acknowledging legacy agreements across a variety of spaces related to tuition and other revenue streams (i.e. URI Online, Office of Strategic Initiatives, Coastal Institute, etc.), recommend a transition plan to ramp up to recommended allocation methodologies. <\/li><li>Recommend principles and processes to deal with negative externalities, including federal budget and policy uncertainty, declining state support, potential F&amp;A cap, national recession, etc.<\/li><li>Recommend how to balance central coordination of services within a distributed resource allocation model. <\/li><li>Identify data inconsistencies that may be barriers to successful IBB model implementation and recommend ways to address each, including anticipated timeframe and stakeholders involved in the resolution. <\/li><li>Recommend campus reporting plan to enhance transparency regarding funding allocation process and expenditures, and assign accountability for goal realization and analyze return on investments. <\/li><\/ul>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Budget Model Steering Committee Committee Charge Goals The goal of the Steering Committee is to recommend an incentive-based budget model that provides: Incentives to reward unit level success and fuel the development of new programs and other revenue streams, balancing achievement of core values that are not revenue-generating. Tuition and other resources to degree-granting colleges [&hellip;]<\/p>\n","protected":false},"author":4845,"featured_media":0,"parent":4021,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"class_list":["post-4030","page","type-page","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/web.uri.edu\/fsp\/wp-json\/wp\/v2\/pages\/4030","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/web.uri.edu\/fsp\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/web.uri.edu\/fsp\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/web.uri.edu\/fsp\/wp-json\/wp\/v2\/users\/4845"}],"replies":[{"embeddable":true,"href":"https:\/\/web.uri.edu\/fsp\/wp-json\/wp\/v2\/comments?post=4030"}],"version-history":[{"count":5,"href":"https:\/\/web.uri.edu\/fsp\/wp-json\/wp\/v2\/pages\/4030\/revisions"}],"predecessor-version":[{"id":4441,"href":"https:\/\/web.uri.edu\/fsp\/wp-json\/wp\/v2\/pages\/4030\/revisions\/4441"}],"up":[{"embeddable":true,"href":"https:\/\/web.uri.edu\/fsp\/wp-json\/wp\/v2\/pages\/4021"}],"wp:attachment":[{"href":"https:\/\/web.uri.edu\/fsp\/wp-json\/wp\/v2\/media?parent=4030"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}