At the core, budgeting is about distributing and redistributing limited financial resources for continuous improvement. Incremental budgeting is limited in achieving the goal due to lack of connection between outcomes and budget decisions. Zero-based budgeting fills the gap, but is cumbersome to implement, especially for large urban school…

When Commonfund and the National Association of College and University Business Officers (NACUBO) announced in late 2008 that they would join forces to combine their two endowment studies, which had historically been fielded and reported separately, they had high hopes for the venture, but those hopes were tempered with caution. The financial…

Data were pooled from 3 studies of recently resolved community-dwelling problem drinkers to determine whether a behavioral economic index of the value of rewards available over different time horizons distinguished among moderation (n = 30), abstinent (n = 95), and unresolved (n = 77) outcomes. Moderation over 1- to 2-year prospective follow-up…

Higher education institutions in the United States are entering a new era in budgeting. Therefore, institutions are actively engaging in dialogues about the budgeting tools that will most effectively assist them in achieving institutional goals and objectives within their strategic plans and being accountable for the use of scarce resources, as…

Higher education employees often participate in university-sponsored defined contribution pension plans that place the investment decision responsibility upon them. In order to examine investment decision-making behavior with retirement savings plans we investigated attitude-mediated, individual difference determinants of risky decision-making…

Defines zero-based budgeting, compares it to traditional budgeting, and discusses five steps of a zero-base budget model: determining organization's goals and refining them into objectives; listing activities to achieve objectives in decision packages; evaluating decision packages; ranking packages by order of importance; and funding decision…

Retirement savings decisions can be influenced by the fund composition of the retirement savings plan. In 2 experiments, strong composition effects were observed, with a larger percentage of resources being invested in stock funds when more stock than bond funds were offered. Although participants changed their allocations repeatedly, the…

Findings of a study that developed and applied a microfinancial model to track financial resources through the school systems are presented in this paper. The School Site Allocations Model (SSAM) shifts the current finance structure to the schools. First, the model was designed and tested in 30 school districts across the United States. Next, data…

This paper defines, develops, and displays a mathematical modeling formulation for exploring decisions available to the higher educational administrator in evaluating discrete educational program budgets (instructional, service, and administrative) for possible future funding alternatives. Complex budget reduction strategies can be…

This third revision of Central Piedmont Community College's (CPCC's) institutional planning and budgeting guide focuses on expanding the involvement of staff in institutional planning, integrating the college's various planning processes, strengthening communication within the administration, and giving administrative areas more flexibility and…

A structural reorganization of the University of Queensland, Australia, was undertaken to promote efficient resource management, and a resource allocation model was developed to aid in policy evaluation and planning. The operation of the restructured system was based on creating five resource groups to manage the distribution of academic resources…

A major conclusion reached by 18 university, academic and administrative officers, library directors, economists and management specialists, who met in October 1981 to explore issues related to the financial management of academic research libraries, is that current approaches to cost reduction are only short-term solutions. These approaches are…

The purpose of this handbook is to help clarify some of the procedural aspects leading to implementation of a program budgeting system and thereby assist those boards of education and administrators contemplating installation of program budgeting and, ultimately, a comprehensive program, planning, budgeting, system within their districts. The…

This book provides conceptual and practical strategies for the data and information collection and analysis needs of a diverse group of institutions, ranging from small rural community colleges to large urban research institutions. The model framework is designed for use by any size or type of institution and gives a broad overview of various…