Purpose of the Budget
Formula
To provide simple, reasonable, and fair distribution of a base
budget to all University of Montana divisions.
To provide a pool of funds that could be distributed to the
Institutional Priorities.
To create a mechanism to help manage the limited resources
available to the University of Montana
*
* The formula does not attempt to allocate
Designated, Auxiliary, or restricted fees.
* The formula does not allocate funds to the
specific programs/accounts
* It doesn’t care about pet projects, political
maneuvering, or passionate pleas (equalizes)
* The formula does not control the budget
process. It is just a tool that helps.
*
Budget Enhancement
Decisions (V.P.s)
Total Budgets for
Division/Area
Prior Year Budget +/Depending on Funding
Making Some Changes
Valid & Reliable
Assessment Data
Planning &
Assessment
Committees.
Dept. & Division
Strategic Planning
University
Priorities
Budget Enhancement
Decisions (UBC)
Institutional
Strategic Priorities
UBC Evaluates Formula
Variables and Data (Works
with Planning Committee)
Base Budget is
Calculated by Formula
Institutional Support Costs
are Determined (UBC &
Planning)
Total Budgets for
Division/Area