Budget Model Redesign

Resource Allocation Model Review   Overview

For more than two decades of operating under incremental budget, Cal State Los Angeles explored alternative budget models to better align funding to operational and strategic needs.

Under the University’s new president, there was strong support to move towards a more sustainable, accountable, and transparent allocation formula to address structural imbalance university-wide, which evolved from diminishing state appropriation and increasing operational cost.

The University conducted a CSU System-wide survey to better understand which budget allocation funding model each CSU campuses were using.

Oracle-Hyperion: Planning and Budget Implementation Timelines

Over a three year period, the University implemented planning, research, and evaluation of requirements for deploying a new resource allocation model.

     Implementation Timeline Phases     Implementation Timeline

Blended Budget Model

 

The Budget Allocation Model Task Force and the Division of Administration and Finance engaged in the self-assessment and evaluation of alternative budget models that best fit the unique needs of the campus.

 

Blended

Campus Engagement and Communication

To ensure a successful implementation of the new budget model, the University held campus-wide town hall conference to ensure awareness and understanding of the new budget process and to allow for campus feedback.

Townhall

References