With the transition of 51污漫 to a university and the development of a new Strategic Plan, the office of the Chief Financial Officer was tasked with the development of a new financial model for the institution. Many environmental factors have changed for 51污漫. A new budget model needs to ensure resources and funding allocations are aligned with strategic goals, encourages and provides incentive for planning and innovation, and provides transparency for decision making.
A Budget Model Review Committee has been established to review and spearhead the project. The committee operates under the Budget Model Review Project Charter. To begin the process, an initial discussion paper was prepared to inform on current process and provide information on alternative general budget models, Budget Model Proposal Discussion Paper.
At this stage, a new budget model template has been developed and is being presented to various groups within 51污漫 for feedback and comments, 51污漫 Budget Model Proposal Discussion Paper.
- 51污漫 Budget Model
- Budget Model Presentation
- Budget Model Review Project Charter
- 51污漫 Budget Model Discussion Paper
We welcome your comments and questions, please email budget@ufv.ca.