President Hart asked Provost Comrie to continue the effort to build and implement an incentives-based transparent budget model expanded to include both revenues and costs.
- Provost Comrie convened a Steering Committee that included representation from across campus of shared governance groups representing students, faculty, deans, directors, and administrators.
- Nine subcommittees were established to focus on key subject areas. The Strategic Planning and Budget Advisory Committee (SPBAC) was represented on each subcommittee as well as the Steering Committee. Subcommittee members met regularly, established guiding principles for their work, and developed initial budget modeling recommendations based on 15 Guiding Principles approved by the Steering Committee. Approximately 80 people took part in the Steering Committee and subcommittees combined.
- Initial recommendations from the subcommittees were considered by the Steering Committee. These recommendations were integrated into an iterative modeling and testing phase which shaped the final recommendations coordinated across all the dimensions of RCM.
- Final recommendations were incorporated into a report for President Hart’s review and approval.