State Funds and Tuition Revenue Distribution Subcommittee

Members

• Mike Andrechak, Chair
• Bill Goodman
• Patrick Hoey
• Stig Lanesskog
• Suzanne Rinehart
• Carol Wakefield

Budgeting at Illinois Final Report

Timetable for Implementation of the New GRF/Tuition Budget Model

January

• Detailed draft of budget model presented to working group (early January)
• Working Group finalizes the proposed model (January 30)

February

Initial Rollout of Model

• Meet with college budget officers to review details of model (early February)
• Present model to Senate Budget Committee. They reviewed guiding principles and outline of the model in spring (mid-February)
• Presentations to department heads and chairs. While the model is intended to allocate funds to colleges, understanding at the departmental level will help assure a more complete understanding of the flow of funds (late February).
• Summary and detailed text describing model will be posted to Provost’s and Budget Office web sites.

Final Corrections & Adjustments

• Based on feedback from presentations, the model will be fine tuned as necessary.
• Adjusted model will be reviewed with college budget officers and others, as necessary.

March

Detailed Conversations Regarding the Model

• Individual and small group meetings with take place with deans, their budget officers and selected administrators.
• The Budget Office will work with DMI, Continuing Education and others to insure an accurate and timely flow of information to support the model.

April/May

• Following tuition flow rules, the Budget Office will prepare and post FY10 tuition earnings. Individual meetings with college budget staff will insure understanding of allocation rules.

June

• Complete allocations to units using format and rules of the new budget model.