总统的预算重点

10月. 24, 2023

As fiscal-year 2025 budget planning shifts into high gear over the next few months, I want everyone in the Metropolitan State University of 丹佛 community to be invested in the process. 现在该和你的上司商量一下了, chair or University Planning and Budget Advisory Committee (UPBAC) representative as you prepare to provide input into divisional budget proposals!

To guide this process, I have set our overall budget priorities for next fiscal year. These priorities are aligned with our 2030 Strategic Plan and the investments needed to ensure the future success of the institution. The departmental budgets that you develop likewise should align with the University’s Strategic Plan while keeping the following tenet top of mind.

All budget decisions at 密歇根州立大学丹佛 should recognize the importance of keeping the cost of education affordable for our students. 这对执行皇冠官网网站的使命至关重要, 提高学位完成率，改善社会向上流动. It is incumbent on us to spend our money as efficiently as possible to best serve our students. This includes providing faculty and staff with the tools and resources necessary to most effectively support students. Departments are charged with focusing on operational efficiencies and supporting students and faculty while returning savings or directing them to strategic priorities.

我已经确定了25财年预算的五项支出重点. Each of these priorities continues ongoing work to advance the objectives of the University’s Strategic Plan.

1. 投资于皇冠官网网站的员工. 支持ing 密歇根州立大学丹佛’s faculty and staff is the most important factor in helping students succeed and in preparing them for the modern workforce. That’s why compensation is the largest and most important investment in the annual budget. Human Resources is implementing a pay-equity study that will evaluate employee compensation and will identify how best to structure compensation systems to maximize existing resources in this challenging economy. This priority aligns with Pillar V of the Strategic Plan – Organizational Agility and Sustainability.
2. 财政状况. The budget needs to be developed within a context of ensuring the ongoing fiscal health of the University. That includes budgeting in a way that allows us to re-build our fund balances and developing new revenue streams to support all of our priorities. 重建大流行期间耗尽的资金, we must increase reserves by 1% of the total operating budget every year, with the goal of building a reserve balance equal to 15% of our annual budgets by 2027. Healthy reserves not only help us address unanticipated needs; they also allow us to invest more strategically. We also need to increase revenue streams to support all of our priorities. An essential component of developing those revenue streams is building the infrastructure of University Advancement to allow it to continue the success of its ongoing fundraising campaign, build a healthy endowment and sustain fundraising beyond the campaign.
3. 学生成功/咨询结构. It is critical to our mission that we prioritize initiatives that support student success – defined by increased retention and degree-completion rates – with a particular focus on advising structures. This priority aligns closely with Pillars I and II of our Strategic Plan.
4. 让科罗拉多人为现代劳动力做好准备. 除了关注留存率和完成度, 预算应强调完工后的成果, 行业合作伙伴, 职业发展管道和建立更加多元化的劳动力队伍. They should support the success of 密歇根州立大学丹佛 students as they enter and participate in the workforce following their journeys from high school through college. 这一优先事项与《皇冠体育官网》第三支柱相一致, which calls for the University to play an active role in the community, 及第四支柱, 是什么定义了皇冠官网网站对公平的承诺, 多样性和包容性.
5. 基础设施开发. 最后，皇冠官网网站需要支持校园基础设施. 四个主要建筑项目正处于不同的规划阶段, 包括C2 Hub, 卫生研究所和住房. 另外, we need to maintain our existing campus facilities and partner with the Auraria Higher Education Center to sustain and improve them, 与战略计划第五支柱相关的优先事项.

除了围绕这些优先事项设计预算, budget owners should review priorities from previous years (such as Stuff That Works) and incorporate into the FY25 budget only those proven effective. 请 plan to sunset initiatives that have been less effective or consist of temporary activities.

必须选择任何有限的额外资金请求, ranked and proposed to University leadership and UPBAC based on the priorities outlined above.

Budget owners will receive a budget circular from the Office of Budget in early November. The document will include specific assumptions and instructions on preparing budget proposals.

Special thanks to the budget team, led by Chief Financial Officer Jim Carpenter. Powered by upgrades to our systems via Workday along with revamped processes, the team’s efforts to modernize our budget are already resulting in a more transparent and inclusive model. I hope that this direction for evaluating budget priorities helps you align priorities with your departmental budget proposals and with our mission of preparing our students for Colorado’s modern workforce.

请 learn more about the process and contact your UPBAC representative here.

真诚地,

 

珍妮·戴维森博士.D.
总统