Increase transparency in budget decision allocations by collecting input from peers and advising on fiscal matters.
Empower faculty and staff in financial decision-making by developing priorities set by faculty to review and decide on supplemental funding/decision requests.
Align budget with strategic goals and priorities through advancing the organization in an impactful way.
Foster a collaborative and inclusive environment by creating opportunities for everyone to connect, communicate, share ideas and contribute their unique skills and perspectives.
Participatory Budgeting Process:
Proposal Submission: Faculty and staff submit budget proposals.
Review and Evaluation: Proposals reviewed by the Faculty Budget Committee.
Voting: Faculty and staff vote on prioritized proposals.
Implementation: Approved projects are funded and implemented.
Feedback and Evaluation: Continuous assessment and feedback loop.
PB Budget Timeline
Academic Year 2024-2025:
Q2: Fall
Faculty Budget Committee Introduction
Development of academic year work plan
Review of financial information/data, materials, and resources
Budget planning system opens
Design and launch and participatory budget request for proposals
