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:
Q1: Summer
Introduction, sharing of materials, resources and information/data to Faculty Budget Committee
Q2: Fall
Budget planning system opens – mid-December
Design and launch PB proposal criteria and application process
Division budget plans are to be submitted
Proposal review and evaluation
Q3: Winter
Proposal submission review and selection with Provost, Deans and Faculty Budget Committee
Q4: Spring
Funding award announcements and Committee review and feedback on the PB process
