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Fair Allocation Budget Formula at Angelo State University

This budget formula ensures fair distribution of funds to university divisions, supports institutional priorities, and manages limited resources effectively. It calculates base budgets based on specific variables without controlling the overall budget process. It accounts for faculty, maintenance costs, and strategic initiatives.

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Fair Allocation Budget Formula at Angelo State University

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  1. Purpose of the Budget Formula • To provide simple, reasonable, and fair distribution of a base budget to all Angelo State University divisions. • To provide a pool of funds that could be distributed to the Institutional Priorities. • To create a mechanism to help manage the limited resources available to Angelo State University

  2. The formula does not attempt to allocate I.E., D.E., or other fee/restricted based funds • The formula does not allocate funds to the various accounts (still need to use SPOL) • It doesn’t care about pet projects, political maneuvering, or passionate pleas (equalizes) • The formula does not control the budget process. It is just a tool that helps. What the Budget Formula Doesn’t do:

  3. University Priorities Budget Enhancement Decisions (V.P.s) Dept. & Division Strategic Planning Total Budgets for Division/Area Prior Year Budget +/- Depending on Funding The Historical Process

  4. Making Some Changes Valid & Reliable Assessment Data U.A.S.P. Budget Enhancement Decisions (V.P.s) Dept. & Division Strategic Planning University Priorities Institutional Strategic Priorities Base Budget is Calculated by Formula Vice Presidents Review Formula Variables and Data Institutional Support Costs are Determined Total Budgets for Division/Area

  5. Looking at the Formula

  6. Budget driven by SCH generation. (Required Faculty FTE x Weighted Average Faculty Salary & Benefits) + M&O Allocation Required Faculty FTE = SCH / (Req.Class.Size x Req.Teach.Load) Academic / Instructional M&O Allocation = Required Faculty FTE x M&O Support (TBD)

  7. Line item funded by THECB funding formula E&G Authorized Square Feet x THECB Allotment Facilities / Infrastructure Provides funding for maintenance of existing E&G facilities only Does not cover utilities, construction, or non-E&G support

  8. Driven by Administrative Focus, Strategic Initiatives, Executive Edict. Salaries & Benefits + (Employee.FTE x M&O Allocation) Administrative / Support Uses national or other defined benchmarks to set per FTE allocation

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