ERIC Number: ED030391
Record Type: RIE
Publication Date: 1968-May-6
Reference Count: 0
Budget Formulas and Model Building.
Cope, Robert G.
Selected budget formulas currently in use for university operations are described as a background for examining a budgetary model that would provide for the integration of separate formulas. Data on the formulas were collected from states with system-wide coordinating boards that are responsible for budgetary reviews. The most common formula relates faculty positions in some way to the number of students, but some do not recommend the appropriate numbers of necessary support personnel. Most salary requests are related to the regional or national academic market, but 1 board in a state with a high per capita income recommends "target salaries" that are based upon the midpoint between "A" and "AA" on the AAUP compensation scales plus fringe benefits at 8% of salary. Libraries are being justified by boards that have adopted the Clapp-Jordan formula guidelines, which include faculty size, number of students, and the numbers and nature of fields of study at various levels of instruction. Formulas for maintenance are related to gross square or gross cubic footage. It is felt that unconnected formulas could be integrated through or replaced by a model that would simulate the total instructional program. This model would identify the allocation of resources as a total package rather than as separate units, and may be more appropriate for techniques of program budgeting than are formulas. (WM)
Publication Type: N/A
Education Level: N/A
Authoring Institution: Massachusetts Univ., Amherst. Office of Institutional Studies.
Note: Paper presented at the 1968 Association for Institutional Research Forum, San Francisco, California, May 6-9, 1968