ERIC Number: ED378911
Record Type: RIE
Publication Date: 1994
College and University Budgeting: An Introduction for Faculty and Academic Administrators. Second Edition.
Meisinger, Richard J., Jr.
This book is designed to help college/university faculty and academic administrators become more constructive and knowledgeable participants in the budgetary process. Chapter 1 introduces budgets and the budgetary process, with an explanation of the importance of budgeting in policy making, Chapter 2 discusses economic and political contexts of budgeting and describes the framework for the budgetary process both on and off campus. It addresses the importance of enrollments as a major factor in resource issues, sources of funds, how state and local governments differ with respect to wealth and willingness to tax wealth, and other issues. Chapter 3 identifies factors that distinguish the budgetary process of one institution from that of another, focusing on capital budgets and operating budgets, budget cycles, participants in budgeting, and chronology of budgetary processes. Chapter 4 describes how participants influence the operating and capital budgetary processes. It discusses the need for flexibility, the relationship between risk and budgets, and how changes in institutional character can influence the budgetary process. Chapter 5 discusses budgetary planning for reallocation and retrenchment, emphasizing that the least disruptive strategies are those that are implemented in anticipation of fiscal stringency rather than in the midst of a financial crisis. An appendix describes several approaches to budgeting, such as zero base budgeting and performance budgeting. (Each chapter contains references.) (JDD)
Descriptors: Academic Deans, Administrator Role, Budgeting, Budgets, Capital Outlay (for Fixed Assets), College Administration, Economic Factors, Higher Education, Money Management, Operating Expenses, Policy Formation, Political Influences, Resource Allocation, Retrenchment, Risk
National Association of College and University Business Officers, One Dupont Circle, Washington, DC 20036 ($40 members; $60 nonmembers).
Publication Type: Books; Guides - Non-Classroom
Education Level: N/A
Audience: Administrators; Practitioners
Authoring Institution: National Association of College and University Business Officers, Washington, DC.