金融模型

现在是实施新方法的最佳时机. 我们已经解决了财政问题, set ourselves on a path to meet financial goals and are ready to reinvest in ourselves. Implementing a hybrid model with incentive- and performance-based aspects will bring innovation and focus to the budget process and ultimately make us a financially healthy university for future generations.

该模型由五个组织类别组成. Success for some of the categories will be based on hitting metrics and others on enrollment averages increasing or generating self-funded growth. 一个类别将保持增量模式. Overall success will be measured by a balanced operating budget and building up of reserves while still being able to invest in strategic initiatives.

No. 该模式只关注普通教育的资金.

本科生和研究生的招生都是优先考虑的, as enrollment growth is the primary lever we have to increase revenues. The budget model is intended to incentivize growth in this area and is one way a unit benefits from success.

In terms of the metrics specific to academic colleges – there are many factors that could be considered, 但每一种做法都会增加复杂性，带来收益递减. The undergraduate enrollment metric is weighted higher as it’s an area of opportunity for quick growth without the need to add significant overhead or infrastructure.

There are multiple metrics in the financial model incentivizing performance and behaviors to move our university forward. 其中一个指标是本科生入学率. 从22财年开始, 10% of the academic college budget will be tied to metrics; only a portion of that will be tied to enrollment. 它只是一种资助工具，并没有否定博士学位的重要性.D.S和博士后. 我们的P3投资是另一个工具. P3 is structured to significantly support graduate education and research. We cannot achieve our goals with just one tool but must combine them in ways that make sense to get the most return from our investments.

这些细节还在制定中, but we must remember this incentive applies to a very small portion of the overall budget.

这个模型代表了整体预算图的一个部分. P3基金的一部分, 哪些不包括在财务模型中, 是用来支持我们进入R1状态的吗.

It is possible the incentives will change as we succeed in increasing enrollment. The model is a framework and the metrics are intended to be fluid to help the university achieve strategic goals.

很明显，我们目前的模式行不通. The new hybrid model includes parts of proven models for institutions of our size. 在第一年, the categories with metrics will be applied to a small percentage of the budget, 各单位将有一年的时间来完成这些任务. This will allow us to transition slowly, test the model and adjust as appropriate.

我们学校的每个人都在招聘和留住员工方面发挥着作用. Talk to your college recruiters and leadership to learn more about your college’s tactics. Other units should identify their role and articulate how each person plays a part. 我们每个人都有自己的故事来讲述为什么我们是汪达尔人. 自豪地把这个故事讲给任何愿意听的人听.

Our goal is not to define a perfect set of metrics to drive every ideal behavior that will result in so many that our outcomes won’t be focused. For right now, we are encouraging the behaviors we need to emphasize at this moment.

Per the white paper developed by the 可持续金融模式工作组, 我们必须而且将会保护以任务为中心的项目. Through an annual process of assessment and analysis of unintended consequences, 我们将讨论这个问题.

Yes – we can talk internally and externally about the model as a tool that is helping the University of Idaho achieve financial health and focus on strategic areas of growth.

It is important to know this enrollment level will put us in a position of financial strength and free us up to invest in even more strategic areas. 然而, 在实施财务模型的早期阶段, rolling out new marketing and enrollment management strategies and launching a more aggressive approach to our online opportunities – we are not in a position to declare a certain timeline for this goal. 底线, 我们需要增加注册人数，当我们达到目标时, we will celebrate and then keep working on all of these same strategies to maintain it.