Year of Publication
2023
College
Martin School of Public Policy and Administration
Date Available
8-7-2023
Degree Name
Master of Public Financial Management
Committee Chair
Dr. Ron Zimmer
Committee Member
Dr. Joshua Bush
Committee Member
Dr. Rhonda Trautman
Executive Summary
The Cambridge Dictionary defines a budget as “a plan to show how much money a person or organization will earn and how much they will need or be able to spend.” (Budget, 2023). The budget of an institution within higher education is how to allocate the planned amount of revenues received to support the planned expenditures across the organization for an upcoming period, usually a fiscal year or project duration. Various public higher education institutions have many different methods for allocating those planned revenues to support expenditures across their colleges, schools, and administrative units to support the university's mission. This paper will look at six commonly utilized allocation philosophies for public institutions within higher education to consider how to distribute their funding and compare several universities that use the six different models to discover what budget methods are appropriate for various goals in higher education.
Digital Object Identifier (DOI)
https://doi.org/10.13023/mpcap.2023.04
Recommended Citation
West, Brad, "Budget Models and Methods Used in Higher Education" (2023). MPA/MPP/MPFM Capstone Projects. 422.
https://uknowledge.uky.edu/mpampp_etds/422
