Provost and Vice-Principal (Academic) Alan Harrison recently held an open session on the introduction of a new activity-based budget model at Queen’s.

The Planning and Budget group is meeting collectively and individually with faculties, schools and shared services, reviewing options for attributing revenue and expense to meet the objectives of the proposed model.

“The new budget model is intended to increase transparency and make it clear how budgets are determined,” says Provost Harrison. “Much data gathering has gone into the process for creating the initial framework of the model, and discussions addressing decisions around critical issues are continuing.”

The new model has the potential to be better aligned with academic goals. It proposes directing funds generated by faculties and schools directly to them. Allocations would then be made from faculty budgets to shared services they use, such as Information Technology Services, Human Resources and Physical Plant Services.

The new model is intended to be implemented on May 1, 2013. Discussions aimed at finalizing the budget framework are continuing over the coming months.

You can view a video of Provost’s Harrison’s presentation on the Office of the Provost website. 

Provost Harrison is hosting an open discussion for the Queen’s community about the details of balancing the university’s 2012-13 budget. More information