This handbook, written primarily to help faculty members with little prior experience in college or university budgeting, provides a self-help approach to basic budgetary matters. It describes the kinds of funds and other accounting terms found in college and university budgets as well as the accounting principles governing colleges and…

This report examines the change process at a regional university in achieving a higher level of excellence in all its programs and activities. Results from 30 interviews are discussed in explaining how this university endured a major retrenchment and survived and thrived while simultaneously contributing to the surrounding community's economic…

This report, part of a project called "Redesigning Higher Education", argues that a set of fundamental changes underlies the growing number of critical difficulties faced by higher education in the United States. It finds the governance structures of American higher education inadequate to deal with a changing and increasingly cost-conscious…

The lessons from the corporate experience of the 1980s, carefully applied, can strengthen the university in support of its mission. Those experiences, sifted and shaped for higher education, can help with the difficult tasks of downsizing, rightsizing, restructuring, streamlining, and decentralizing that confront the university in the 1990s. (MSE)

Effective college planning in a period of reduced resources requires that a comprehensive long-range plan, based on consensus, be in place before budgeting begins, so essential resources will not be damaged. The starting point for planning is a well-stated conception of the institution and of its subsystems and their interactions. (MSE)

A strong economic recovery offers higher education only some relief. Educators must respond in new ways to economic problems. Higher education offers the best chance for finding regional and national solutions, but, ironically, it must reshape itself to do so. (MSE)

Franklin and Marshall College (Pennsylvania) has used institutional mission, strategic planning, lessons learned from previous experience, and sound general management principles to guide reallocation of resources during a period of financial constraint. The objective was repositioning, not retrenchment, and the resulting academic program is…

A discussion of the ways in which college retrenchment planning is institution specific and political looks at how four institutions have shaped different retrenchment strategies. Challenges inherent in each strategy are examined, and practical suggestions are made for campus leaders facing retrenchment. (MSE)

This essay examines the administration of public multi-campus universities, focusing in particular on central administration and the State University of New York (SUNY) system and on responses to the need for fiscal austerity. Before treatment of the main topic begins, the essay offers a look at five reasons for the suspicion and resentment that…

The role of institutional budgeting strategies in promoting institutional change is examined, looking specifically at two budget components (general-purpose lump sums and earmarked funds). Experiences of the University of Utrecht (Netherlands) with internal competition for reduced funds as a means for stimulating change are discussed. (MSE)

This paper addresses the problem of shaping new strategies in the face of current enrollment declines at many colleges and universities. It describes an approach that applies a long term planning model that can incorporate the short-term realities of lower enrollments and budget constraints with projections for new strategic initiatives. The paper…

This report addresses the issue of maintaining adequate controls within a streamlined or restructured financial affairs environment at an institution of higher education. It presents a new paradigm for control structures designed to more effectively meet administrators' needs--both in terms of cost and risk management. The first section: (1)…

A University of Maryland at College Park administrator offers his perspective on a recent retrenchment process that resulted in program closings. He describes the dialog between administration and faculty and credits the faculty with important support and participation in difficult decision making. (MSE)

Based on data gathered on-site at 13 colleges and universities, this volume offers an in-depth analysis of how colleges and universities have been affected by hard times, how they have risen to the challenges, and what their responses mean to the public and its support for higher education. Part 1 describes the study itself in detail and reports…

This article discusses the impact of resource reallocation by colleges and universities using Virginia Commonwealth University as an example. Alternative areas for creative reallocations noted include increased productivity/efficiency, quality improvement, growth by substitution, targeted fund raising, planned savings, categorical funding, tuition…