OATdb Archive

2012 - 2013

Budget Office

Goal
Enhance Budget Reports
Enhance Budget Reports

Objective
Create Budgeting Report(s) For Planning
The creation of a report(s) for campus user to be used during budget development to plan and forecast for the future.  


KPI
Report Usage From Department
The created report will enhance the departments’ budgeting and planning capabilities.   Participant feedback will be collected based on satisfaction with the experience, efficiency and productivity of the process, and satisfaction with the outcome of the report.


Result
Satisfactory Report Usage
The report created for budgeting was a sucess. It helped the deprtment plan their budget for the new fiscal year.


Action
Update Report
Enchance the report used for budget planning by including additional useful data on the reports. 

Goal
Enhance Budget Development For Campus
Enhance Budget Development for Campus

Objective
Budget Process Updates For Automation
Update the budget process to become more automated with the budget development module within banner. 


KPI
Access Updated Process To Building Operating Budget
Automating the budget process would eliminate the excel spreadsheet within the budget development process and place entry of merit increases with the campus end users.   Participant feedback will be collected based on satisfaction with the experience, productivity of the process,  and satisfaction with the outcome to determine the value of repeating in the future.


Result
Automation
The Academic College Dean's office as well as other departments enter their budget into self service banner.  The process will be better next year because the understanding of the system will be better.

Action
Update Automation Process
The overall climate regarding budget automation is one of satisfaction however the users are expected to take ownership of their budget entry.  This will help to eliminate some of the budget changes.

Goal
Enhance Budget Training
Enhance Budget Training

Objective
Update Budget Training
Update of the budget training documents and campus end-user training.   

KPI
Access Budget Training Material
Updated budget training and training materials for the campus users.  Since going live with banner, our knowledge and skills have increased and there have been changes in some processes. 


Result
Budget Training
Develop new training tools to assist in the budget training process such as a powerpoint, instruction manual and tips to budgeting. 

Action
Update Process
Despite this being the first year utilizing this particular budget process, the response to it was one of overall satisfaction.  The upcoming year will include more training in order to streamline the process.  The Budget Director will work closely with the Assocative Vice President of Financial Service and Vice President of Finance with this process.


Goal
Enhance Budget Office Staff Development
Enhance Budget Office Staff Development

Objective
Budget Office Staff Development
Continue to seek out staff development opportunities for Budget Office staff.   

KPI
Number Of Staff Development Opportunities Attended/completed
The Budget office staff to attend professional development training classes/workshops on different tools for office function. Participant feedback will be collected regarding satisfaction from the training courses – knowledge gained, ease of access, relevance, etc.


Result
Staff Development
The Budget Office staff attended additional training.   The information gained at said trainings helped better equip staff for the budet office. 

Action
Staff Development
The Budget Director enrolled into a new Business Management Insitute, which is a 4 year process.  Due to the Director having over 25 years of experience in higher education, it was more beneficial to start at year two.


Update to previous cycle's plan for continuous improvement As planned, the Budget Office created created a projected budget for FY13 while referring to FY12's actual vs. projected budget comparision. No major changes were implemented at this time. Small tweeks were made as needed along the way to help streamline the process and ease the ability of usage.

Plan for continuous improvement Overall rating of the budget process is satisfaction, the Budget Office is working closely with Associative Vice President of Financial Service and Vice President of Finance to create a higher level of satisfaction.  Also, the Budget Office is reaching out to the other divisions for ideas to make the process more efficient for them.  

We will be looking back at Fiscal Year 2013 actual vs projected to see if we are in line with budget to achieve the accuracy.