Goal 6. Obtain and distribute funding to achieve strategic plan objectives
Objective 6.1 Develop and sustain a budgeting process that is consultative and responsive to changes in student demand
| Performance Indicator | Baseline | Action Item |
|---|---|---|
| The CNRS administrators meet monthly with the URPC representative with CNRS | CNRS budget and academic resource analyst is a member of the URPC (18/19-19/20) | Begin monthly meetings. |
| Annual budget forecasts are produced by the CNRS administrators and made available to all department chairs and relevant staff employees for review and input | Budget forecasts have not been available for review and input. | Provide a next-year budget forecast for each unit in CNRS by February of the prior academic year. |
| The CNRS administrators publish a college-wide budget and narrative prior to the start of each academic year. | CNRS has not done so. | Publish a budget and narrative by August 1 prior to the start of the fall semester. |
| All department chairs and relevant staff employees have access to monitor financial activity throughout the academic year. Included is an ability to track General Fund allocations related to $/FTES, MSF/FTES | OBI access have been given to each unit in the CNRS | Provide mentoring and training to new staff and department chairs. |
Objective 6.2 Enhance the Revenue Streams to the college
| Performance Indicator | Baseline | Action Item |
|---|---|---|
| Indirect Cost Recovery applies to grants and contracts with IDC rates of 15% or more | CNRS received $314,862 from indirect cost recovery from SPF for grant activities in 2017-2018, with an additional $125,945 to departments and $188,917 to PI’s | Develop and implement (with SPF) a program to mentor and incentivize faculty participation in grants and contracts with at least 15% IDC rates. |
| Investments in philanthropy campaigns that will support students through scholarships and experiential learning opportunities | Some CNRS departments participate in donor development, but CNRS has not facilitated a college-wide program. | Coordinate with university advancement to support philanthropy for all CNRS programs. |
| Investment in institutional grants (e.g., HSI-STEM) to increase URM participation and success in STEM disciplines | Individual faculty have championed institutional grants related to curriculum development, but CNRS has not developed a long-term plan for pursuing such grants. | Mentor and incentivize a college-wide institutional grant writing program. |
Goals-Objectives-Goal-6
