AGB Trusteeship magazine, Jan/Feb 2025
I am often asked, “What type of budget model works best for universities?” This is the wrong question or at least incorrectly cast. To get to the right questions, and the needed answers for any decision, we first need some history, some present-day context, and some insight into why, when, and how new budget models are designed and implemented at universities. We also need to understand the organizational, operational, and decision-making dynamics that characterize much of higher education in the United States today.