Download or read book College and University Budgeting written by Richard J. Meisinger and published by Nacubo. This book was released on 1994 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is designed to help college/university faculty and academic administrators become more constructive and knowledgeable participants in the budgetary process. Chapter 1 introduces budgets and the budgetary process, with an explanation of the importance of budgeting in policy making, Chapter 2 discusses economic and political contexts of budgeting and describes the framework for the budgetary process both on and off campus. It addresses the importance of enrollments as a major factor in resource issues, sources of funds, how state and local governments differ with respect to wealth and willingness to tax wealth, and other issues. Chapter 3 identifies factors that distinguish the budgetary process of one institution from that of another, focusing on capital budgets and operating budgets, budget cycles, participants in budgeting, and chronology of budgetary processes. Chapter 4 describes how participants influence the operating and capital budgetary processes. It discusses the need for flexibility, the relationship between risk and budgets, and how changes in institutional character can influence the budgetary process. Chapter 5 discusses budgetary planning for reallocation and retrenchment, emphasizing that the least disruptive strategies are those that are implemented in anticipation of fiscal stringency rather than in the midst of a financial crisis. An appendix describes several approaches to budgeting, such as zero base budgeting and performance budgeting. (Each chapter contains references.) (JDD)