Academic Budget Development

The Academic Finance team oversees the development of the educational and general budget through an annual process and provides one-time support for special initiatives through the fiscal year. The academic budget includes programs supported by state funds, self-generated resources, tuition and fees, sponsored grants and contracts, and private donations. Budgets are allocated through an incremental process for academic vice president and vice provost units and a performance-based model for academic colleges. 

The Partnership for an Incentive Based Budget (PIBB) model was first introduced in 2016 and is now in its second iteration. The PIBB is a college budget model that allocates funding based on performance in key indicators associated with the university's strategic mission and vision. The model promotes transparent institutional decision-making based on valid data accessible to the units being assessed. The model's responsiveness enables leaders to manage resources effectively in a dynamic academic and financial environment.  

PIBB 2.0 Model Outline login required

Who to contact

Brad Sumpter
Assistant Vice Provost for Academic Finance
540-231-0648

Trevor Hughes
Senior Financial Planning Analyst
540-231-9882

Cindy Spangler
Academic Budget Manager
540-231-7063