Dollars and Sense
Wednesday, January 29, 2014 | 11:00AM–12:30PM | Abbey Room
Session Type:
Professional Development
There is growing anxiety in America and the world about the rising cost of higher education. This session will discuss how that concern translates to our world as IT and library managers. It is our job to be careful stewards of the resources entrusted to us to help ensure that we are delivering the best value and return on investment possible. This session will review the major revenue and expense categories common to our institutions and explore some strategies for being effective budget mangers.
Objectives:
- Become familiar with the major revenue and expense drivers common to institutions of higher education
- Discuss common IT and library budget challenges and strategies to mitigate them
- Gain an understanding of the goals and value of the budget-development process
- Understand how budget and project planning cycles can be coordinated
- Review and discuss models for budget projections
- Discuss how to prepare and present a budget proposal