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Following are the established principles that the University utilizes in forming strategies and making decisions related to short and long term budget planning.
1. Advance and maintain the University’s quality, competitiveness, and momentum through prudent investment in its education, research and public mission.
2. Compensate, support, and retain talented faculty and staff.
3. Take substantial action to increase overall productivity by reducing costs and increasing revenues without sacrificing excellence, quality, and responsiveness.
4. Continue to support strategies that improve financial access and affordability for students at all levels.
5. Use all available tools to address long-term and short-term budget and investment challenges.
6. Continue to make prudent and needed investments in capital infrastructure to advance the University’s quality and competitiveness.
7. Remain accountable to these principles, and the University’s well-established strategic planning criteria.
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