Document Type
Article
Publication Date
10-3-2014
Academic Year
2015-2016
Topic
Budget Model
Abstract
As institutions recognize the limits of the typical incremental approach to budgeting, they are looking at new budget models designed to incentivize revenue growth, control costs, set performance targets, and invest in strategic priorities.
Beneath the confusing nomenclature of responsibility-centered management, activity-based budgeting, zero-based budgeting, and others is a set of 29 "budget model elements" specifying how revenues and costs are allocated.
Keywords
Budget Models and Cost Allocations, Budgeting, Administration and Finance, Responsibility Center Management
Recommended Citation
Education Advisory Board, "The Periodic Table Of Budget Model Elements" (2014). Institutional Priorities 2014-2015. 56.
https://digitalcommons.winthrop.edu/eab_reports/56
