Welcome!
About the Budget and Planning Office at UCCS
The mission of the UCCS Budget and Planning Office is to work in partnership with our campus community and the University of Colorado System Budget Office to coordinate campus-wide budget documents and fiscal planning while maintaining state and university fiduciary standards.
Through collaborative partnerships, the Budget and Planning Office strives to identify and facilitate the allocation of all resources necessary for the UCCS campus to excel as a premier comprehensive undergraduate and specialized graduate research university.
Updated Budget Model for 2022-2023
UCCS is engaging in a budget model redesign initiative to better align its resource allocation processes with its strategic mission and goals.
The UCCS 2030 Strategic Plan contains core strategies for the University, such as:
- Intentional revenue viability– expanding revenue sources to strengthen UCCS’ financial sustainability.
- Supporting the growth of the university.
- Providing greater services to students from all backgrounds.
More information
What is Incentive-Based Budgeting?
Incentive-based budgeting, commonly referred to as Responsibility Center Management (RCM), is a management philosophy which aligns budget allocations with the University’s strategic mission. The University’s budget authority and financial and operational responsibilities are delegated to schools and colleges, divisions, and other units.
These decentralized models result in increased transparency and empower local leadership to make data-driven decisions.
In an incentive-based budget model a framework is created to direct funding to the units generating the revenue, then charges are assessed to cover the unit’s share of centrally borne expenditures like administrative and common service and support.
What is the goal of an incentive-based budget model?
The primary goal of this initiative is to create a budget model that is transparent, data-driven, supports entrepreneurship, innovation, and collaboration, and aligns resources needed for the University’s strategic mission. Units are empowered take greater ownership over their revenues and expenses to drive tactical growth and spur innovation.
Why are we changing to a different budget model?
While our current, incremental, budget model has served us well through a period of sustained enrollment growth, a new model is needed as we seek to better align resources with strategic priorities. The budget model, and associated budget process, should:
- offer greater transparency and insight into resource allocation decisions,
- create incentives for Deans to be more entrepreneurial,
- and provide a pool of resources which will help support campus-wide strategic initiatives.
