One of the methods of promoting institutional effectiveness is through the allocation of resources in a manner that is reflective of College mission, institutional goals and community needs. Because budgeting has a direct influence on plans, commitments, and performance measures at FKCC, it is imperative that it is conducted in a manner that involves broad-based participation within the College.
The most effective method for achieving this is to fully integrate the budgeting process with the annual unit planning process. By incorporating planning for the budget into the annual planning process, budget managers and unit directors are able to more effectively demonstrate that they are developing budgets that are consistent with their unit goals and objectives as well as the College’s goals and strategic objectives.
Therefore, the unit planning and budgeting planning processes are conducted simultaneously on an annual basis, from approximately March to May. It is during this time that the unit directors identify their new unit goals, objectives, expected outcomes, and assessment criteria for the next fiscal year (July 1st through June 30th). They also develop and justify their budget package for the next fiscal year. This planning is based on results from the assessment of the current annual unit plan as well as results from the program or unit review that was conducted during the previous semester.
For the most part, FKCC’s units begin budget development from a zero base and justify their recurring expenses based on activity from the previous year. This method has proven to be the most effective and stable budgeting strategy for the past two years. However, budgeting priorities that are in excess of the unit’s traditional budget, such as new equipment, additional travel, or new personnel resources, must be integrated into the annual unit plan. This process ensures that new or additional resource requests support the college’s goals and objectives.