University of Vermont

Incentive-based Budgeting (IBB)

Timeline

Jun 2014
  • IBB Steering Committee Preliminary Final Report submitted to President Sullivan
  • IBB Implementation Work Groups formed; Implementation project kick-off
Jul 2014
  • IBB Steering Committee Report comment period
Aug 2014
  • IBB Steering Committee Report comment period
Sep 2014
  • IBB Steering Committee Report comment period closes 9/12/14
  • Transition Support Team change management certification
Oct 2014
  • Provost's IBB Campus Update #1 re: Algorithm 3 modifications
Nov 2014
  • Begin FY16 budget planning process
  • Provost's IBB Campus Update #2 re: Algorithm 4 modifications
Dec 2014
  • Parallel review of Q1 FY15 IBB budget-to-actual report
Jan 2015
  • Revised IBB Steering Committee Final Report
Feb 2015
  • Parallel review of Q2 FY15 budget-to-actual report
Mar 2015
  • IBB manual and metrics complete
Apr 2015
  • Parallel review of Q3 FY15 IBB Budget-to-actual report
May 2015
  • Approval of FY16 budget by UVM Board of Trustees
Jul 1, 2015
  • Begin FY16 using IBB model

Last modified February 06 2015 08:28 AM