UVM's incentive-based budgeting (IBB) model allocates both revenues (such as tuition) and expenses (for general infrastructure and support such as the library or information technology) directly to the units that generate the revenue through a series of budget algorithms (some for allocating revenue, some for allocating expense). The IBB model applies only to the General Fund (Fund 100).
About UVM's IBB Model
- IBB Model Graphic (PDF)
- IBB 2.0 Manual (PDF) (UVM login required)
- IBB 1.0 Manual (PDF) (UVM login required)
- About Subvention (PDF)
- Common Misconceptions (PDF)
Guiding Principles
- Creates incentives that promote academic quality and excellence
- Creates incentives at all levels of the University that promote financial sustainability
- Encourages innovation and entrepreneurship throughout the University
- Provides transparency, clarity, and predictability
- Can be easily understood, is easy to implement and operate, and is flexible
- Can operate in all cycles of the economy, whether robust or downturn
- Fosters interdisciplinary scholarly and teaching activity
Reports & Data
- IBB Overview & Multi-Year Planning Scenarios (PDF) (UVM login required)
- Introduction/Explanation of IBB Reports (PDF) (UVM login required)
- FY 2015 (shadow year) (UVM login required)
- FY 2016 (UVM login required)
- FY 2017 (UVM login required)
- FY 2018 (UVM login required)
- FY 2019 (UVM login required)
- FY 2020 (UVM login required)
Model Development & Governance
UVM's IBB model went live in FY16. The IBB Steering Committee continues to meet to assess the model’s performance and impact. Metrics associated with the model are reviewed annually. The next major review of the model will occur in FY24, with the implementation of IBB Model 3.0 in FY25.
Unit Contacts
Each College/School/Unit has an identified local resource trained on IBB by the Financial Analysis and Budgeting Office. Any questions regarding IBB should be directed to them. If you still have questions after contacting your local resource, please contact your FAB analyst.
| Responsibility Centers | Contact |
|---|---|
| College of Arts & Sciences | Linda Burnham, Business Operations Administrator |
| College of Agriculture & Life Sciences, including Extension | Stephanie Dion, Business Operations Administrator |
| College of Education & Social Services | Pamela Blum, Business Operations Administrator |
| College of Engineering & Mathematical Sciences | Doug Dickey, Business Operations Administrator |
| College of Nursing & Health Sciences | Shari Bergquist, Assistant Dean |
| Larner College of Medicine | Brian Cote, Senior Associate Dean |
| Rubenstein School of Environment & Natural Resources | Rose Feenan, Assistant Dean |
| Grossman School of Business | Alec Adams, Business Operations Administrator |
| Hybrid Support Centers | Contact |
| Continuing & Distance Education | Cathy Krupp, Administrative Professional Sr |
| Office of the Vice President for Research | Daniel Harvey, Assistant Dean |
| Support Centers | Contact |
| Honors College, Graduate College, and all other administrative units reporting to the President, Provost, Vice Provost, or a Vice President | Your ABSC analyst |