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

Guiding Principles

  1. Creates incentives that promote academic quality and excellence
  2. Creates incentives at all levels of the University that promote financial sustainability
  3. Encourages innovation and entrepreneurship throughout the University
  4. Provides transparency, clarity, and predictability
  5. Can be easily understood, is easy to implement and operate, and is flexible
  6. Can operate in all cycles of the economy, whether robust or downturn
  7. Fosters interdisciplinary scholarly and teaching activity

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.

Unit IBB Contacts
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

Contact the FAB Office

440 College Street
Burlington, VT 05405