Temple’s budget practices must contain appropriate incentives to support academic quality and efficiency, recognizing that Temple’s primary mission is to support students through its teaching and research enterprise first, and its goals and success supersede those of the individual units and revenue centers.

The closer the point of an operating decision is to the point of implementation, the better the decision is likely to be. Realign the authority for making decisions with their financial outcomes.

The budget model should be consistent, predictable and transparent. Considers a student-focused approach to the delivery and funding of services to ensure equitable access.

Create incentives to encourage and recognize appropriate risk taking and efforts to enhance revenue and reduce expenses. Support and reward units for interdisciplinary collaborations and discourage internal competition.

The budget model, including the allocation of revenues and indirect expenses, should be simple to understand, explain and maintain.