There are several different budget models applied within institutions of higher education. While the fundamental methods are similar, each is unique because it reflects the mission and strategic investments of an institution. There is a robust body of literature dedicated to describing these financial models and detailing the experience and implications (Curry, 1996; Curry, Laws, Strauss, 2013; Priest, Becker, Hossler and St. John, 2002; Salamon and Strauss, 1979; Strauss and Curry 2002; Theobald and Thompson, 2000; Whalen, 1991).

Current examples of similar budget models in public higher education:

Additional resources:

Colleges 'Unleash the Deans' With Decentralized Budgets (Feb. 9, 2015) by Scott Carlson, The Chronicle of Higher Education (may be locked to subscribers only)

University of Michigan's University Budget model- conceptual basis for the model 1998-2000 and revised in 2008

Dubeck, L. Beware Higher Ed's Newest Budget Twist. The NEA Higher Education Journal, Spring 2007

Greer, D.G. and Klein, M.W. (2010). A new model for financing public colleges and universities. On the Horizon. Vol. 18 (4): 320-336

Texas Tech Revenue Enhancement and Allocation (REA) Task Force Reports on Benchmark Institutions and RCM (2008). In June 2009, Texas Tech hired Dr. Jon Strauss to serve as both interim dean of Engineering and the chair of the RCM Council. Texas Tech presentation at NACUBO - RCM: The good, the bad and the ugly

Portland State University (2011) Financial Futures Taskforce Report