Process Established for Funding Strategic Initiatives

Posted on 10/16/2012 1:07:31 PM

President Michael Driscoll announces the proposal method for funding of strategic initiatives for fiscal year 2012–13.

On July 20, I communicated to you in an e-mail message and via IUP Daily an overview of our budget picture and said then that I would engage in further discussions on identifying highest priority investments for spending money held back from budgets.

The $1.1 million hold back I described in July acts as a buffer against future reduced allocations, but it also allows for modest investments in areas of critical strategic importance to the future of IUP.

We recognize that we must make at least some investment in those areas that are most important to our future success. Proposals for possible investment are now being solicited.

Proposals should be submitted through your reporting structure and will be filtered through each vice presidential area for consideration. The deadline for vice presidents to submit final proposals to the Budget Office is October 30. The Budget Office will facilitate review of the submitted proposals by the University Planning Council, which will make recommendations on funding to the President’s Cabinet. The President’s Cabinet will make final funding decisions by November 15.

Michael A. Driscoll

Proposing a Strategic Initiative