Higher Education Budgeting: Engaging Stakeholders To Make Tough Tradeoffs

Withstand budget challenges in higher education with new, innovative strategies that are proven to work. In this webinar, leaders from top universities share real-world experiences on how community engagement is crucial to weather financial difficulty.

Higher Education is undergoing significant revenue changes. Institutions face declining tuition revenues, lower state funding allocations, rising inflation, and subsequent cuts to programs. 

But luckily, there are strategies that ensure fiscal stability in the long term. 

The best way to manage budget priorities with tighter limitations is through community input.  And now, there are simpler, more effective ways to involve the community in making key trade-offs. 

Takeaways:

• Universities can use new technologies to create "nimble, transparent, and strategic budgets."
• Foundational best practices combined with participatory tools can lead to practical solutions for modernizing your institution’s budget.
• Economists predict budget shortfalls for higher education. Stakeholder engagement can help fiscal professionals whether the storm.

Speakers: 

• Jim Carpenter, CFO, Metropolitan State University of Denver
• Frankline Muthomi, Associate Professor of Public Administration, Portland State University 
• Chris Adams, Founder and President, Balancing Act from Polco