|
[Print-friendly version]
In 2003, the Vice-Chancellor engaged consultant Phillips Curran to undertake a review of the University's prudential position and internal budgeting process (ie RFM) in the context of the significant changes to funding for the Higher Education Sector outlined in Minister Nelson's May 2003 report "Backing Australia's Future".The University, with the assistance of Phillips Curran, developed a new funding model focusing on an increase in fairness, simplicity and transparency, whilst maintaining the balance between rewarding performance and producing an equitable distribution of funds across the University. This will ensure our continued development as a high quality, broadly based University of Technology.
In 2004 a number of matters arising from the 2003 review were revisted, and an "Alternative Model" was proposed.
- Relative Funding Model - Phase II
- Paper 5 - Overarching Principles
- Paper 6 - HECS Top-Up Revenue and Other Changes to Base Operating Grant
- Paper 8B and 8D - University Wide Allocations and Strategic Development Fund
- Paper 8C - Off the Top (Strategic Allocations)
- Paper 8E - Performance Management and OPTs
- Paper 8F - Divisional Funding Arrangement
- Paper 8G - Fee Incentive Arrangements
- Paper 8H - Revenue Retention for Internal User Charging
- Paper 8I - Load Management and Funding
- Paper 8K - Retained Funds (Carry-Over)
- Paper 8L - Corporate and Off-shore Award Programs in Activity 21
- Paper 8N - Clinical and Teaching Practica
- Paper 8P - Library Resource Allocation
- Paper 8R - Reforecast Funding Distribution
- Paper - Alternate Model
VCAC endorsed the principles of the Alternate Model for use in the development of the 2005 Budget. Please note: These documents are QUT access only, and supplied in Adobe Acrobat (PDF)  .
|
