2024 Budget Model Revision Process
Consistent with our mission and 2030 Strategic Plan, CU Denver is routinely looking for ways to innovate, grow, and attract and retain more students seeking a Lynx education. We’ve had our current budget model for seven years. A budget model determines how funds, resources, and incentives are allocated.
With numerous macro trends impacting colleges in recent years such as COVID and enrollment fluctuations, it makes sense to revisit our model now. A revised budget model enables us to determine how budgets, resources, and incentives could be allocated with consideration of:
• higher education’s evolving practices
• ways that promote the financial health of the campus overall
• meeting the needs of schools, colleges, and programs— and ultimately, our students.
Our campus' revised budget model planning process began in April 2024 with a preview during the April X budget info session and will conclude in spring 2025, for adoption in July 2025. As the process moves forward this fall, this page will be updated with more information and engagement opportunities for faculty and staff.
Revision Process Timeline
April 2024
Project launches
June – early August 2024
Project team begins planning
September 2024
Project steering committee forms
September 2024 – March 2025
- Steering Committee meets twice a month for 90 minutes to review the current budget model and formulate recommendations for improvements. Minutes will be shared publicly.
- Series of info sessions for all faculty and staff to learn more about the process and ask questions.
March 2025
Project team and steering committee submit recommendations to executive team for review.
July 2025
New budget model adopted