(Oct. 23, 2017) -- UTSA President Taylor Eighmy today announced a third initiative to make UTSA San Antonio's university of the future. The President’s Initiative on Finance and Budget Modeling will create a strong foundation for UTSA’s fiscal health and lays the groundwork for the growth and innovation to come.
"Research intensive institutions have extraordinarily complex budgets that are influenced by a multitude of internal and external factors," said Eighmy. "Though some of these factors are outside of an institution's control, such as state appropriations, ensuring UTSA's financial trajectory positions us to best invest in our future."
Similar to the Student Success and Strategic Enrollment initiatives launched last week, Eighmy expressed an urgent need for this initiative, in an email sent today to UTSA faculty and staff.
"Sound financial practices are paramount to achieving institutional goals," he said.
The Finance and Budget Modeling Task Force will develop strategies to optimize UTSA's resources and identify opportunities to improve financial performance. Through a careful examination and adoption of best practices, the task force will explore possible new budget models, identifying those that will work best for UTSA and align to its mission, vision and institutional themes.
Eighmy encouraged the task force to prioritize budget models that are transparent and data-driven, and emphasize incentivizing strategic practices for revenue growth.
UTSA Vice President for Business Affairs Kathy Funk-Baxter will lead the Finance and Budget Modeling Initiative. She has 25 years of experience in financial management as well as proven leadership at UTSA and in multiple professional organizations.
The task force will begin with a deep dive into UTSA's current financial position and areas for greatest opportunity. To assist in the effort, UTSA has hired Huron, a leading higher education consulting firm that has partnered with the institution on a variety of projects.
"The time and energy that will go into this initiative is a direct investment in UTSA’s future and our march toward excellence," said Eighmy. "As we embark on this new chapter of thinking bigger, I am grateful to our students, faculty, staff and supporters for collectively owning UTSA’s success."
Learn more about the President's Initative on Finance & Budget Modeling.
Learn more about the President’s Initiative on Student Success.
Learn more about the President’s Initiative on Strategic Enrollment.
Read the October 3 email President Eighmy sent to the UTSA community about his vision for the future.
The UTSA Office of Veteran and Military Affairs is hosting a day full of outreach events and activities by the U.S. Navy as part of a larger Navy presence in San Antonio called Navy Week with various events in the community through Feb. 25.Student Union Paseo and Convocation Center entrance, Main Campus
Join this interactive play that is a courtroom drama and the audience is the jury. Discussion and will follow.Student Union, Retama Auditorium (SU 2.02.02), Main Campus
Langston Clark, UTSA assistant professor in the Department of Kinesiology, Health, and Nutrition will discuss exploring the historical context for the role of black athletes in contemporary social movements.John Peace Library, Assembly Room (JPL 4.04.22), Main Campus
The UTSA African American Studies program invites speakers from the leading African American Fraternities and Sororities for a panel discussion of the history of each organization and to enlighten the audience about the community service, academic purpose, professionalism and ethical roots of each group.Student Union, Mesquite Room (SU 2.01.24), Main Campus
MuTe Fest is a celebration of original music and technology. Three days of concerts, sessions, and informative lectures will offer a unique experience of musical works created by fellow UTSA students and the chance to gain valuable knowledge about music technology.Art Building, Music Tech Lab (Arts 3.01.30B), Main Campus
UTSA Libraries hosts Assistant Professor Ian Caine for his lecture, Architectural Postcards from Space, as part of the popular Pizza + Research series. Pizza will be served while supplies last.Buena Vista Street Building (BVB 2.304), Downtown Campus
The theme of this year’s symposium is Black & Brown Futures. The free event will give UTSA students and the community the opportunity to meet and hear national scholars talk about current research and academic trends relevant to the lives of African Americans in the United States.Student Union, Denman Room (SU 2.01.28), Main Campus
Registration is open now for this family-friendly and dog-friendly run that supports the UTSA Alumni Association scholarship fund.Convocation Center, Main Campus