(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 Roadrunners face Marshall in the final home game of the regular season.Alamodome, 100 Montana St., Downtown San Antonio
iTEC’s camps are a great way to get kids interested in the fields of science, technology, engineering, and math through hands-on activities. Register online.Applied Engineering and Technology Building (AET 1.202), Main Campus
This event showcases innovative student projects and research performed across multiple disciplines including engineering, science and business.H-E-B University Center Ballroom (HUC 1.104), Main Campus
President Taylor Eighmy is inviting all UTSA students to "Pizza With The Prez." Come grab a slice of pizza and take the opportunity to introduce yourself to the President. Pizza while supplies last.Sombrilla, Main Campus
The UTSA Center for the Inquiry of Transformative Literacies sponsors this free event that's open to the public.Buena Vista Street Building (BVB 1.338), Downtown Campus
Enjoy winter holidays from around the world plus performances, free food and lighting of the Paseo.University Center Paseo, Main Campus
President Taylor Eighmy is inviting all UTSA faculty and staff to "Tacos With Taylor." Take the opportunity to introduce yourself to the President at any one of these casual meet and greets.UTSA Institute of Texan Cultures, Hemisfair Campus
After UTSA class rings spend the night in the Alamo, Roadrunners will receive their special keepsake with fellow Roadrunners during this one of a kind ceremony.H-E-B University Center Ballroom (HUC 1.104), Main Campus
The University of Texas at San Antonio is dedicated to the advancement of knowledge through research and discovery, teaching and learning, community engagement and public service. As an institution of access and excellence, UTSA embraces multicultural traditions and serves as a center for intellectual and creative resources as well as a catalyst for socioeconomic development and the commercialization of intellectual property - for Texas, the nation and the world.
To be a premier public research university, providing access to educational excellence and preparing citizen leaders for the global environment.
We encourage an environment of dialogue and discovery, where integrity, excellence, inclusiveness, respect, collaboration and innovation are fostered.
© 2017 The University of Texas at San Antonio | One UTSA Circle San Antonio, TX 78249 | Information 210-458-4011