Latest campus and coronavirus information Roadrunner Return Fall 2020

Budget Model Overview & Reports

IRM Budget Model Overview

The Budget Model Overview provides information on the model concepts, structure, activity drivers and flow of funds. These guidelines will be routinely updated to expand on concepts or provide clarity as needed. The guidelines provide an overview of the following:

  • Background on the university’s move to IRM
  • IRM vs. incremental process
  • IRM unit overview
  • Activity drivers used for allocation within the IRM model
  • IRM funds flow
  • Model structure for revenue and expense allocations
  • Strategic investment fund
  • IRM model sample
  • Governance structure

IRM Budget Book

The FY2020 IRM Budget Book includes the FY2020 IRM Budget at a summary level, as well as detailed pages for academic revenue units, auxiliary revenue units and support units, which are defined in the IRM budget structure and discussed in the Budget Model Overview.

IRM Guidelines for Carry Forward Process 

Cost Center balances will carry forward at the end of FY 2020 based on the process document. This document will guide you through the rules that apply to the various fund types. If you have questions regarding the steps that will be taken, send us an email.