Defining roles, measures of success and allocation methodologies increases transparency and accountability in the budget process.
Best Practices in Community College Budgeting
A. Establish criteria and measures for success of the budgeting process. Defining measures of success and owners of the process keeps the budget process focused and accountable.
B. Allocate costs of shared support services to sub-units to better understand the true cost of offering services. Using a model to allocate resources for support services (e.g. administration and technology) promotes transparency and equity across the college and helps reduce ambiguity.