University of North Texas 
Strategic Budget Guiding Principles
The new budgeting model and process for the University of North Texas advances the mission, values, and strategic priorities for the university. As we continue this important work, our committees will keep the following guiding principles in mind.
- Encourage open communication about available resources, and enable the ability of regular reporting by colleges, schools, and units
- Align unit-level budgeting with UNT's strategic priorities
- Ensure relevant stakeholders have access to necessary information and reports
- Provide budget guidelines and formulas that offer consistent, predictable support
- Develop an auditing timeline that supports financial integrity
- Student Success: Prioritize budget allocations that directly support student success, while also supporting faculty and staff efforts to improve student success
- Faculty Success: Support and encourage faculty-led research, innovation, and creative contributions
- Staff Success: Focus the budgeting process to incentivize, strengthen, and support operational effectiveness and efficiency
- Support strategic forecasting, analysis, and data-driven decision making
- Strengthen activities aligned with university strategic priorities
- Provide guidance for current and future goals
- Encourage innovation that adds to revenue or improves institutional efficiency and productivity
- Facilitate mission-specific resource allocation
- Foster a culture of entrepreneurship and mentorship
- Provides for adjustments in budget allocations or priorities that are adaptable to new opportunities and challenges
- Facilitate contingency planning
- Encourage cross-unit and interdisciplinary collaboration
- Encourage external partnerships that generate revenue or enhance educational and research excellence
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Prioritize excellence and enhance reputational areas of significance
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Consider the social and ethical implications of budget decisions