Funding Studies and Models
Making key decisions with respect to the adequacy and equity of funding is especially critical in today’s challenging economic environment. Our senior consultants lend their expertise in the areas of financial and capital planning, budgeting, and management systems in higher education. You will benefit from a wealth of experience and innovative thinking.
We have conducted studies to develop:
- new appropriations request formulas,
- identify and evaluate alternative funding methods,
- create performance-based funding models, and
- develop current funding equity analyses.
MGT has assisted clients in a majority of states assess formula budgeting processes and recommend changes in request and allocation guidelines.
MGT Funding Study Methodologies include:
- External peer comparisons
- Detailed inter/intrasystem analyses
- Evaluation of allocation formulas
- Review of internal controls
- Analyses of relevant rules and statutes
- Examination of the needs for base level funding
- Evaluation of the strengths and weaknesses of alternative methodologies
