Resource Allocation and Budget Development

Resource Allocation and Budget Development

Planning efforts at Lane are organized around the college’s mission and core themes.

Institutional Planning efforts represent college-wide strategic directions and priority actions needed to support and improve achievement of Lane’s core theme objectives. Institutional plans both inform and are informed by Program and Department Plans, which include program review and annual department planning.

As illustrated in the graphic below, institutional and program/department implementation plans flow into the annual budget development process. Resource allocation is driven by financial forecasts, budgetary projections, and strategic allocation of available resources identified through the planning process.

Once plans are executed, outcomes are assessed, with summative reports provided to the Institutional Effectiveness Committee, Board of Education and campus community and serve as an input to the next planning cycle.