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Ensure Financial Integrity and Strength

UNM operates in the context of a modern economy, raises funds through innovative mechanisms and judiciously invests them, and utilizes strategies that recognize and address financial and market realities in higher education.

STRATEGY 6.1: DEVELOP A DIVERSIFIED, SUSTAINABLE FINANCIAL MODEL TO SUPPORT THE GOALS, MISSION, AND VALUES OF THE UNIVERSITY

Metric: Regular reporting and approval of budget milestones according to annual budget development timeline

Objective 6.1.1: Utilize the “Tuition Share” budget allocation process to incentivize revenue growth and quality improvement. Completion Target: Spring 2018, Responsibility: Harris and White

STRATEGY 6.2: ENSURE REGULATORY COMPLIANCE AND MAXIMIZE SAFETY ON OUR CAMPUS WHILE CONTROLLING COST

Metric: Annual progress on campus-wide risk assessment (assessment to be developed during FY17 in conjunction with Regents Audit and Compliance Committee)

Objective 6.2.1: Increase awareness and effectiveness of EthicsPoint Compliance Hotline reporting through marketing measures, improved Hotline features to increase ease of use, and increased communication with compliance partners. Completion Target: Spring 2018, Responsibility: Abdallah

STRATEGY 6.3: CONTINUE BUILDING THE UNM ENDOWMENT

Metric: Year-end endowment market value

Objective 6.3.1: Grow endowment to $480M by 2020. Completion Target: Summer 2020, Responsibility: Nemcik

Objective 6.3.2: Achieve annual fundraising goal of $80M. Completion Target: Summer 2018, Responsibility: Nemcik