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The University of New Mexico

Sustainable Financial Model

Proposed Strategy:

Ensure a diversified, sustainable financial model to support the goals, mission, and values of the university.

Potential objectives for completion in 2016-17:

  • Evaluate base year of the Tuition Share budget allocation model and make any necessary adjustments for FY18

  • Implement short-term spending reductions to balance main campus I&G budget

  • Develop and implement strategies for long-term spending reduction

  • Develop new mechanisms to leverage diverse funding streams such as tuition, state funding, contracts, grants, etc.