Overview

Revenues are allocated to Faculties based on Activity (enrolment, teaching, research, other). Support unit (e.g. Library, SGS, HR, etc.) budgets are deducted from the Faculty revenues based on cost drivers. Unforeseen events, strategic priorities and holding harmless faculties negatively impacted by the new model, required the creation of a University Fund which is funded with a tax on revenue.

Framework Revenue Chart

Step 1

Attribute Framework Revenue

  • Attribute Framework Revenue based on the Revenue Drivers

Step 2

Tax it!

  • Contribute to University Fund & Research Infrastructure Fund (RIF)
  • Receive RIF Rebate

Step 3

Attribute Support Envelopes

  • Attribute Support Unit envelopes using Cost Drivers

Step 4

Assess Hold Harmless

  • Assess results compared to base year