The Office of Budget and Resource Planning (BRP) has been instrumental in supporting the provost’s initiative to update the Corvallis Shared Responsibility Budget Model (SRBM), which is a tool used to allocate Education & General Funds (state appropriations and tuition) to colleges.

BRP is now working with the SRBM Implementation Advisory Committee to communicate updates to OSU’s budget model to campus stakeholders, so people can better understand how revenues are allocated.

Here are some things to know about the how the SRBM allocates funds to OSU colleges:  

  • The SRBM allocates tuition revenue and state E&G funds for teaching and degree production. 
  • The revised SRBM increases transparency and significantly simplifies the allocation of revenues, enabling colleges to plan and forecast with greater precision. 
  • The SRBM distributes revenues at the college level only and does not constrain colleges on allocation structures within colleges. 
  • The revised SRBM continues to maintain high-level alignment with the state-funding model. 
  • The revised SRBM has eliminated the use of CIP codes, which perpetuated historical biases and suggested a devaluing of some disciplines. 
  • The revised SRBM supports and includes incentives that support Prosperity Widely Shared: The Oregon State Plan and CORE education. 
  • Allocations for strategic populations are included in the revised SRBM, including identifying OSU-Cascades students as a strategic population. 
  • The SRBM seeks to address anti-racism through an equity lens.

Check out https://fa.oregonstate.edu/budget/budget-model for more details. OSU’s regular budget conversations (https://fa.oregonstate.edu/budget/budget-conversations) are a great opportunity to learn more about this topic in an informal, interactive way. 

Last Updated: 
02/19/2024
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