The Shared Responsibility Budget Model (SRBM) serves as Oregon State University’s budgeting process that allocates revenue to colleges and service and support units. The SRBM was implemented in FY 2018 as a shift away from incremental budgeting. The SRBM changed the budget allocation methodology and shifted authority and discretion around budgeting decisions to the funded colleges/units. The model allocates OSU’s Educational & General (E&G) funds each fiscal year.
Following months of collaboration and conversations across colleges and central administration, a multi-year project facilitated by a committee of stakeholders and faculty peers has concluded its assessment and resulted in an update of OSU’s SRBM in alignment with the state funding model. The revised SRBM serves to provide an equitable distribution of E&G funds.