Glossary of Budget Terms
Activity-based budget model
In 2013-14 the university transitioned to an activity-based budget model which sees all revenues flow directly to the faculty or school that generates that revenue, and charges a proportionate share of central university costs, such as shared services, back to the faculties and schools. The model provides a transparent budget process and incentives to grow revenue and contain costs.
Shared Services
The units on campus that provide services to the university as a whole, such as Human Resources, Advancement, the Library, senior administration, student services, and ITServices. Occupancy costs, like utilities and custodial services, and student financial support are also included among shared services. Shared Services should be viewed as enablers or facilitators whose purpose is to support and enhance the academic enterprise, through direct support to faculties and schools or indirect support to other shared services.
Operating Budget
Approved annually by the Board of Trustees, the operating budget sets out projected revenue and expenses associated with the university’s operations.
Where can I find Data Glossary Link and Resources?
Please bookmark this page on the recently launched Data Governance website.
The Data Initiatives webpage is the central hub for Data Glossary resources. It includes a quick access link to Microsoft Purview as well as supporting documentation for both glossary users and glossary administrators.
What resources are available?
- Link to Microsoft Purview: A direct link to browse and search the terms in Microsoft
- Microsoft Purview User Guide . The guide is organized into two sections to support different user groups:
- Glossary Reader section for all staff and faculty members with administrative responsibilities : to search terms, view metadata and make request for new glossary terms
- Stewards & Delegates Section : for those in the role of a data steward or delegate of a data steward: to add new terms, update and retire terms or add metadata details
- Glossary Reader section for all staff and faculty members with administrative responsibilities : to search terms, view metadata and make request for new glossary terms