Dear Colleagues:

 As many of you know, we have created a website to provide more information and detail about our ongoing evaluation of our budget model:  www.memphis.edu/sri.   We are calling the budget model Strategic Resource Investment (SRI)which is the University of Memphis’ version of a widely used higher education budget model often referred to as Responsibility Centered Management (RCM).  As an update, the committee continues its work and will offer a recommendation in the very near future. Once we’ve received a recommendation,we  will begin a year-long process of discussion, providing ample opportunity for input across campus. The website now includes a forum component, a mechanism allowing easy access for you to raise questions and concerns or simply offer input.  Deans and department chairs have already raised a number of questions. The forum will start by addressing those questions in the coming weeks.  Let me encourage you to visit the website and make use of the forum. Thank you for your help as we explore how to make our budgeting process more transparent, efficient and effective. 

 Go Tigers! 

M. David Rudd, Provost