The Bank is comprised of a series of spread sheets and support documents that pulls together the diverse elements of the university's budget. It attempts to reconcile university costs, resources, and productivity. The Bank is intended as a guide for the distribution of UF resources. As academics, we tend to mistrust any attempt to quantify our job performance. While this worry is not necessarily misguided, we should have an open mind about the potential up-side of the Bank.
CLAS faculty are very productive teachers and scholars.
If the Bank captures this accurately, the College should look good and be rewarded. That's the theory. This approach to budgeting at UF should hardly come as a surprise. The next logical step was to make use of these data for budgetary purposes. With the UF Bank, this phase has commenced.