College & University Budgeting: An Introduction for Faculty and Academic Administrators
As always, Larry Goldstein has his finger on the pulse of higher education, and offers a sound primer on budgeting and practical insights and advice based on real experiences with a wide range of institutions. His clear, direct writing style enables readers to quickly understand why budgeting is so crucial regardless of the level of resources available, the transforming role it can play, and how one can be most effective in the process. This resource is absolutely essential for anyone aspiring to influence the direction of their institution! --Edward R. MacKay, Vice Chancellor and Treasurer, University System of New HampshireThere is not a more important process on any campus than the creation and adoption of the budget. The budget gives us discipline, helps us prioritize expenditures, and serves as a control device and benchmark against which we measure our progress and success. Wise decisions will be made if everyone better understands the budgeting environment. Larry has done a masterful job of updating this third edition. He has made substantial improvements and offers insights that will lead those not intimately involved in the budget process to be more knowledgeable and informed. This book serves as a wonderful resource, not to explain the details of the many different budget techniques, but to help explain the process, options, and factors that influence the budget environment. It is a valuable tool that should be available to those who wish to or should be leaders in creating the institution's budget. --Dr. Jerry B. Farley, President, Washburn UniversityLarry Goldstein has developed the most comprehensive introduction to college and university budgeting available. Individuals who are new to the financial operation will gain a thorough insight into the budgeting process. It is also a great reference and refresher for those of us who have been a part of the process for some time, as it informs us of new issues and models to consider as we rethink our own system. --John A. Palmucci, Vice President for Finance and Treasurer, Loyola College in Maryland