Introduction This report marks the end of Fiscal 2019 budget development, and is the culmination of more than six months of work by several CWU employees on the FY 2019 budget, as well as a forecast for the six years following FY 2019. Much work has been done over the past four years to get to this point, beginning with the implementation of our budgeting system, called CatPlan; the trade name is Hyperion PBCS, an Oracle product. With the introduction of CatPlan and the business process changes that came with it, CWU has the same capabilities to budget, forecast, and report on financial data as the most sophisticated for-profit and not-for-profit entities. At the same time staff were implementing new budgeting software, the university began the process to change some elements of its budget methodology. In 2018, CWU moved academic units away from incremental budgeting to Activity Based Budgeting (ABB) within the Responsibility Center Management (RCM) philosophy. Self-supporting (not state subsidized) areas of the university – encompassing about a third of units – embraced a commercial style budgeting methodology many years ago. The transition to RCM/ABB required a lengthy campus dialogue in order to arrive at the most relevant revenue allocation models, as well as the guiding principles and governance structure. This four-year long, highly inclusive campus-wide conversation led to the implementation of the RCM/ABB process beginning in FY 2018. Of course, the model implemented in FY 2018 was imperfect, and in FY 2019 some minor changes were made to address these imperfections using the process put in place in FY 2018. There will, no doubt, be changes proposed in FY 2020 and beyond, in order to fully realize the potential of Responsibility Center Management in our core functional areas.
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