Higher Education has entered a "new era" for budgeting. Colleges and universities are being tasked with seeking alternate revenue sources and reallocating existing expenses to fund new spending needs. This presents a strategic budgeting imperative for senior leaders in higher education, including Chief Finance Officers, Presidents, Provosts, and Trustees.

Based on a description of the current budgeting landscape, this eBook offers five key principles or IDEAS—Integration, Decisions, Evidence, Adaptability, and Strategy—to guide budgeting in higher education going forward.