University of Missouri

Long range planning

After the close of the first quarter, meetings are scheduled between the Provost and each Dean and their fiscal staff to review the academic performance of the college. The process involves a review of budget vs actuals from the prior year, forecasts of performance for the current and three future years. The future year assumptions, guidelines for reporting and training are provided by the Division of Finance. The planning process and reporting are completed using the Long Range Planning application within Hyperion.

FY18 LRP assumptions

FY19 FY20 FY21
General revenue allocation TBD TBD TBD
Flat benefit rate TBD TBD TBD

Other assumptions

  • Salary increases
  • Endowment income
  • Interest income
  • Supplemental fees

Please see FY18 LRP report preparation for further assistance in preparing for your LRP meeting.

Prior year assumptions

Questions?

Nicole Kilgore

Contact information