Timeline

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Timeline

The Budget Model Redesign (BMR) project is a key step in the third phase of MSU's financial transformation plan: creating a sustainable model.

The redesign is being implemented in phases, with ongoing evaluation and refinement. Phase I is focused on academic year enrollment incentives. Future phases include sponsored research support, summer enrollment, and non-traditional enrollment.

Project Phases

Model Design

Fall 2025 - Spring 2026
Following the establishment of the BMR project team:

Align on goals and guiding principles
Explore and make decisions on budget model design options
Determine implications of budget model decisions on unit funding
Iterate on design choices based on potential future funding scenarios

Parallel Year

Spring 2026
To prepare colleges and units for the future implementation of the new budget model:

Run traditional budget process for FY27 via Spartan Financial Navigator
Replicate the FY27 planned budget using the new model for visibility and understanding

Preparation

Summer - Fall 2026
Using feedback collected during the parallel budgeting process:

Code the new budget model in Spartan Financial Navigator
Prepare for FY28 budgeting cycle

Implementation of Phase I Model

Spring 2027
Launch Phase I of the redesigned budget model:

Conduct the FY28 budgeting cycle using the new budget model in Spartan Financial Navigator
Monitor for issues and concerns