Creating flexible budget models to accomplish sustainability goals
Presidents, CFOs, and trustee finance committee members will not travel too far down any paths related to sustainability until their associated costs are identified and thoroughly assessed.
Unfortunately, these considerations often still take place within confusing, partially-informed situations on campuses. Budgeting strategically to accomplish multiyear sustainability objectives is among the most significant challenges for a leadership team. Optimally, there needs to be a budget process in place that can flexibly address key sustainability needs at any point in a fiscal year.