The Annual Review activity is two-fold: a summary of the division’s
or school’s contribution to the University’s Vision, Mission and
Values Statements; and, the review of current programs and operations in five-year
cycles. These reviews will lead to future plans, including reallocation of resources.
Annually, each Dean and Vice President will complete a one-page template briefly
stating how their division supported the Mission, Vision and Values of the University
during the previous year and identifying specific goals the departments focused
on in support of the University Mission, Vision and Values, and Strategic Initiatives.
Additionally, Executive Officers will prepare a financial profile of approximately
20% of their departments and programs. The Deans, Vice Presidents and the respective
department managers will prioritize the departments to be profiled and will
have opportunity to comment and participate in these reviews. The Budget Office
will assist units in their financial review process by gathering the data, putting
the data into uniform formats or templates, and providing benchmarks and best
practices data where available. These financial profiles will use standard measures
so that departments can compare themselves against other departments within
USF and often, external to USF, thus creating a culture of evidence and standards
against which to measure performance, improvements, efficiency, and financial
contribution to the University.
source: Summary of Planning, Budget and Annual Review Process 9/4/02