Improving budget planning at the university, taking into account revenues from additional sources of funding

Abstract

The relevance of studying the transformation of budget planning in universities, taking into account the growing role of extra-budgetary sources of funding, cannot be overestimated. The purpose of this work is to theoretically substantiate and develop practical recommendations for improving the budget process based on the successful reflection of additional revenues in income calculations and forecasts. Materials and methods. The theoretical basis of the research is work on the economics of education, financial management and budget planning. To analyze budgeting models in Russian universities, reporting and planning data from 20 universities over 5 years were analyzed. Results. It is shown that with an increase in the share of income from paid educational services, scientific, technical and commercial projects, the nature of the financial support of the university changes. An approach to budget planning is proposed, focused on the diversification of sources and the flexibility of the financial model. The introduction of a multi-level budgeting system will require, first of all, organizational measures to develop and approve new regulations, instructions and methods. In addition, technical modernization of budget management software will be required in the amount of 12-15 million rubles. The implementation of an open reporting system and access to planned data can cost 5-7 million rubles through the creation of a single information resource and portal. The total costs of implementing the entire range of measures are estimated at 55-60 million rubles. However, annual cost savings due to more efficient management can amount to at least 120-150 million rubles.