A Note from Provost Haggerty

October 27, 2022

Dear Colleagues,

I write to you today to announce that the academic enterprise at LSU will begin using a zero-based budget model beginning in FY 2024. 

Historically, LSU has used an incremental budget model which uses the current year’s budget as a base with minor adjustments made each year. An incremental budget, while relatively easy to build, is usually not strategic. The zero-based budgeting (ZBB) technique requires justifications for all expenses, starting from zero. The goal of this budgetary model is to allocate resources in an efficient manner in order to support LSU’s strategic plan and the Scholarship First agenda. 

I plan to address many of the important needs at LSU with this model, including: faculty raises, graduate student stipends and health benefits, student success, research support and more.

You can find more information, including an implementation timeline, here. As always, I welcome your questions and feedback, which can be sent to provost@lsu.edu

Sincerely,

Roy Haggerty
Executive Vice President & Provost