The Colors of Money Part II – Who Decides?

October 3, 2017

This is a follow-up to last year’s mini-course on Georgia Tech’s “Colors of Money.” Following an update of Georgia Tech’s fiscal 2018 budget, participants will look “behind the curtain” of how funding distributions from various sources are determined. A special focus will be placed on the flexible funding in Georgia Tech’s “General Fund,” which includes revenue from state, tuition, indirect cost recoveries, and various student and other fee sources. During this presentation, Kirk will explain the roles that Georgia Tech and the Board of Regents (BOR) play in determining tuition and fee levels. Also, the presenter will address how state funding for employee merit increases and student enrollment increases is determined, beginning with the BOR’s request to the Governor on behalf of the University System of Georgia, and financial challenges faced by Georgia Tech this year and future years.

Jim Kirk

Jim Kirk
Executive Director - Institute Budget Planning & Administration

Jim Kirk has served as Georgia Tech’s Executive Director of Budget Planning and Administration since 2000. He came to Georgia Tech from the University of South Carolina, where he was Budget Director. Previously Jim held various financial management positions in South Carolina State Government, including Deputy State Director for both the Department of Social Services and the Department of Disabilities and Special Needs and State Budget Analyst in the Office of the Governor. He began his public financial management career as a budget analyst for Arlington County, Virginia. He has written a number of publications and has taught many classes in the fields of public budgeting and finance and grants administration. He holds a master’s degree in public administration from The George Washington University in Washington, D.C. and a bachelor’s degree in economics from Vanderbilt University in Nashville, Tennessee.