Primary Differences: Previous Model vs. UFM

UVa's historical budget model primarily used a target-based system to control expenditures, rather than recognizing the total financial sources available to a unit.  In its simplist form, the model rolled forward the units' previous year operating budgets and either added or subtracted some amount of funding to those figures.  This approach did not tie activity levels (e.g. enrollments, credit hours instructed, research activity, etc.) directly to funding and thereofre could result in non-equitable and/or non-transparent funding allocations.  UFM is intended to remedy these issues and utilize a data-driven approach to resouce allocation.