Poor Budget Management : A Case Study

In the remainder of the paper, the organization and governance of Jacksonville University, along with the impact of societal changes, as well as the three forces (the public, the consumer, and the faculty) that determine its existence over the years, will be explored.

Established in 1934, JU was originally established as a two-year junior college that offered night classes to encourage both young people and adults to pursue their learning. As the primary educational institution that catered to the local growing community, JU was able to consolidate its position and expand its curricular offerings. In 1956, it became a four-year universi

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successful fundraising campaign in 2000, JU also embarked on an ambitious campaign to restore its old facilities and increase its program offerings (Snell, 2004). Moreover, during the fall of 2001, in a bid to retain students, President Harlow also invested substantial financial resources with his implementation of the "Students are Valued Everyday" (SAVE) initiative to address the concerns of the students. In response to the students' complaints about the quality of the food, JU hired another food provider. Furthermore, the students were given greater decision-making powers in key decisions of the schools such as the formulation of the new Master Plan for the renovation of the school and the limits on the number of credit hours. In the latter case, students were able to increase their number of credit hours without increasing their tuition. While this measure was advantageous for the students, it constituted a financial loss for the university. Similarly, the students' call for a swimming pool was also acknowledged with its constructionùanother major expenditure (Casella, 2001). In tandem with the empowerment and the increased involvement of the students, Harlow also addressed the need to increase employee morale.
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Approximate Word count = 2954
Approximate Pages = 12 (250 words per page)

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