Budget

The purpose of budget development is to establish an annual operating budget. The annual operating budget represents the University’s financial cycle as guided by the Strategic Plan and the University mission. The annual operating budget is a comprehensive statement reflecting current and future goals. The University relies on a wide-ranging, multi-month process to develop the annual operating budget.

Budget Process

• Budget Timeline

General Finance Information

• Argos Budget Request Form
• General Account Listing

Budget Status Reports

Budget Status Reports will be distributed on a monthly basis beginning with the Per02 report period, and are typically available in the Budget Administrators Team site about the 3rd week each month (after the p-card transactions are posted to Banner). Each division is responsible to review and submit responses for flagged variances for each report period. Reports are distributed to the VP/Dean level; units may have an internal process for further disseminating information and gathering report responses. For the current year report period, it is expected that any line items that are highlighted with a variance that does not meet the expected threshold %, then there should be a response to explain the variance. Please reference the report schedule and instructions on the Budget Admin Team site. Access to the Team site requires individuals to have submitted and be approved via the Argos Budget Access request form.