The Budget & Financial Planning Office is responsible for developing and monitoring the budgets of the University, The College of Arts & Sciences, the Sawyer Business School and the Law School.
The Budget & Financial Planning Office is responsible for the development of the annual budget, which will total more than $316M in FY13. Nearly half that budget consists of salaries and employee benefits, which we manage through a database of employee information that includes base salaries, budgeted hours, and other important data. The only exception to this is adjunct faculty, who are managed by the Deans of their respected schools.
To help set the budgets for the University, we work closely with the Enrollment Management Office to project enrollments and tuition revenue. We also consult with the three academic deans, the dean of students and the Vice President of Advancement in the development and maintenance of their respective budgets.
In addition to setting budgets, we also work closely with the schools to establish tuition rates for the coming year and with the dean of students to establish room and board rates. The Budget Office prepares three to five year budget forecasts and pro-forma calculations to determine the fiscal impacts of new initiatives.
We invite you to contact us regarding any questions about these and any other budget-related topics.