University Budget & Operating Budget Setting Process

Operating Budget

Projected revenue and expenses for the ongoing operations of the University. Includes activities in Education and General Funds (E&G), Non-Education and General Funds (Non E&G), and Restricted Funds.

Operating Budget Setting Process

• Multi-Step Process that begins in the Fall and continues through Spring

• Considers Institutional Priorities set by the Board of Trustees and the Executive Council

• Involves multiple campus stakeholders

• Other E&G, Non-E&G and Restricted fund budgets are set and managed by individual units/departments based on their priorities.

University Budgeting- Annual Budget Setting Steps