Budget Information

The budget process is one of many ways in which the University undertakes management of short and long term planning. The process is guided by the VPs and approved by the President and the Board of Trustees. The approved budget is the result of input from all constituencies. Consideration is given to historical data, market forces and new initiatives set forth by the strategic plan.

Benchmarking data is obtained and examined for revenue, salaries and other expenditures. Discretionary funds are allotted for contingencies in several areas. The plan is dynamic and modified as necessary.