Mission
The Budget Office strives to advance the University’s strategic goals of student experience and success, research, public service, and healthcare by providing leadership with good information to underpin well-informed, data-driven business decisions.
Vision
The Budget Office is a highly functioning team that promotes the optimal use of the University’s financial resources, provides financial transparency, serves as a financial partner with an eye towards compliance, and aspires to be innovators within the Office and the University community.
Additional
Strategic Initiatives & Priorities
- Automation & Improved Tools
- Dashboards
- Policies & Procedures
- Professional Development
- Budget Model Task Force
Goals & Objectives
Goal 1: Facilitate the Optimal Use of the University’s Financial Resources
- Objective #1: Reserves & Resource Allocation
- Objective #2: Tuition Revenue Distribution Model
- Objective #3: Deficit Management
- Objective #4: Institutional Funds Distribution Model
- Objective #5: Financial & Programmatic Reviews
- Objective #6: Accounting Structure & Practices
Goal 2: Serve as a Financial Partner with An Eye Towards Compliance
- Objective #1: Budget Planning & Budget Meetings
- Objective #2: Business Officers’ Council Meetings
- Objective #3: Policies & Procedures
- Objective #4: Special Projects
Goal 3: Engage in Innovation & Continuous Process Improvement
- Objective #1: Routine & Ad-Hoc Reporting
- Objective #2: Dashboards & Similar Adaptive Technologies
- Objective #3: Common Data Sets of Value to the Business Community
- Objective #4: Projections & Financial Modeling
- Objective #5: Automation & Efficiency
Goal 4: Recruit & Retain a Highly Functioning Team
- Objective #1: Internal Documentation
- Objective #2: Internal Trainings
- Objective #3: Traditional Professional Development
- Objective #4: Experience-Based Learning Opportunities
- Objective #5: Frequent Management Feedback