Responsibilities

The Vice President, Chief Financial Officer, and Comptroller delegates authority to the Associate Vice President and Controller and Deputy Comptroller, as well as to the Senior Assistant Vice President of Planning and Budgeting to:

• Develop and issue operating policies and procedures for budget planning and operations
• Supervise budget planning and operations
• Develop and maintain budgetary systems

The Office for Planning and Budgeting (UPB) plans budget requests, drafts legislation for the annual appropriations bill, and justifies the budget request.

The Chancellor delegates authority for making budgetary allocations to the Provost. The Provost allocates state and institutional funds budgets to colleges and Vice Chancellors at the beginning of each fiscal year. The Provost also allocates university reserve funds during the fiscal year based on program priorities and availability of resources.

The Vice President, Chief Financial Officer, and Comptroller and each university Provost work together to oversee the day-to-day budget operating systems. Daily operations include comparing budgets and reports to the actual budget and processing budget transactions for their university.

Deans and Vice Chancellors further allocate state and institutional funds budgets to units at the beginning of each fiscal year. They also allocate funds throughout the fiscal year to support unit programs and university initiatives.

Unit business managers monitor current year expenditures to ensure compliance with the unit's spending plan.

First published: November 2010 | Last Updated: June 2024 | Last Reviewed: November 15, 2010