The development and preparation of the University's operating budget is a very complex process. To help members of the University's community understand the budget process and provide context in how the operating budget is formulated, these "Budget Briefs" have been created to explain different aspects of the creation and implementation of the University's operating budget.
2023-24 Budget Briefs
Internally Restricted Funds Summary ("Reserves") (last updated November 23, 2023)
Budget Process (last updated October 30, 2023)
Tuition Fee Rates (last updated October 30, 2023)
Operating Expenses (last updated October 30, 2023)
Budget Values (last updated October 30, 2023)
Investment Management Agreements (last updated October 30, 2023)
University Net Assets (last updated October 30, 2023)
Operating vs Restricted Budgets (last updated October 30, 2023)
Accounting for Operating Budget Uncertainties in the Planning Process (last updated October 30, 2023)
2023-24 Operating Budget Guidelines & Assumptions (last updated October 30, 2023)
Understanding 2022-2023 Financial Statements and Financial Ratios (last updated October 30, 2023)
Budget FAQ's (last updated October 30, 2023)