The Budget Office consolidates the information listed below and reports it to the Board of Trustees at an institutional level.
The Budget Office, in concert with the Controller's Office, manages the College's quarterly financial reporting process. Budget Office and Controller's Office staff work closely with Division financial staff to review results and to discuss and develop projections for the year. Analysts identify trends, variances, and their causes and recommend actions to enhance planning and analysis.
The Budget Office is available on an ad-hoc basis to support campus-wide fiscal operations through financial analysis and planning advice to support decision making.
The Budget Office evaluates the resources that support the College and provides recommendations to promote cost-effectiveness, accountability, and fiscal responsibility and strives to assist departments in managing and controlling expenditures through analysis. These efforts may lead to the reorganization of budgets to improve a unit's ability to manage its resources.
The Budget Office maintains a multi-year budget projection for the College that is used to evaluate forward looking scenarios and their impact on the College's resources.
The Budget Office provides guidance and expertise throughout the annual budget preparation process. The Budget Office assists departments with the preparation of budgets for compensation and non-salary items. The Budget Office offers training, answers questions, and provides guidance regarding the use of Hyperion Planning and other tools during the budget preparation process.
Last Updated: 2/7/14