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Budgeting

Budgeting

The Budget Offices strive to advance the System and 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. The Budget Offices support strategic resource allocation decisions to facilitate the optimal use of financial resources and serve as a financial partner for System and University Leadership in the areas of financial planning, budget and financial policy analysis, and fiscal administration. The Budget Offices coordinate the annual budget development processes that result in the preparation of the University of Illinois System Budget Summary for Operations document presented to the Board of Trustees for approval.

The Budget Offices also implement university programmatic allocations and establishes original budgets for:

  • State funds
  • Institutional funds, including administrative allowance, ICR, and royalty
  • Self-Supporting funds (University Specific)
  • Service Plans (UIC only)

In addition, ongoing budget maintenance is provided for these fund groups throughout the fiscal year by reviewing and processing authorized transfers, revisions, and allocations.

Additional information may be found on the Planning & Budgeting and Budget Office Websites

Last Updated: September 11, 2023

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