On a quarterly basis, the University Budget Office prepares a financial forecast report by revenue and expenditures categories for the Board of Trustees. As a function of the forecast, university departments are responsible for analyzing their budget and providing their forecast to the University Budget Office for incorporation into the high-level forecast for the institution.
The following information is a function of the quarterly forecast:
- Fiscal Year Original Adopted Budget
- Fiscal Year Variances
- Fiscal Year Adjusted Forecast
- Variance Analysis
- Departments provide a narrative for any adjustments made to the forecast.