What is the University’s fiscal year?
July – June.
Why is the University changing its budget process?
In efforts to better assist and inform members of the University’s budgeting process.
How do I get a budget report?
If you are a cabinet member, dean or budget manager, a monthly budget report will be emailed via email@example.com.
How do I get a budget report outside of the monthly cycle?
Simply email firstname.lastname@example.org a request including the department number needed.
What if I find errors on my budget report?
Email email@example.com and we can assist you in finding ways to correct any errors and investigate how the error occurred to help prevent it in the future.
If I want to transfer budget funds from one of my departments to another, how do I do that?
Any budget neutral changes (changes that do not increase the bottom-line of the University budget) can be easily done via the budget transfer form.
What if I want to make a purchase that will put me over budget?
Please contact the firstname.lastname@example.org, and we can assist in finding solutions. Depending on the financial status of the University, the purchase may be delayed until the University has funds to cover the additional expense.
Why does the University deny budget increases?
As you may know, Saint Martin's is a tuition driven University. Meaning, we operate on the revenue that is generated by the students that attend Saint Martin's. The number of students enrolled in undergraduate, graduate and international programs dictates how much money the University has to spend on goods and services. Even if enrollment may increase in one year, the University incurred prior year losses that it has to recover before being able to increase current year budget.