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The University of Oklahoma
BUDGET OFFICE
THE UNIVERSITY OF OKLAHOMA

 

 

 

Budget Revisions Monthly Deadline

 

July 25

Only electronic revisions will be accepted during July.  Paper revisions can be processed beginning in August.

 

August 25

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

OU Budget Office

General Information

Areas of Responsibility

The Budget Office:

  • Coordinates preparation of the annual operating budget.
  • Coordinates preparation of the annual budget needs survey request for submission to the Oklahoma State Regents for Higher Education.
  • Administers the operating budget according to approved policies, including:
     - Making available current budgetary status information to
        department sponsors in coordination with Financial Support Svcs;
     - Monitoring budgetary status of University departments,
     - Monitoring budget and position changes for compliance with 
        policy, and advising administrators on budgetary status, as needed.
  • Maintains a position control system that provides current salary, wage and position status information.
  • Prepares budget reports, analyzing budget and related data, and prepares recommendations for administrative action.
  • Prepares funding and expenditure scenarios to assist executive officers in determining subsequent-year budgets.
  • Assists administrative offices in identifying program goals and objectives and in coordinating the objectives with budgetary decisions.
  • Analyzes information from the office of the Oklahoma State Regents for Higher Education in order to determine proposed budget allocations and verify funding sources.
  • Provides information to the Office of State Finance, Oklahoma State Regents for Higher Education, and other external and internal sources as needed.

Budget System

The University of Oklahoma's budget maintenance and position revision system offers its users the ability to maintain current-year budgets, as well as make changes for the subsequent year.  The budget process, timetable and other related information is organized within the tabs shown to the left of this page.

Departmental Deficits

Deficits in University departments are not permitted. Departments should be reviewed monthly by sponsors, deans/directors, and vice presidents to ensure that deficits do not occur. If a deficit is projected or indicated, immediate action should be taken to prevent or correct the problem. In all cases, vice presidents are ultimately responsible for the financial management of departments within their area(s) of responsibility.  Additional information is available with OU Administration and Finance