Budgeting Basics-Taking an All Funds Approach
Funding Shifts
State Funding
Local (Designated/Auxiliary) Funding
Combined State and Local Resources
All Funds Budgeting
General questions to consider during budgeting process
Resources to use in Budgeting

All Funds Budgeting
Important to incorporate all funding sources during the budgeting process and throughout the year
Helps to determine what resources are available to fund University, Division and Department priorities
Questions to further clarify your decisions
What are your recurring expenses (e.g. people) and what are the changes you expect to those recurring expenses (either new ones or ones that should/need to end)?
Should/Could they be funded on state funds or local funds?
What are your 1 time expenses (operations/capital/new initiatives)?
Do you have room for those expenses on your state funds (if expenses are allowed) or do you have local funds to cover it?
Do you have funding to cover your expenses through state funds, beginning balances, new revenue?
Is your revenue a recurring revenue stream or a one time event?
Do you expect to see a decrease or increase in your local ending balance compared to your beginning balance?
What other changes do you expect?