Budget Oversight Policy
Reviewed By: Administrative Council
Source / AuthorityFor interpretation of this policy, please contact the responsible department: University Budget Office, (909) 537-5134
BackgroundEffective October 12, 2017, the Integrated CSU Administrative Manual (ICSUAM Section 2002.00) formalized and established a systemwide policy on budget oversight and specified that each campus must establish policies and procedures to periodically monitor campus budget performance through the fiscal year.
PurposeAs required by ICSUAM, the CSUSB Budget Oversight Policy provides an overview of the budget review that will occur, the frequency, and the action to be taken to address financial concerns, and the documentation required.
PolicyThe University Budget Office will provide summarized Operating Fund budget to actual reports at the division/college level to the President, Cabinet and University Budget Advisory Committee at the end of 2nd, 3rd and 4th, fiscal quarter. Vice Presidents are expected to bring forward any concerns for their respective areas to the cabinet for discussion and remediation. The Vice President of Administration & Finance/CFO shall instruct the Budget Office to implement cabinet recommendations as appropriate.
The summarized reports will be retained in the University Budget Office and posted on their website for a period of 3 years.