Budget Overview

Illinois continually strives to develop a financial management framework that provides flexibility for our units to act strategically while fostering sound fiscal management and cost efficiency. Optimal use of available resources is one of the most critical issues that we face as a university. Visit the pages at the left for more information.

For a listing of contacts within the Provost’s Budget Office and associated functions, visit the Who to Ask page.

Budget Cycle Timeline

MonthActivity
OctoberCampus planning guidelines developed.
November – DecemberUnits develop annual reports, hiring plan, budget requests.
January – MarchIndividual admin. unit budget meetings with Administrative Budget Committee.
Individual college budget meetings led by Provost.
May – JuneProvost updates Senate budget committee.
July – AugustCampus allocates funds to units.
College leadership reconciles requests with allocation.
Year-roundGuidance provided to Provost from Council of Deans and Campus Budget Oversight Committee (CBOC).

Office of the Provost
Swanlund Administration Building
601 E John Street, MC 304
Champaign, IL 61820
(217) 333-6677