Budget
Mission Statement
Lamar University’s Budget Office is to facilitate the optimal use of financial resources and provide serviceable budget information to the University community and its constituents.
Budget Training Guides
- Budget Development User Guide
- Self Service Banner Finance Training
- Self Service Budget Transfer Instructions
- Guidebook to Budget
Budget Links
- Budget Change Request Form
- Fund Accounting
- Operating Budget FY 2019
- Position Number List by Index
- LU Budget Calendar
- F3.2 Approval Route per Action Type
- Salary Account Code List
- Frequently Asked Questions
Budget Cycle Forms
Goals and Objectives:
Goal 1 - Resource Management and Reporting
- Objective 1 - Develop budgets that control funding for major capital, renovation, and construction projects.
- Objective 2 - Prepare the annual Operating Budget for approval by the Board of Regents.
- Objective 3 - Prepare the biennial Legislative Appropriation Request and all supporting documents and requests for the legislative session.
- Objective 4 - Implement and maintain the University's annual operating budget and evaluate budget adjustments throughout the year.
Goal 2 - Planning
- Objective 1 - Increase interdepartmental knowledge by identifying relatable budget data for strategic resource allocation.
- Objective 2 - Develop financial forecast models enabling decision-makers to compare and analyze multiple scenarios with variable assumptions.
Goal 3 - Innovation
- Objective 1 - Standardize data collection used in tuition modeling and reporting requirements.
- Objective 2 - Continuous improvement in budget cycle methodologies and modules to maximize resource availability.
- Objective 3 - Minimize the use of external databases/spreadsheets in analyzing data.
- Objective 4 - Participate in and support the development of non-financial data warehouse information to assist academic units in decision-making.
