Administration & Finance

Office of Budget and Financial Planning

The Office of Budget and Financial Planning provides support to university administrators and its departments in developing and implementing short and long-range financial plans for the Boston campus.

The mission of the Office of Budget and Financial Planning is to:

  • help maximize the effective and efficient use of the university’s resources through the coordination and oversight of all facets of the University's operating budget
  • strive for continuous improvement of the planning and budgeting cycle
  • optimize the quality of information available to the University of Massachusetts Boston community

Our responsibilities include, but are not limited to:

  • Development of the UMass Boston operating budget
  • Development of  the annual student fee schedule
  • Development of the annual five-year financial metrics
  • Monitor and control the budget and legislative appropriations
  • Evaluate budgetary performance and resource utilization
  • Monitor and track the financial status of the Boston campus, including monthly reporting
  • Produce ad hoc reports and analyses to inform decision-making
  • Provide individual and group training on the PeopleSoft financial system, Summit Finance, and Summit Position Management
  • Respond to internal and external requests for information
  • Assist & advise administrative offices throughout our campus with interpreting and developing responses to all financial revenue, expense requests
  • Develop annually five-year (multi-year) forecasts
  • Produce annually college pro-formas