Chicago State University
Budget Summary

The Budget Office provides necessary support for the University in obtaining state funds and planning spending from local sources, such as tuition, fees and other revenue sources to develop the fiscal year internal operating budget. Local entity revenue and expenditure operating budgets are developed in conjunction with their fiscal officers and senior administration. The mission and vision of the University are financed primarily by funds from these sources.

The office also assists in obtaining capital funding for new buildings, major remodeling and site improvements, as well as deferred maintenance.

The office provides support for the University planning and budgeting process through submissions of budget requests, reports and analyses to the Illinois Board of Higher Education (IBHE), the Governor’s Office of Management and Budget (GOMB) and the Illinois State Legislature (ISL) and through memberships on the University Budget Committee (UBC), University Accreditation Steering Committee (UASC) and the Tuition, Fee, and Waivers Committee. Additional assistance is provided throughout the fiscal year with budget monitoring to aid the University in expending operating budgets comparable to revenue sources.