Towson University’s FY 2008 Operating Budget and Plan is available for your perusal via the University Budget Office Web site. You can access the link by going to {http://wwwnew.towson.edu/adminfinance/fiscalplanning/budgetoffice/} and clicking on the FY 2008 Operating Budget and Plan link.
The FY 2008 budget was developed to address these issues:
– the increase to faculty salaries resulting from tenure and promotion decisions
– the allocation of need-based financial aid
– the allocation of merit and COLA increase to employees
– meeting mandatory cost increases such as utilities and system-wide debt service
– meeting mandatory facilities renewal and replacement requirements
We thank the Vice Presidents, Deans, Resource Planning & Advisory Committee, Chairpersons, Directors and Divisional Budget Officers for their continuous support in implementing the resource planning process. If you have questions, please call the University Budget Office at x4-4128.