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FY 2008 Operating Budget and Plan Available on the Web

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.