The University Budget Office manages, develops, monitors and analyzes the university's multimillion dollar operating budget. We forecast and analyze the university's financial status, respond to fiscal inquiries and ensure compliance with state and NACUBO guidelines. We also advise on the resolution of budget issues and maintain position control and vacancy reporting for state positions.
Budgeting is a continual process wherein departments are planning for the next year's budget while managing the current fiscal year. The budget process timeline lays out responsibilities and milestones in preparing the university's complex budget.
The University Budget Office publishes an annual Operating Budget and Plan book to share information about the university’s internal budget. The book outlines key budget changes from the previous fiscal year and provides an overview of each division’s budget by revenue source. It is published each fall for the current fiscal year.
Requests for Special Staff Position Actions include:
Please work with your Divisional Budget Officer when a special staff position action is being considered. All approvals must be obtained prior to working with Human Resources to recruit for the position.
In addition, please work with your Divisional Budget Officer when any salary adjustments are being considered. Funding sources for any salary adjustments need to be identified and if using operating funds, the use of these funds need to be approved prior to working with Human Resources to implement the adjustment. Please use the form below to request the use of operating funds for salary adjustments.
Request for Use of Operating Funds
Towson University's budget is managed through Stratus. Access Stratus Budgeting Information for help working with budgets, and requesting revenue transfers. You can also access of accounts, and information on working with self support departments.
Stratus Financials is TU’s modern business platform and budget planning system.
Access Stratus through MyTU