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.
TU’s faculty and staff play an important role in maintaining our sound financial footing. We ask you to do your part:
By finding creative solutions and taking a prudent approach to spending, we can all help TU stay strong.
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.
Towson University's budget is managed through PeopleSoft. Access PeopleSoft Budgeting Information for help working with budgets, running reports, and requesting revenue transfers. You can also access a list of parent and child accounts, and information on working with self support departments, initiatives and queries.
TU’s Stratus project is streamlining and modernizing existing business systems, starting
with PeopleSoft Financials. Find out about the project's scope, timeline and what
Learn About Stratus