Colorado State University to Host “Budget 101” Sessions for Campus, Community

Colorado State University will hold two public "Budget 101" educational sessions for the campus and larger community on Tuesday, Feb. 9 and Monday, Feb. 15.

Interim Provost and Executive Vice President Rick Miranda and Associate Vice President for Finance Lynn Johnson will present information designed to help attendees understand CSU’s complex budget process. "Budget 101" sessions provide a detailed overview and understanding of university finances and budgeting process.

Sessions of "Budget 101: A primer to participation in CSU’s budget process" are free and open to the public and will be held in the Lory Student Center on campus.

Sessions are scheduled for:

Feb. 9, 1-3:30 p.m. North Ballroom
Feb. 15, 3:30 – 5 p.m., Cherokee Park Ballroom

Based on budget plans presented at a Jan. 27 hearing, university administration will compile CSU’s initial FY 2010-11 draft budget, which will be provided to the campus community by mid-February for review and feedback. The "Budget 101" sessions will provide the campus community insight into the university’s budget processes, giving individuals not directly involved in the process information and knowledge to provide valuable feedback regarding the draft budget.

A final open planning and budget hearing is scheduled from 9-11 a.m. March 10 in the North Ballroom of the Lory Student Center. More details will be made available closer to the hearing.

The university has also released its annual Financial Accountability Report, which presents specific, factual information regarding the university’s finances, including an overview of total university revenue and expenditures. The information provided is presented in accordance with Generally Accepted Accounting Principles and is consolidated into the annual audited financial statements of the Colorado State University System. The report is available online at http://busfin.colostate.edu/finstmt.aspx.

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