The annual UQ budget is designed to meet the current objectives and priorities of the University.

Funding is distributed to faculties, institutes and Deputy Vice-Chancellor portfolio levels.

The heads of these areas:

  • redistribute this budget to the units under their control
  • manage the expenditure of their budget allocation.

Creating and managing budgets

To create the UQ budget, Financial Planning and Analysis:

  • prepare the tax model
  • manage the forecasting process
  • consolidate and review bottom-up budgets.

Read sections 6 to 9 of the Budgeting and Forecasting Procedures [9.10.02] for more information on the budget development process.

Finance staff

See the Professional Services website to access theĀ budgeting and forecasting workbooks and guides to creating and managing budgets.