UQ budget
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 for more information on the budget development process.