Aerial photo of Montclair State University campus buildings and surrounding area.

Budget and Planning

The Office of Budget and Planning is responsible for forecasting, allocating, and monitoring the funding resources that comprise Montclair State University’s annual operating budget, also known as the spending plan. The Office’s goals are to: fund the University’s core needs and strategic priorities, maintain a fiscally-responsible balanced budget, use data analysis to inform budgeting decisions, encourage budget reallocations and cost efficiencies, and to provide responsive support to the divisions in the management of their budgets.

Budget and Planning fulfills its mission through cyclical budgeting activities including:

  • Prepare the annual State funding appropriation request
  • Manage the development of the fiscal year University operating budget
  • Provide scheduled and ad hoc reports to monitor actuals against budgets
  • Review and process department budget transfer requests
  • Develop or review budgets for new programs and initiatives
  • Analyze data to understand and better forecast revenues and costs
  • Establish and update funding policies, business processes, and budgeting tools
  • Review capital project requests and monitor capital budget expenditures