Finance

SPH Budget

UMN Budget Information

SPH Budget Planning

Overview

The School of Public Health (SPH) prepares an annual budget for the fiscal year (FY) that runs July 1 through June 30th.

Key Links

  • SPH FY23 budget compact (overview only)
    The University’s annual compact process is central to SPH’s budget and resource allocation process. It includes an assessment of priorities, a complete budget analysis, a brief statement of achievements during the past year, goals and objectives for the coming year, performance measures, and related budget requests.
  • SPH budget model
    SPH budget overview and explanation of allocation process.
  • SPH finance overview
    SPH finance overview and budget breakdown.

Finance Planning Principles

  • Continue the school’s teaching, research, and engagement missions at the highest possible quality to the extent circumstances allow.
  • Keep solutions as simple as possible.
  • Communicate actions transparently and regularly.

Frequently Asked Questions about the SPH Budget

Who is involved in budget planning?

Deans, division heads, division administrators, chief finance officer, and assistant director of finance in collaboration with the provost and University Budget Office

What is the budget planning process and how are decisions made?

The University’s annual compact process is central to SPH’s budget and resource allocation process, which begins with an assessment of priorities. The compact also includes a complete budget analysis, a brief statement of achievements during the past year, goals and objectives for the coming year, performance measures, and related budget requests.

The compact is submitted to the provost for review and discussion at SPH’s annual compact meeting. During the meeting, the provost and other central administrators discuss the compact, potential forthcoming funding, financial reports, and other deliverables to be provided in the coming year. The approved final compact is an agreement between the dean and the provost. After the final compact is approved, division allocations are determined.

How did the University use the federal emergency relief funds?

In FY20 and FY21, the University received one-time, nonrecurring higher education emergency relief funds through three federal acts (CARES Act, CRSSA Act, and ARP Act). The funds were restricted to address direct financial impacts of the pandemic and were broken down into two categories — students and institutional. The student portion included a combination of block grants based on financial need and emergency student support grants. The institutional portion is used to defray expenses associated with coronavirus. More information can be found through OneStop.

SPH Annual Budget Timeline

The following graphic provides a high-level overview of the general timeline for SPH’s annual budgeting process as a collegiate unit.

SPH Revenue

(in millions of dollars; FY20-24)

FY20 FY21 FY22 FY23
FY24
Tuition and Fees 22.6 23.2 23.9 22.6 21.7
State, UMN Allocation 7.6 7.9 7.9 8.1 11.4
ICR 13.6 14.4 16.7 18.8 19.6
Other Income 7.8 7 9.5 8.1 10.4
Total 51.6 52.5 58 57.6 63.1

 

Grants & Contracts       53.4  68.3  120.9 81.5 85.6

 

Total                                  105.0  120.8  178.9 139.1 148.7
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