Annual Operating Budget Report

The University at Buffalo (UB) Annual Operating Budget Report is a comprehensive presentation of the university’s 2020-2021 budget and investment priorities. 

Please note given the current situation, the 2020/21 Annual Operating Budget report may be updated pending significant changes during the year.

Strategic Overview

Budget Context

Factors and trends influencing UB’s financial situation.

Issues and Actions

Budget Planning

Investment Decisions

Budget Model

Note: We are evaluating the impact of the Excelsior Scholarship program. Units will be credited any impact due to Excelsior toward their Tuition Revenue targets.

Unit Budget Sources and Uses

Financial Section

Each year, UB provides an Overview of Financial Activities, which is designed to provide UB’s leadership with a comprehensive, high-level summary of financial information campus to assist with decision making..

  1. UB Financial Statements - Annually, the University at Buffalo issues financial statements for the fiscal year ending June 30. These unaudited financial statements are compiled based on State University of New York (SUNY) campus level financial reports representing the operations for state and research foundation activities..
  2. Supplemental Financial Activity Reporting - Provides additional financial information including an overview of core operating activities and other key financial highlights. Financial Statements – The appendix to the Overview of Financial Activities contains the unaudited financial statements for the University at Buffalo (UB) and its component units. View the current version of UB's Financial Reporting.