Skip to main content Skip to main content
Budget Terms
  • Base Budget
    • A recurring set of funds available to departments to provide consistent funding from year to year for ongoing operating costs.
    • Rolls from year to year
  • One-time Budget
    • One-time budget allocation to provide funding for non-base expenditures or special projects.
    • Does not roll
  • Incremental Budgeting
    • The University uses incremental budgeting; this means that each year only the anticipated budget increases and/or decreases are presented to the Board of Trustees for their final approval.  Upon approval, the annual budgets of the University are revised.