Annual Operating Budget
Each year, ASU’s Office of Planning and Budget (OPB) prepares the university’s annual operating budget for the fiscal year (July 1–June 30). The proposed budget is typically submitted to the Arizona Board of Regents (ABOR) in May and considered for approval at the board’s June meeting.
What the budget includes:
- Revenues and expenses across all major fund types (general, designated, and restricted).
- An overview of the university’s projected cash position at year end.
- Expenses by category, such as salaries, benefits, operations, scholarships, and debt service.
- Year-end adjustments required to comply with external accounting standards (GASB).
Recent Operating Budget Submissions:
Fiscal policies:
ASU's fiscal policies and procedures (i.e., FIN 001 to FIN 704) are applicable to all university departments and are found on the ASU Policy website.