Division ofFinance and Operations

Planning for the future

Many steps are involved in creating the annual budget for our university. The budget includes university-funded financial aid, faculty, staff and student salaries, services and purchases (including study away expenses), equipment and maintenance (including capital improvements).

The Budget Planning Calendar provides a timeline and sets milestones for internal planning. Each May, following the internal planning process, the PLU Board of Regents adopts the university's annual operating budget.

Budget Program Leaders

Building Improvement

Building improvement plans are developed each year in advance through the Capital Improvements Committee. Every year by mid-December, budget heads from each department submit a list of improvements for the upcoming year. These may include changes for ADA accessibility, general maintenance requests (such as painting), projects requested by the Fire Marshall to meet the fire code, small and large-scale facility upgrades, replacements or repairs (on such things as carpets, white boards, walls, plumbing, etc.), and furniture requests.

Current Endowment

Value of Endowment as of May 31, 2013:
79.6 million

Investment Consultant: Slocum & Associates, Inc.

A committee reviews projects, sets priorities, and makes recommendations to the President's Council, who approves them. Budget heads are then notified of all positive decisions. Most projects are completed in the summer and during university closures of the following fiscal year. Project schedules for this year can be viewed at the Facilities Management Web site.

Please remember that smaller projects should be handled through the service request (work order) system. For more information on service requests, please visit the Facilities Management site.