As the Chief Budget Officer, the Provost and Executive Vice-President (Academic) is responsible for the presentation of the University’s operating budget (unrestricted fund) to the Finance Committee for recommendation to the Board of Governors for approval. The Budget Team develops, administers, and monitors the multi-year, multi-fund budget on behalf of the Provost and Executive Vice-President (Academic). McGill University’s fiscal year is May 1 to April 30.

Budget Responsibilities

APB and Financial Services (FS) work closely together to help ensure financial sustainability at McGill. The two units have complementary roles and responsibilities, and collaborate with academic and administrative units throughout the budget cycle.

The budget team is responsible for:

Building the McGill Budget

Building the budget framework, and collaborating with institutional stakeholders to model annual revenues and expenses

Budget Administration

Monitoring central budgets and activities, and redeploying resources to academic and administrative units

Revenue and Expense Forecasting

Updating revenue and expense expectations on a monthly basis

Data Integrity

Maintaining the University’s budget data integrity and providing training

Budget Policy

Defining and implementing policies, procedures, and guidelines

Continuous Improvement

Designing and maintaining reports and tools, and troubleshooting integration issues

Ensuring Financial Sustainability

Optimize the use of the University’s financial resources for current and future year planning.

Sign in with your McGill credentials to access more information about each process, including budget team responsibilities, unit responsibilities, and available tools and resources.


Budget Book

The annual budget is built on integrated budget and resource allocation processes that are fully aligned with the University’s academic priorities. It is developed as part of a multi-year framework for the operating budget (unrestricted fund) and is submitted to Finance Committee for recommendation to the Board of Governors for approval.

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