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The  The Budget Office at MassArt facilitates:

  • Developing annual operating and capital budgets

  • Maintaining long-range financial planning models

  • Monitoring changes to these budgets with emphasis on maintaining good fiscal management with reasonable controls

  • Enforcing policy decisions regarding use of funds

  • Providing reports and data to assist management in making sound fiscal decisions


Directions on how to view Budgets (Word Doc Link-Updated 8-06-20) - For FY21 or Prior Fiscal Years:

Budget to Actuals.docx

Please reach out to Jack McDonald (jmcdonald@massart.edu) if additional guidance outside of the above document is needed. If there are access issues, please submit a ticket/send email to the help desk. 



FY21 Budget:


Approved by the Board of Trustees, September 22, 2020   

View file
nameFY'21 Budget Vote Package.pdf
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FY21 Quarterly Fiscal Operations Reports (Reports will be posted here when available).


FY21 Operations Summary by Month/Department  (Reports will be posted here when available).



FY20 Budget:

Approved by the Board of Trustees, June 11, 2019       Final Fiscal Operations Report 

View file
nameFY2020-Budget.pdf
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View file
nameFiscal Ops Report - FY20.pdf
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FY20 Budget vs. Actual Recap (

5

6-

18

15-20 Update)

CST Budget Review - FY20 -

5

6-

18

15-20 Update.xlsx

CST - High Budget Overrides + % of Budget Used as of 56-1815-20.xlsx

Fund 28 Budget Review - FY20 - 56-1815-20 Update.xlsx

PCE & PCG Programs Budget Review - FY20 - 56-1815-20 Update.xlsx

Trust Fund Budget Review - FY20 - 56-1815-20 Update.xlsx

Budget Transfer Form.xlsx

FY20


Budget

:

Approved by the Board of Trustees, June 11, 2019     

View file
nameFY2020-Budget.pdf
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Operations Summary by Month/Department

View file
nameOP Summary by Month by Dept-Apr$-2020.pdf
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Fiscal Operations Report through December 31, 2019

View file
nameFY2020-December.pdf
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Budget Process

As we begin our FY'20 Budget process at the College, I will periodically add new information to this page for review and comment.  Please note some documents will be labeled draft.   My goal is to provide as much information as early as possible to the MassArt  community in a timely manner.

Budget Timeline and Project Chart -DRAFTImage Modified


FY19 Budget:


FY19 Budget vs. Actual Recap

CST Budget Review - FY19 All.xlsx

Fund 28 Budget Review - FY19 All.xlsx

PCE & PCG Programs Budget Review - FY19 All.xlsx

Trust Fund Budget Review - FY19 All.xlsx


Approved BOT, June 12, 2018       Final Fiscal Operations Report 

View file
nameFY2019-Budget.pdf
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View file
nameFY2019-June-30-Final.pdf
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Audit Report  

View file
nameFinal Massachusetts College of Art and Design 6.30.2019 Financial Statements.pdf
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FY18 Budget:

Approved BOT, June 13, 2017               Final Fiscal Operations Report        

   
View file
nameFY2018-Budget-Vote (2).pdf
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View file
nameFY2018-June30-Final.pdf
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Audit Report  

  
View file
nameMassArt-Audit-FY2018 Final.pdf
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2021

FY21 Interim Budget

Calendar 

Guidance

View file
nameFY21

DRAFT

Interim Budget

Development Calendar

Guidance.

pdf

2020 Budget Calendar 

docx
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250

400

View file
nameFY21 Interim Budget Guidance. pg 2.docx
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View file
name
DRAFT FY20 Budget Development Calendar.pdf
FY21 Interim Budget Guidance.docx
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250
400


________________

How to Use BudgetPak

BudgetPak login (instructions)

View file
nameBudget Pak Instructions 2019 (1).pdf
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___________________

State Budget Process

Image result for mass state budget process

__________________

Governors FY'20 Budget Recommendations

State Government Transparency Website
CTHRU was launched by the Office of the Comptroller in the fall of 2016 and has quickly become a national model for its depth, breadth, timeliness, and its intuitive experience for exploring how and where our tax dollars are utilized. Stewards of the Commonwealth’s financial data, the Office of the Comptroller is a uniquely independent and apolitical overseer of more than $60 billion in governmental and other funding sources annually. In addition, the Comptroller oversees the Commonwealth’s expenditure and payroll management and major audit functions ensuring security, transparency, accountability, and service delivery across all branches of state government. The powers and obligations of the Comptroller are generally dictated by M.G.L. c.7A.

https://www.macomptroller.org/cthru

 ______________________

Department of Higher Education Data Website

The DHE Data Center is derived from our Linear Trends books, a compilation of data submitted by the public higher education institutions that reflect the key performance measurement indicators approved by the Massachusetts Board of Higher Education (BHE) in 2003/2004. Where authorized comparisons are made to peer-derived benchmarks and other performance targets established by the BHE.

 

http://www.mass.edu/datacenter/home/home.asp

 


FY17 Final Fiscal Operations Report         Audit Report                

View file
nameFO FY2017-7.1.16 - 6.30.17 Final.pdf
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View file
nameMassArt 2017 Financial Statements.pdf
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FY16 Final Fiscal Operations Report        Audit Report

View file
nameFO FY16 -7.1.15 - 6.30.16 Final.pdf
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View file
nameMassArt 2016 Audit Financial Statements.pdf
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