Financial Management
In 2005, the Office of the AVP for Finance, Budget, and Planning / Comptroller completed phase 1 of our strategic plan to improve the tax levy budgeting and financial reporting processes. Based on a thorough review of practices in place at that time and feedback from tax levy account users across the campus, a key component of the plan included providing better services and reports to tax levy budget account holders.
Highlights of the new initiative include:
- The development of an Introduction to Tax Levy Budgeting and Financial Reporting training seminar that was presented to campus constituents throughout the year. Sessions were intentionally kept small to encourage discussion and questions. Participants learned about important budget terms, the college’s overall tax levy budget, the tax levy budget calendar, and resources available to help them manage their specific budget(s).
- New financial reports that are easy to understand and distributed regularly. These are emailed to account holders on a schedule of their choosing and can also be requested at any time.
- A dedicated email account—tlbr@brooklyn.cuny.edu—used to distribute the new reports, request budget transfers, and ask questions. This email account is monitored by a team of individuals so requests do not go unanswered when one of our staff members is out of the office.
In that improvement is an ongoing process, we will continue to strive to make our processes better.
We look forward to your feedback and suggestions.