The annual Operating Budget and Capital Budget of the University are both approved by the university's Board of Trustees.  The final recommendation to the Board is determined by the Budget Committee.

The approved Operating Budget for a department or cost center can be viewed online using either Oracle Financials or GLORA.  Both of these allow you to view your approved budget along with actual expenditures and remaining availability of your operating budget.  If you are an authorized user and would like to have access, please email us at fpb@aub.edu.lb.

Approved Capital Budgets are not available online.  For information concerning your approved capital items, please contact the Office of the Comptroller.

Minor equipment is equipment acquired for business purposes that has a unit value of $5,000 or less.  Major equipment is therefore that which exceeds $5,000 per unit.

The Budget Committee meets regularly throughout the year to determine the best use of financial resources for the coming fiscal year in order to make its final recommendations for the Operating Budget and Capital Budget to the Board of Trustees.  The Budget Committee is comprised of the following administrators:

President

Provost

Vice President for Development

Vice President for Facilities

Vice President for Finance

Vice President for Human Resources

Vice President for Medical Affairs

Comptroller

Director of AUBMC

Director of Finance for Medicine

Director of Financial Planning and Budget

Director of Internal Audit

Director of Institutional Planning and Process Improvement

Deputy Director of Financial Planning and Budget

The Budget Review Committee is a group of university administrators that meets monthly to address budgetary problems and consider expenditures that were not foreseen in the prior planning period.

A business case is a written justification for a proposed capital project or acquisition of equipment with a value of greater than $50,000.  A detailed justification for such projects must accompany any request for funding in order to be considered by the Budget Committee for the Capital Budget.  If you are in need of assistance in preparing a business case for you project, please contact our Financial Planning Officer, Miss Carmel Salameh, at the Office of Financial Planning and Budget at extension 2440 or by email at cs16@aub.edu.lb.