Understanding the U-M Budget
“Where Does the Money Go? ”
In March 2021, then Senior Vice Provost Amy Dittmar, recorded seven videos to communicate budget concepts to a campus audience.
Where these videos provide financial data, it is current for the 2020-2021 fiscal year. Many of the concepts and principles discussed in the videos, however, are relevant in any budget year.
![icon of pie chart](https://obp.umich.edu/wp-content/uploads/2021/06/budgetpie.png)
Budget Pie Chart
Description of the components of the All Funds budget for Ann Arbor campus. (Duration: 13:47)
![icon fo flowchart](https://obp.umich.edu/wp-content/uploads/2021/06/gfmodel.png)
General Fund Flows
Explanation of how General Fund dollars that come to the provost’s office are distributed to units across the Ann Arbor campus. (Duration: 11:51)
![icon of line chart](https://obp.umich.edu/wp-content/uploads/2021/06/statefunding.png)
State Funding
An overview of State Funding and the importance of the University’s partnership with the State of Michigan. (Duration: 11:12)
![photo of student](https://obp.umich.edu/wp-content/uploads/2021/06/finaid-1.png)
Financial Aid
An overview of Financial Aid at the Ann Arbor campus and its effect on net price for students. (Duration: 10:05)
![photo of campus building](https://obp.umich.edu/wp-content/uploads/2021/06/capitalprojects.png)
Capital Projects
Description of how the University plans and pays for new and renovated facilities on campus. (Duration: 14:03)
![icon of powerpoint slide](https://obp.umich.edu/wp-content/uploads/2021/06/costcontainment.png)
Cost Containment
Discussion of the University’s efforts to contain costs, gain efficiency, and mitigate the pressures on setting tuition. (Duration: 14:13)
![icon of abstract tree-like structure](https://obp.umich.edu/wp-content/uploads/2021/06/endowment.png)
Endowment Basics
Information about how endowments work and how institutions use them to advance their missions, with limited information about U-M’s endowment specifically. (Duration: 15:33)
Photo credits for still images in videos linked above
• U-M images by Michigan Photography
• US Capitol dome Jan 2006 by Diliff is licensed under CC BY 2.5