Contact Information             

Office of Financial Planning & Budget   

American University of Beirut

College Hall 218

Beirut, Lebanon

Tel.: 01/350000 ext. 2440

Fax: 01/360385

Email:   fpb@aub.edu.lb

Frequently Asked Questions (FAQ)

1. Who approves the university budget?

2. Where can I see my departmental budget?

3. What is the difference between major and minor equipment?

4. What is the Budget Committee?

5. What is the Budget Review Committee (BRC)?

6. What is a business case and who can help me prepare one?

1. Who approves the university budget?

   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.

    

    

2. Where can I see my departmental budget?

   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.

    

    

3. What is the difference between major and minor equipment?

   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.

    

    

4. What is the Budget Committee?

   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

    

    

5. What is the Budget Review Committee (BRC)?

   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.

    

    

6. What is a business case and who can help me prepare one?

   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.

    

    

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Last modified October 15, 2008

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