The Finance Division is comprised of five major units.These units are responsible for the oversight of all issues related to the financial stability and management of the system's 30 colleges, 7 universities, and the system office.

  • Facilities
    Provides campus support services relating to the buildings, land and overall environment of the 54 campuses.
  • Financial Planning and Analysis
    Provides analysis and guidance to assist colleges and universities prepare budgets, plan expenses, and allocate funds in a manner consistent with Board policies and system procedures.
  • Financial Reporting
    Provides accounting functions that include recording, measuring, and describing system financial information.
  • Procurement
    Provides oversight and leadership of procurement practices of all products and services for the system office and campuses.
  • Tax
    Provides assistance to the colleges, universities and the system office to ensure compliance with federal and state tax laws and regulations.

Governor Tim Walz announced the priorities for his budget covering FY2020-FY2021. The proposal includes a $51.6 million investment in new funding over the biennium and $150 million for asset preservation in the facilities of our state colleges and university. Read more about the legislative proposal.

Listed alphabetically, below are reports covering a wide range of finance topics

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