Budget Development

Budget Development Module (BDM)

The Budget Development Module (BDM) will be utilized to prepare the operating budget.  BDM is an in-house designed application, using People Tools, and resides within the PeopleSoft Financial System.  

Security Authorizations

The Budget Development Module is designed to maintain the security and integrity of the budget data.  Department security is set for each user and the data accessed is determined by Department Code.   As a result, department users can only see their data.  Once the Business Coordinators have completed their update, they will be given view only access to BDM. 

Accountability

Business Coordinators are accountable for the accuracy and completeness of data entry.  Although the Budget Office is responsible for the correctness of the University's Budget, individual units must reconcile their own cost center totals with their allocations and/or reductions.  The units must secure budgetary information to assure confidentiality until the final budget is approved by the Board of Regents.  The Budget Office will supply each Business Coordinator with check totals by area for university allocations to assist in the reconciliation process.  Upon update completion, the New Year Budget must agree with the Budget Goal provided on the Budget by Unit Screen.