printer friendly

Home > Education > University of Massachusetts - Budget Summary

University of Massachusetts
Data Current as of: 8/10/2018

FISCAL YEAR 2019 BUDGET SUMMARY ($000)
ACCOUNT		FY2019 Conference	FY2019 Vetoes	FY2019 Overrides	FY2019 GAA
7100-0200	University of Massachusetts	519,167	0	0	519,167
7100-0700	Office of Dispute Resolution Operations	990	0	0	990
7100-0801	MA Technology Transfer Center	400	0	0	400
7100-0901	Innovation Voucher Program Fund	2,000	0	0	2,000
TOTAL		522,557	0	0	522,557

Hide line item language

account	description	amount
UNIVERSITY OF MASSACHUSETTS		522,557,080

7100-0200	University of Massachusetts For the operation of the University of Massachusetts; provided, that notwithstanding any general or special law to the contrary, the university may establish and organize auxiliary organizations, subject to policies, rules and regulations adopted by the board, to provide essential functions that are integral to the educational mission of the university; provided further, that notwithstanding any general or special law to the contrary, the university may enter into leases of real property without prior approval of the division of capital asset management and maintenance; provided further, that the University of Massachusetts shall expend funds for the University of Massachusetts at Amherst Cranberry Station; provided further, that the University of Massachusetts shall expend funds for the operation of the Massachusetts office of public collaboration at the University of Massachusetts at Boston, for capital lease payments from the University of Massachusetts to the Massachusetts Development Finance Agency and for annual operations of the advanced technology and manufacturing center in Fall River; provided further, that funds may be expended for the operation of the Future of Work Research Initiative at the University of Massachusetts Labor Centers at the university's Amherst, Boston, Dartmouth and Lowell campuses; provided further, that not less than $250,000 shall be expended for maintenance and repairs at the University of Massachusetts extension Waltham center administration building in the city of Waltham; provided further, that funding for each center and institute at the University of Massachusetts at Boston shall be provided at an amount not less than in fiscal year 2018; provided further, that if as a result of extraordinary or unforeseen circumstances, the university deems it necessary to reduce funding to any of said institutions, the university shall issue a report detailing: (a) the reasons for said reductions; (b) all steps taken to avoid such reductions including, but not limited to, the identification of other sources of existing funds, raising of new revenues and the pursuit of savings initiatives and efficiencies; and (c) a mitigation plan to ameliorate the effects on students and university staff of such reductions, for which input from students and university staff shall be solicited; provided further, that the report shall be provided to the joint committee on higher education and the house and senate committees on ways and means not later than 120 days prior to any such funding reduction or institutional closure; and provided further, that $250,000 shall be expended to fund completion of final construction bid-ready design plans for the improvements to UMass-Amherst Cranberry Station provided for in line item 7100-3002 in section 2A of chapter 286 of the acts of 2014	519,167,080
7100-0700	Office of Dispute Resolution Operations For the operation of the community mediation center grant program administered by the office of public collaboration at the University of Massachusetts at Boston under section 47 of chapter 75 of the General Laws	990,000
7100-0801	MA Technology Transfer Center For the Innovation Commercialization Seed Fund established in section 45B of chapter 75 of the General Laws	400,000
7100-0901	Innovation Voucher Program Fund For the Innovation Voucher Program Fund established in section 45C of chapter 75 of the General Laws	2,000,000

account	description	amount

top of page link