Budget Services

About Budget Services

Budget Services supports the Lake Washington Institute of Technology's administration and college community. It manages the budgetary resources of the college. The office also provides fiscal management of the grants and contracts awarded to the college in support of the college mission and strategic plan.

To fulfill the Budget Service's mission we offer the following services:

• Provide information and analysis to support the decision-making and planning process of the college.
• Assist the college administration and staff in developing, coordinating, implementing, and managing the college operating budget.
• Provide timely and accurate budgetary and expenditure information.
• Establish monitoring controls to ensure compliance with internal policies and state and federal regulations.
• Analyze, interpret, and apply fiscal federal, state, and local rules and regulations for student aid, grants, and contracts to ensure audit compliance.

Budget Development and Planning

LWTech's Mission Fullfillment Plan, under Financial Success, values an open and transparent budget and financial process. The college, through the Finance & Budget Advisory Council, has developed a budget process which allows for the assessment and review of funding needs of the College through a managed and defined process.

With this in mind, it is necessary to ensure the budget request and input process is a "bottom up" process which allows divisions/departments to identify and prioritize needs for their departments and programs.

The council reviews the forms and presentations and ranks allotments accordingly. If you require any of the forms listed below, please contact Budget Services.

• Discretionary Budget Requests
• Faculty Position Requests
• Staff Position Requests
• Ancillary Grants Self Support Budget Development
• New Program Startup Costs