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Description area
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The Division of Budget and Finance at South Dakota State University is responsible for overseeing the institution’s fiscal operations and ensuring financial accountability in support of the university’s academic and administrative mission. Operating under the policies and guidelines of the South Dakota Board of Regents, the division manages budget development, financial reporting, accounting, and related business functions essential to university operations.
Over time, the division has expanded to encompass a broad range of financial and administrative services. Its responsibilities include budget planning and administration; accounting and financial analysis; accounts payable and payroll; purchasing and property management; cashiering and card services; grant administration; institutional research; risk management; logo licensing; and student loan collections. The division also administers the university’s Banner finance system, which supports integrated financial management and reporting.
The Division of Budget and Finance provides financial oversight for major institutional initiatives and capital projects and supports long term fiscal planning and stewardship. Its work includes monitoring liquidity, assets, and net position, as well as coordinating activities related to bonds, investments, and special funds. Through these functions, the division plays a central role in maintaining the financial stability of South Dakota State University and supporting the efficient use of public and private resources.