| Facts about CU Finance |
|
- We are 220 people strong, located in 6 different buildings and spread out over three campuses.
- Our Office of Management and Budget oversees Columbia’s budget of more than $2.5 billion.
- Our Payroll Department processes 425,000 direct deposits and paychecks annually.
- Accounts Payable processes over 200,000 payments annually.
- The Purchasing Office issues more than 9,000 Purchase Orders and Change Orders annually.
- Our Treasury Office provides banking, collection and payment solutions to the University and all over the world.
- We protect Columbia’s assets through risk prevention and insurance programs, providing a comprehensive line of risk management services to the CU community.
- Our Controller’s Office collects and disburses over $150 million from Science and Technology Ventures-negotiated agreements and manages the financial administration of over $300 million in grants and contracts awarded annually to CU.
- We bill and collect rents for approximately 6,300 residents of CU owned buildings.
- We conduct over 150 different training classes in 25 subject matter areas each year.
- We audit all aspects of the University, and produce financial statements for an organization that would rank in the Fortune 1000 if we were a corporation.
