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The Office of the Vice President and Chief Financial Officer has management oversight and responsibility for all financial functions and oversees all revenues, costs, capital expenditures, investments and debt. The Vice President/CFO also serves as comptroller of the university system.

The Office of the CFO is responsible for system-wide budget execution and implementation, financing, and execution of all capital projects. In conjunction with the Vice President for Academic Affairs, the CFO develops the budget for the university.

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Budget

The University of Illinois System's operating budget for FY2019 is $6.8 billion. The budget is comprised of funds from diversified sources including tuition and fees, direct and indirect state support, patient care revenues, and private dollars in the form of research grants and philanthropic support.