Financial Analysis consists of four areas—the Office of Financial Analysis, Space Analysis, Property Control and Property Disposition.
The Office of Financial Analysis is responsible for supporting the instruction, research, and public service activities of the university by providing analytical support to the executive vice president and chief financial officer (EVPCFO) and the associate vice president for Finance (AVPF). Staff in the Office of Financial Analysis provide analytical services including annual reports and surveys, EVPCFO budget process, consulting services, capital planning, activity based cost management studies, and recharge rate approvals.
Space Analysis is the official custodian of university space and location data. The unit oversees an annual inventory of all university owned and occupied space and make location, square footage, occupancy, and utilization updates as changes occur throughout the year. Space data is used for state, federal and university space utilization reporting. Many university systems, including facilities and plant operations, classroom scheduling and procurement, rely on this data.
Property Control is responsible for the tracking, tagging and inventory of all capital equipment with title vested to the university with a dollar value of $5,000 and above. The office is also responsible for the tracking, tagging and inventory of all government-owned equipment with a dollar value set by government agencies and as required by OMB Circular A21.
Property Disposition is responsible for the accountable disposal of University of Michigan property designated as surplus by university departments.