Annual Report

 
A great way to begin the month of October: OUC and department staff exchanged information and questions at Town Hall sessions in Colorado Springs and Denver.
Congratulations to Travis Chillemi, the OUC’s Strategic Communication Technology Manager! Travis recently earned a CU Shared Practices (CUSP) award for his radical redesign of the University’s Annual Financial Report.
Great news! The National Association of College and University Business Officers (NACUBO) has recognized our new presentation of CU’s annual financial report information with a 2014 Innovation Award.
Published barely a week ago, the new Illustrated Guide to the Annual Financial Report has already garnered many positive reviews via the Guide's Feedback section. Among the comments received to date are these:
  • I like the way this works!
  • Finally something that explains that tuition increases do not mean increases in pay for staff.
  • Such a great way to help people understand the financials!
Every year, CU produces an audited financial report with a vast amount of information that is very important to a number of constituencies: rating agencies, the State of Colorado, federal funding agencies, the Board of Regents, and the public. However...providing a vast amount of information is not the same as providing easily understandable information. So the Office of University Controller decided to present the data in easy-to-understand language and charts.