July Procurement Services News—Changes to thresholds and limits, Marketsite+ system and supplier updates, and more
June Travel Program News—flexible booking, international travel registration, Weber's Supplier Feature, unused tickets, CTP Campus Day support, Supplier Showcase recap, and more...
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View U-M's 2025 Annual Report
FY 2026 University Budget Book
The University Budget Book is a comprehensive presentation of the University's fiscal year budget for use by the university community and the general public. The FY 2026 budgets were approved by the Board of Regents in June, and the Budget Book is available on the Office of Budget and Planning website.
Facilities & Administrative (F&A) Costs (aka Indirect Costs)
Facilities and Administrative (F&A) Costs (sometimes referred to as Indirect Costs or IDC) are the real costs of university operations that are not readily assignable to a particular project. These costs are determined by federal auditors under the guidelines of OMB Uniform Guidance. Facilities and Administrative Cost rates are negotiated by the FinOps Cost Reimbursement Office with the Department of Health and Human Services (DHHS) -- the federal cognizant audit agency for the U-M.
Dental Stores Administrative Tax Report
Last submitted by jjbedore on September 9th, 2026 at 12:12PM
The University of Michigan Tax Report
Sales Tax Summary for August 2026
Reporting begins on Tuesday September 1st, 2026 and ends on Thursday September 10th, 2026. Unsubmitted reports indicate that the unit did not have taxable sales during the period. Changes to this report after Thursday September 10th, 2026 must be made directly to the Tax Department.
| Sales | Amount | |||||
|---|---|---|---|---|---|---|
| Gross Sales: | 10.60 | |||||
| Less: Taxes Included in Gross Sales: | 0.60 | |||||
| Taxable Gross Sales: | 10.00 | |||||
| Allowable Deductions | Amount |
|---|---|
| Sales for Resale: | 0.00 |
| Sales to Industrial Processors or Agricultural Producers: | 0.00 |
| Sales in Interstate Commerce: | 0.00 |
| Sales to Federal or State Governmental or Political Subdivisions: | 0.00 |
| Sales to Schools, Hospitals, and Other Qualified Nonprofit Organizations: | 0.00 |
| Income from Nontaxable Labor or Nontaxable Services: | 0.00 |
| Returned Goods: | 0.00 |
| Other: | 0.00 |
| Other Descr: - | |
| Total Allowable Deductions: | 0.00 |
| Sales After Deductions: | 10.60 |
| Net Taxable Sales: | 10.00 |
| Department Charge for August 2026 | ||||||
|---|---|---|---|---|---|---|
| Account | Fund Code | Department ID | Program | Class | Project | Amount |
| 615020 | 10000 | 404100 | 10003 | 11000 | 0.60 | |
Products Tax Report
Last submitted by nstoica on September 9th, 2026 at 11:12AM
The University of Michigan Tax Report
Sales Tax Summary for August 2026
Reporting begins on Tuesday September 1st, 2026 and ends on Thursday September 10th, 2026. Unsubmitted reports indicate that the unit did not have taxable sales during the period. Changes to this report after Thursday September 10th, 2026 must be made directly to the Tax Department.
| Sales | Amount | |||||
|---|---|---|---|---|---|---|
| Gross Sales: | 0.00 | |||||
| Less: Taxes Included in Gross Sales: | 0.00 | |||||
| Taxable Gross Sales: | 0.00 | |||||
| Allowable Deductions | Amount |
|---|---|
| Sales for Resale: | 0.00 |
| Sales to Industrial Processors or Agricultural Producers: | 0.00 |
| Sales in Interstate Commerce: | 0.00 |
| Sales to Federal or State Governmental or Political Subdivisions: | 0.00 |
| Sales to Schools, Hospitals, and Other Qualified Nonprofit Organizations: | 0.00 |
| Income from Nontaxable Labor or Nontaxable Services: | 0.00 |
| Returned Goods: | 0.00 |
| Other: | 0.00 |
| Other Descr: - | |
| Total Allowable Deductions: | 0.00 |
| Sales After Deductions: | 0.00 |
| Net Taxable Sales: | 0.00 |
| Department Charge for August 2026 | ||||||
|---|---|---|---|---|---|---|
| Account | Fund Code | Department ID | Program | Class | Project | Amount |
| 615350 | 56000 | 315399 | 31100 | 0.00 | ||
YFH Merchandise Sales Tax Report
Last submitted by on September 1st, 2026 at 2:40AM
The University of Michigan Tax Report
Sales Tax Summary for August 2026
Reporting begins on Tuesday September 1st, 2026 and ends on Thursday September 10th, 2026. Unsubmitted reports indicate that the unit did not have taxable sales during the period. Changes to this report after Thursday September 10th, 2026 must be made directly to the Tax Department.
| Sales | Amount | |||||
|---|---|---|---|---|---|---|
| Gross Sales: | 0.00 | |||||
| Less: Taxes Included in Gross Sales: | 0.00 | |||||
| Taxable Gross Sales: | 0.00 | |||||
| Allowable Deductions | Amount |
|---|---|
| Sales for Resale: | 0.00 |
| Sales to Industrial Processors or Agricultural Producers: | 0.00 |
| Sales in Interstate Commerce: | 0.00 |
| Sales to Federal or State Governmental or Political Subdivisions: | 0.00 |
| Sales to Schools, Hospitals, and Other Qualified Nonprofit Organizations: | 0.00 |
| Income from Nontaxable Labor or Nontaxable Services: | 0.00 |
| Returned Goods: | 0.00 |
| Other: | 0.00 |
| Other Descr: - | |
| Total Allowable Deductions: | 0.00 |
| Sales After Deductions: | 0.00 |
| Net Taxable Sales: | 0.00 |
| Department Charge for August 2026 | ||||||
|---|---|---|---|---|---|---|
| Account | Fund Code | Department ID | Program | Class | Project | Amount |
| 413367 | 90000 | 754000 | 12448 | U079304 | 0.00 | |