The following are links to specific financial policies and guidelines at the University of Toronto. For a comprehensive listing of University policies, please refer to the Governing Council website
The Guide to Financial Management (GTFM) is a key resource for financial administrators, staff and faculty on how to handle financial related issues at the University of Toronto. This guide is maintained and updated by the Financial Services Department.
As University staff members perform their responsibilities, they will be guided by the policies set by the University governance and the regulations, guidelines and procedures developed by the administration to implement those policies. This section provides links to the Governing Council website, which includes more information on the various boards and committees involved in developing and implementing policy.
The Governing Council has established this Policy on Approval and Execution of Contracts and Documents, which was approved on February 9, 2006 (revised November 17, 2008)
Approved March 7, 1994
Approved by Governing Council on October 28, 2021
Policy on Disposal of Capital Assets and Allocation of Proceeds of Disposition (including Regulations), approved June 25, 1991.
Approved November, 2000
Policy for the Preservation of Capital of Endowment Funds. Approved November 20, 2001. This policy is intended to apply to all endowed funds of the University, including funds in the Long-Term Capital Appreciation Pool and specifically invested trust funds.
Approved by the Business Board on April 4, 2011; revised on June 18, 2015
Approved October 7, 2019
Policy on Use of Capital Assets Away from University Premises (including Regulations). Approved June 25, 1991.