Budget Calendar

The following budget calendar was presented at

Town Hall Meeting:
Development of Next Two-Year Budget
FY2012 and FY2013December 6, 2010

Presented by:
Scott A. Bass, Provost
and
Don Myers, CFO, Vice President and Treasurer

September – October 2010
President appoints University Budget Committee (UBC).
Provost and CFO, Vice President and Treasurer lead budget meetings with the campus community.
UBC recommends budget development guidelines to the President.

November 2010
President issues strategic objectives and budget call to President’s Cabinet (November 4, 2010).
President requests input from campus community regarding strategic plan objectives for consideration in budget (November 11, 2010).
President presents budget criteria to the Board of Trustees Finance and Investment Committee (November 18-19, 2010).
Provost formulates undergraduate and graduate enrollment projections.

December 2010
Provost and CFO, Vice President and Treasurer lead budget meetings with the campus community.
Faculty Senate confers with the Provost on academic affairs budget.

January 2011
President’s Cabinet submits budget proposal to the President (January 7, 2011).
President holds campus community meeting regarding strategic plan and objectives for consideration in budget.
Budget Office submits summary of budget proposals to the President and UBC.
UBC reviews budget proposals and submits a set of recommendations to the President.

February 2011
President consults with the President’s Cabinet and presents proposed budget to the BOT Finance and Investment Committee.
Board of Trustees approves budget for FY2012 and FY2013 (February 24-25, 2011).

March 2011
Approved budget summary is published for the campus community.
President communicates budget allocations to the Provost and Vice Presidents.

April 2011
Line-item budgets are sent to units for the new budget year.
Units submit line-item budgets to the Budget Office in light of approved budget allocations.

May 1, 2011
New fiscal year begins.