March-AprilDetermine University personnel and staffing, and goods and services needs for the upcoming fiscal year, July 1-June 30.
MayPreliminary budget approved by the Board of Trustees. Submit budget adjustment requests (not all budget requests can be approved as our revenues can only sustain a certain level of expenditures).
JunePreliminary goods and services budget will be sent to departments as a baseline.
JuneSubmit any budget transfer requests (budget neutral changes).
June-SeptemberDetermine goods and services needs via cost analysis.
SeptemberHR provides roster of updated personnel to CFO for review and Controller performs p. Institutional Research provides final student (10-day) count.
September-OctoberPresident and CFO review additional budget adjustment requests.
OctoberCFO prepares final budget based on 10-day count. The budget is tuition-driven and based on net program enrollment.
NovemberFinal budget is presented to the Board of Trustees for approval.
End of NovemberFinal budget will be uploaded to updated department budgets with any approved budget adjustments.
MonthlyTowards the end of each month (around the 25th), a monthly budget report will be emailed to all cabinet members, deans and budget managers.