Budget Cycle - Auxiliary Enterprises & Self Supporting Units
| Budget Process | Time Frame | Summary |
|---|---|---|
Planning |
Continuously |
|
Development |
September |
Budget Call |
October |
Budget Consultation Meetings Budget Proposals submitted to the Budget Office |
|
November |
Budget Proposals reviewed and distributed to University executives |
|
December/January |
Budget Hearings |
|
January |
Start of General Assembly Session; Fee recommendations developed |
|
February |
Fee recommendations mailed to the BOV |
|
March |
BOV reviews and approves fee recommendations |
|
April |
Appropriation Act Approved |
|
Communication |
May |
Budget Letters presented, approved, and distributed |
Execution |
June |
Budgets entered into the accounting system and fiscal officers notified of their availability for distribution prior to fiscal year start up |
Monitoring & Reporting |
Continuously |
Quarterly performance report to the Board of Visitors |
Year End |
June 30th |