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 |