Informaton will be posted prior to budget opening.
The University Budget Office (UBO) defines the process, maintains the budgeting schedule, assists with the tools, and the training that supports the annual development of departmental and unit operating budgets.
|January||After budget assumptions are approved by the Board of Trustees, the budget system opens for budgeting transactions.|
|February||Budget process continues…|
|March||System closes to allow Org level users to review by colleges and UBO early next month. The salary improvement process (SIP) commences.|
|April||Development of the Trustee Budget by the UBO, SIP process continues|
|May||Board of Trustees meet to review and approve budget|
|June||SIP awards loaded to payroll to be effective July 1|
|July||Beginning of new fiscal year, load of budget data to General Ledger and PeopleSoft|