Information 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.
General Schedule (see details in Cycle Dates):
| MONTH | BUDGETING ACTIVITY |
|---|---|
| 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 department level users to allow for College/Unit level review of planned budget. 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. |