| August 2006 | Board of Regents approves Budget Request for Fiscal Year 2008 |
| Budget request for Fiscal Year 2008 sent to OPB |
| September 2006 | OPB begin detailed review of USG budget requests |
| Information packet for Revenue Projections and sent to institutions September 8 (due September 29) |
| Annual Expenditure Reports (due September 15) |
| October 2006 | OPB and LBO continue review of budget requests - request additional information |
| Information packet for FY 2008 Fee Request sent to institutions October 6 (due December 15) |
| Budget Conference TBA |
| Budget Amendment for First Quarter due from institutions October 13 |
| November 2006 | Institutions preparing FY 2008 Fee Request and Professional Program Tuition |
| December 2006 | Fee Requests due from institutions December 15 |
| Budget Office begin review of fee requests |
| January 2007 | Governor presents FY 2008 Budget recommendations to the General Assembly |
| Chancellor presents FY 2008 Budget Request to Joint Appropriations Committee |
| BOR staff have budget discussions with institutions |
| Budget Amendment for Second Quarter due from institutions January 12 |
| Feb. - March 2007 | General Assembly passes FY 2008 Budget |
| General Assembly passes FY 2007 Amended Budget |
| Tuition and fees analysis by BOR staff |
| April 2007 | Allocation, Tuition and Fees recommendations approved at Board Meeting |
| State Allocations, Tuition and Fees sent to all institutions with Budget Guidelines |
| Budget Amendment for Third quarter due from institutions April 13 |
| May 2007 | Institutions submit Original Budget for FY 2008 on May 21 |
| Budget Office reviews Original Budget submissions |
| Begin budget strategy for FY 2009 |
| June 2007 | Board approves 2008 Original Budget at June meeting |
| Final budget amendments for FY 2007 due June 1 from institutions |
| Final clean up amendments due from institutions June 18 |
| Information request for New Square Footage projection for FY 2009 budget development sent to institutions June 8 (due June 25) |
| July 2007 | FY 2009 budget development |
| USG Final amended FY 2007 budget due to OPB |
| * Fringe Benefit projections due from institutions June 25 |
| Unit B budget requests due July 2 |
| August 2007 | Annual Expenditure Report (AER) due August 17 |
| September 2007 | Board of Regents approves FY 2009 Budget Request |