not mobile

Fiscal Affairs

Budget Calendar

Print friendly Modified September 10, 2010

Fiscal Year 2011

July 2010

  • Amended FY 2011 & FY 2012 Budget Development
  • USG final FY 2010 budget amendment due to OPB on July 14 (for state funds) and July 30 (for all other funds)

August 2010

  • Amended FY 2011 and FY 2012 institution reduction plans due August 2
  • FY 2010 Budget To Actuals due from institutions August 16th to August 30
  • FY 2010 Annual Expenditure Report (AER) due from institutions August 31st
  • Board of Regents approves Amended FY 2011 & FY 2012 budget requests to be submitted to OPB

September 2010

  • Amended FY 2011 & FY 2012 USG budget requests submitted to OPB (September 1st)
  • OPB and legislative budget offices begin detailed review of USG budget requests
  • BOR staff review AER and Budget To Actuals submissions following up with institutions as necessary
  • Quarterly budget projections due from institutions September 10th
  • First Quarter budget amendment due from institutions September 17th

October 2010

  • OPB and legislative budget offices continue detailed review of USG budget requests
  • First Quarter Expenditure Report data sent to institutions for review on October 7th
  • Institutions complete review and submit the First Quarter Expenditure Report data on October 14th
  • FY 2012 Mandatory Fee, Professional Program Tuition, Graduate Tuition, E-Rate, Miscellaneous Fee, and Housing and Food Services request instructions issued

November 2010

  • OPB and legislative budget offices continue detailed review of USG budget requests
  • Institutions preparing FY 2012 Mandatory Fee, Professional Program Tuition and Graduate Tuition requests

December 2010

  • OPB and legislative budget offices continue detailed review of USG budget requests
  • Instructions issued for 5-year auxiliary plans
  • FY 2012 Revenue Projections due from institutions December 3rd
  • FY 2012 Mandatory Fee requests due from institutions December 17th
  • Second Quarter budget amendment due from institutions December 17th
  • Budget Office begins review of mandatory fee requests

January 2011

  • FY 2012 Professional Program Tuition requests due from institutions January 14th
  • FY 2012 Graduate Tuition requests due from institutions January 14th
  • FY 2012 Miscellaneous Fee, and Housing and Food Services due from institutions due January 14th
  • FY 2012 E-Rates due from institutions due January 14th
  • Budget Office begins review of FY 2012 Professional and Graduate tuition requests
  • Second Quarter Expenditure Report data sent to institutions for review January 6th
  • Institutions complete review and submit final Second Quarter Expenditure Report data January 13th
  • Governor presents Amended FY 2011 & FY 2012 budget recommendations to the General Assembly
  • 5-Year Auxiliary Plans due from institutions January 28
  • Chancellor presents Amended FY 2011 & FY 2012 budget request to Joint Appropriations Committee

February 2011

  • General Assembly continues review and hearings on Amended FY 2011 & FY 2012 budgets
  • FY 2012 Mandatory Fees, Professional Tuition and Graduate Tuition final analyses and recommendations by BOR staff (late February - March)

March 2011

  • General Assembly passes Amended FY 2011 Budget
  • General Assembly passes FY 2012 Budget (late March - early April)
  • Third Quarter budget amendment due from institutions March 18th
  • Chancellor’s FY 2012 institution budget allocation recommendations are finalized and submitted to the Board of Regents for approval

April 2011

  • FY 2012 Allocation, Tuition and Fees recommendations presented to the Board of Regents for approval
  • FY 2012 State Fund Allocations, Tuition and Fees amounts/rates sent to all institutions with Budget Guidelines
  • Third Quarter Expenditure Report data sent to institutions for review April 7th
  • Institutions complete review and submit final Third Quarter Expenditure Report data April 16th
  • Begin developing budget strategy for FY 2013

May 2011

  • Institutions submit FY 2012 Original Budget May 18th
  • Budget Office reviews FY 2012 Original Budget submissions
  • Initial FY 2012 Annual Operating Budget submitted to OPB May 31st

June 2011

  • Information request and template for New Square Footage projection for FY 2013 budget development sent to institutions June 10th (due from institutions June 27th)
  • Health insurance and retiree fringe benefit projection templates for FY 2013 budget development sent to institutions June 10th (due from institutions June 27th)
  • FY 2012 Original Budget presented to Board of Regents for approval
  • Final budget amendments for FY 2011 due from institutions June 24th

« Back to the Budget Office