* Board of Regents approves Budget Request for Fiscal Year 2009 * Annual Budget to Actuals Online Application Open to Institutions * Annual Expenditure Reports - August 25

* Budget request for Fiscal Year 2009 due to OPB September 4 * OPB begins detailed review of USG budget requests * Projection for Quarterly Report due from institutions September 10 * Budget Amendment for First Quarter due from institutions September 20

* Annual Budget Conference October 17 * Institution Budget Review Process Information Submissions & New Funding Requests (due November 16) * Mandatory Fee Requests & Business Plans (due December 14) * Professional Program Tuition Requests (due January 11) * Revenue Projections (due November 30) * OPB and LBO continue review of budget requests - request additional information

* Institution Budget Review Process information submissions & New Funding requests due November 16 * Institutions preparing FY 2009 Fee Request and Professional Program Tuition * Budget review analysts receive institutional packages November 16 * Budget review analysts research and review institutional budgets

* Mandatory Fee Requests & Business Plans due from institutions December 14 * Budget Office begins review of mandatory fee requests & business plans * Budget Amendment for Second Quarter due from institutions December 20 * Budget review analysts research and review institutional budgets

* Professional Program Tuition Requests due January 11 * Budget review analysts discuss findings at institutions, and develop issues list for each institution by January 11 * Finalize schedule for budget hearings with institutions by January 15. Institutions can submit revised new funding requests in accordance with BOR strategic plan priorities also by this date. * Governor presents FY 2009 Budget recommendations to the General Assembly * Chancellor presents FY 2009 Budget Request to Joint Appropriations Committee * Budget review analysts research and review institutional budgets

* Fiscal Affairs FY 2009 budget hearings with institutions from February 1 - 8 * Fiscal Affairs and analysts develop FY 2009 institution recommendations February 11 - 29 * During March, incorporate FY 2009 budget review recommendations into the strategic investment model (allocations) in process involving Fiscal Affairs, Chancellor and BOR senior staff * General Assembly passes FY 2008 Amended Budget * General Assembly passes FY 2009 Budget * Tuition and fees final analyses and recommendations by BOR staff * Budget Amendment for Third quarter due from institutions March 20

* Fiscal Affairs FY 2009 budget hearings with institutions from February 1 - 8 * Fiscal Affairs and analysts develop FY 2009 institution recommendations February 11 - 29 * During March, incorporate FY 2009 budget review recommendations into the strategic investment model (allocations) in process involving Fiscal Affairs, Chancellor and BOR senior staff * General Assembly passes FY 2008 Amended Budget * General Assembly passes FY 2009 Budget * Tuition and fees final analyses and recommendations by BOR staff * Budget Amendment for Third quarter due from institutions March 20

* Chancellor's FY 2009 institution budget allocation recommendations are finalized and submitted to the Board for approval * Allocation, Tuition and Fees recommendations approved at Board Meeting * State Allocations, Tuition and Fees sent to all institutions with Budget Guidelines

* Institutions submit Original Budget for FY 2009 on May 19 * Budget Office reviews Original Budget submissions * Begin budget strategy for FY 2010

* Board approves 2009 Original Budget at June meeting * Final budget amendments for FY 2008 due June 18 from institutions * Information request for New Square Footage projection for FY 2009 budget development sent to institutions June 9 (due June 25) * Health insurance and retiree fringe benefit projection templates sent to institutions June 9 to be completed and returned June 25

* FY 2010 budget development * USG Final FY 2008 budget amendment due to OPB * Unit B FY 2010 budget requests due July 8

* Annual Expenditure Report (AER) due August 15 * Board of Regents approves FY 2010 Budget Request

* Annual Expenditure Report (AER) due August 15 * Board of Regents approves FY 2010 Budget Request