Budget Calendar
Fiscal Year 2022
July 2021
* FY 2021 Final Budget Amendment Due July 14
* Amended FY 2022 & FY 2023 Budget Development begins
* FY 2023 budget development templates for square footage due July 6th
* FY 2023 budget development templates for health insurance verified by July 15th
* Amended FY 2022 & FY 2023 Budget Development begins
* FY 2023 budget development templates for square footage due July 6th
* FY 2023 budget development templates for health insurance verified by July 15th
August 2021
* FY 2022 MRR Allocations approved by Board of Regents at August meeting
September 2021
* FY 2021 Annual Expenditure Report (AER) due from institutions September 7th
October 2021
* FY 2022 First Quarter budget amendment due October 7th
* FY 2022 First Quarter Financial Reports due on October 18th
* Presidential Certification of Quarterly Reports due October 29th
* FY 2022 First Quarter Financial Reports due on October 18th
* Presidential Certification of Quarterly Reports due October 29th
November 2021
* FY 2022 Budget Hearing narratives and data, including initial Enrollment/Revenue Projections, due November 18th
December 2021
* FY 2023 Budget Hearings for select institutions
January 2022
* FY 2023 Budget Hearings for select institutions
* Governor releases Amended FY 2022 & FY 2023 Budget Reports; Chancellor presents recommendations to Joint Appropriations Committee
* General Assembly conducts hearings and review of Amended FY 2022 & FY 2023 budget recommendations
* FY 2022 Second Quarter budget amendment due on January 11th
* FY 2022 Second Quarter Financial Reports with carry-forward updates due on January 18th
* FY 2023 Mandatory Fee and Five-Year Auxiliary Business Plans due January 18th
* FY 2023 Elective Fees due January 18th
* Presidential Certification of Quarterly Reports due January 28th
* Governor releases Amended FY 2022 & FY 2023 Budget Reports; Chancellor presents recommendations to Joint Appropriations Committee
* General Assembly conducts hearings and review of Amended FY 2022 & FY 2023 budget recommendations
* FY 2022 Second Quarter budget amendment due on January 11th
* FY 2022 Second Quarter Financial Reports with carry-forward updates due on January 18th
* FY 2023 Mandatory Fee and Five-Year Auxiliary Business Plans due January 18th
* FY 2023 Elective Fees due January 18th
* Presidential Certification of Quarterly Reports due January 28th
February 2022
* FY 2023 Budget Hearings for select institutions
* General Assembly continues review and hearings on Amended FY 2022 & FY 2023 budgets
* General Assembly continues review and hearings on Amended FY 2022 & FY 2023 budgets
March 2022
* FY 2023 Budget Hearings for select institutions
March & April 2022
* General Assembly passes FY 2023 Budget (late March - early April)
April 2022
* Chancellor's FY 2023 institution budget allocation recommendations are finalized
* FY 2022 Third Quarter budget amendment due on April 7th
* FY 2022 Third Quarter Financial Reports due on April 18th
* Presidential Certification of Quarterly Reports due April 29th
* FY 2023 Allocation, Tuition, and Fee recommendations presented to the Board of Regents for approval. Delivered to institutions after approval.
* FY 2022 Third Quarter budget amendment due on April 7th
* FY 2022 Third Quarter Financial Reports due on April 18th
* Presidential Certification of Quarterly Reports due April 29th
* FY 2023 Allocation, Tuition, and Fee recommendations presented to the Board of Regents for approval. Delivered to institutions after approval.
May 2022
* FY 2023 Original Budget due May 2nd
* FY 2023 Original Budget presented to Board of Regents for approval at the May meeting
* Initial FY 2023 Annual Operating Budget submitted to OPB by USG Budget Office by May 31st
* FY 2023 Original Budget presented to Board of Regents for approval at the May meeting
* Initial FY 2023 Annual Operating Budget submitted to OPB by USG Budget Office by May 31st
July 2022
* Final budget amendments for FY 2022 due from institutions July 12 (subject to change based on OPB/SAO year-end calendar).