Budget Calendar
Fiscal Year 2024
July 2023
* FY 2023 Final Budget Amendment Due July 14th
* FY 2025 budget development templates for square footage due July 21st
* FY 2025 budget development templates for health insurance verified by July 28th
* FY 2025 budget development templates for square footage due July 21st
* FY 2025 budget development templates for health insurance verified by July 28th
September 2023
* FY 2025 budget request submitted to OPB by September 1st
* FY 2023 Carry-Forward Report due by September 15th
* FY 2023 Annual Expenditure Report (AER) due from institutions September 15th
* FY 2023 Carry-Forward Report due by September 15th
* FY 2023 Annual Expenditure Report (AER) due from institutions September 15th
October 2023
* FY 2024 First Quarter budget amendment due October 10th
* FY 2024 First Quarter Financial Reports due on October 18th
* Presidential certification of Quarterly Reports due October 27th
* FY 2024 First Quarter Financial Reports due on October 18th
* Presidential certification of Quarterly Reports due October 27th
December 2023
* FY 2025 Mandatory Fee Projection Models due December 4th
* FY 2025 Budget Hearing Materials due December 4th
* FY 2025 Budget Hearing Materials due December 4th
January 2024
* Governor releases Amended FY 2024 & FY 2025 Budget Reports; Chancellor presents recommendations to Joint Appropriations Committee
* General Assembly conducts hearings and review of Amended FY 2024 & FY 2025 budget recommendations
* FY 2024 Second Quarter budget amendment due on January 10th
* FY 2024 Second Quarter Financial Reports with carry-forward updates due on January 19th
* Presidential certification of Quarterly Reports due January 26th
* Five-Year Auxiliary Business Plans due January 29th
* FY 2025 Mandatory Fees due January 29th
* FY 2025 Elective Fees due January 29th
* FY 2023 Auxiliary Carry-Forward Report due January 29th
* General Assembly conducts hearings and review of Amended FY 2024 & FY 2025 budget recommendations
* FY 2024 Second Quarter budget amendment due on January 10th
* FY 2024 Second Quarter Financial Reports with carry-forward updates due on January 19th
* Presidential certification of Quarterly Reports due January 26th
* Five-Year Auxiliary Business Plans due January 29th
* FY 2025 Mandatory Fees due January 29th
* FY 2025 Elective Fees due January 29th
* FY 2023 Auxiliary Carry-Forward Report due January 29th
February 2024
* Athletics Financial Report and Business Plan due February 9th
March & April 2024
* General Assembly passes FY 2025 Budget (late March - early April)
April 2024
* FY 2024 Third Quarter budget amendment due on April 9th
* FY 2024 Third Quarter Financial Reports with carry-forward updates due on April 19th
* Presidential certification of Quarterly Reports due April 29th
* FY 2025 Allocation, Tuition, and Fee recommendations presented to the Board of Regents for approval. Delivered to institutions after approval
* FY 2024 Third Quarter Financial Reports with carry-forward updates due on April 19th
* Presidential certification of Quarterly Reports due April 29th
* FY 2025 Allocation, Tuition, and Fee recommendations presented to the Board of Regents for approval. Delivered to institutions after approval
May 2024
* FY 2025 Original Budget due May 3rd
* FY 2025 Original Budget presented to Board of Regents for approval at the May meeting
* Initial FY 2025 Annual Operating Budget submitted to OPB by USG Budget Office by May 31st
* FY 2025 Original Budget presented to Board of Regents for approval at the May meeting
* Initial FY 2025 Annual Operating Budget submitted to OPB by USG Budget Office by May 31st
July 2024
* Final budget amendments for FY 2024 due July 19th