Budget Development Timeline

FY2023 Budget Creation Timeline (for fiscal year beginning June 1, 2022)

 

Summer 2021

  • August 12 UBAC meeting

 

September

  • 9/10 Fall 2021 census. Continuing student and net tuition models refreshed.
  • 9/14 UBAC meeting
  • 9/15 FY22 Q1 meeting of the Operating Forecast Group.
  • 9/15 Leadership Team meeting. Fall 2021 census results are reported by CIPE.
  • 9/15 Board eBook deadline: summer and fall enrollment results, FY22 operating forecast.
  • 9/23-24 Board of Trustees Q1 meeting.

 

October

  • 10/01 Budget Assist is opened for FY23 proposals; new and continuing student enrollment target spreadsheets are issued by CIPE.
  • 10/8 New and continuing student enrollment target spreadsheets are due to CIPE.
  • 10/12 UBAC meeting
  • 10/15 Proposals for new course fees or other fee changes are due to the Vice Provost for Institutional Budget, Planning, and Analytics.
  • 10/19 Vice Provost for Institutional Budget, Planning, and Analytics advances proposed new and continuing student enrollment targets to UBAC and Cabinet discussions.
  • 10/19 (week of) Council of Deans and Council of Vice Provosts recommend approval of FY23 tuition and fee levels, as well as FY23 enrollment targets.
  • 10/27 Cabinet and President recommend FY23 tuition and fee proposals, as well as FY23 enrollment targets, to the Board of Trustees.
  • 10/29 Two Budget Assist proposal types (Existing Contract Increase and Non-Discretionary Increase) are due.

 

November

  • 11/9 UBAC meeting
  • 11/12 Budget Assist is closed for FY23.
  • 11/16 FY22 Q2 meeting of the Operating Forecast Group.
  • 11/19 Board eBook deadline: FY23 tuition and fee recommendations, FY23 enrollment targets, FY22 operating forecast update.

 

December

  • 12/7 UBAC meeting
  • 12/9-10 Board of Trustees meeting: approval of tuition and fee recommendations, as well as enrollment targets.
  • 12/15 President’s Cabinet reviews discretionary Budget Assist proposals and receives recommendations from UBAC.
  • 12/17 NCAP process must be completed for all summer/fall 2022 program launches/cancellations.
  • 12/17 Budget Assist decision-making spreadsheet issued to the President.
  • 12/20 Due date for Provost to approve all FY23 cohort/program launches/cancellations.
  • 12/21 President and Provost confer and President makes final decisions concerning FY23 Budget Assist proposals. Decision-making spreadsheet is returned to the Vice Provost for Institutional Budget, Planning, and Analytics.
  • 12/22 Vice Provost for Institutional Budget, Planning, and Analytics informs various groups about the results of the President’s decisions concerning Budget Assist requests.

 

January 2022

  • 1/11 UBAC meeting
  • 1/12 Leadership Team meeting. President comments on his decisions concerning Budget Assist proposals.

February

  • 2/11 Spring 2022 Census; continuing student and net tuition models refreshed.
  • 2/15 New and continuing student enrollment target spreadsheets reissued for updates.
  • 2/15 UBAC meeting
  • 2/18 Revised new and continuing student enrollment target spreadsheets due.
  • 2/21 Revised new and continuing student enrollment targets are approved by the Vice Provost for Institutional Budget, Planning, and Analytics.
  • 2/23 President’s Cabinet meeting. Cabinet discusses budget-balancing efforts, if necessary.

 

March

  • 3/1 FY22 Q3 meeting of the Operating Forecast Group.
  • 3/1 UBAC meeting
  • 3/2 President’s Cabinet meeting. If necessary, Cabinet determines allocation of aggregate savings targets to units.
  • 3/4 Board eBook deadline: FY23 Board operating budget documents, FY22 operating forecast update.
  • 3/24-25 Board of Trustees Q3 meeting: approval of FY23 operating budget.

 

April

  • 4/5 UBAC meeting
  • 4/13 Cabinet members deliver budget savings initiatives to CIPE, if necessary.
  • 4/18 FY23 operating budget uploaded to Banner Finance.
  • 4/20 President’s Cabinet reviews UBAC feedback about proposed savings initiatives, if required for FY23.
  • 4/25 President and Provost confer and approve savings initiatives, if required for FY23.
  • 4/29 FY23 savings uploaded to Banner Finance (if required for FY23).

 

May

  • 5/10 UBAC meeting
  • 5/16 FY22 Q4 meeting of the Operating Forecast Group.
  • 5/23 Board eBook deadline: Review of anticipated FY23 enrollment outcomes, FY22 operating forecast update.

 

June

  • 6/1/2022 FY23 begins.
  • 6/6-7/2022 Board of Trustees summer retreat.
  • 6/7/2022 UBAC meeting