|
FY 25 Schedule |
|
|
Original Date |
Description |
|
September / October |
Establish budget process, initial modeling, vice presidents submit investment requests |
|
November / December |
Development of overall parameters |
|
February 12 |
Revenue & Expense budget materials distributed on campus |
|
February 15 |
President prepares final budget parameters for submission to the Finance Committee and the Board of Trustees |
|
February 23 |
Finance Committee of the Board of Trustees recommends budget parameters |
|
February 29 |
Board of Trustees approves budget paramenters |
|
March 4 |
Salary budget materials distributed on campus |
|
March 11 |
Revenue & Expense forms returned to Budget Office or electronic entry completed |
|
March 18 |
Salary deliberations completed for academic and non-academic areas; new year salary information returned to the Budget Office |
|
Week of April 8 |
Budget Office provides salary verification forms to vice presidents/deans |
|
April 12 |
Salary verification forms returned to the Budget Office |
|
May 21 |
Salary notification to individuals begins |
|
July 1 |
Fiscal year begins |