July - September
Complete annual financial audit work as it relates to the prior year's budget. Refine new year's departmental operating budgets. Reconcile Fall term enrollment to new year's budget plan.
Begin preliminary discussions of budget process for next year.
Budget Office/Senior Administration
Presentation of the current year's final budget to the board of trustees. Begin discussions on next year's planning.
Budget Office & Board of Trustees
Request information from Facilities Management, Public Safety, et al. for Auxiliary preliminary planning for next year.
Initiate budget planning process to the the Auxiliaries for preliminary planning for next year.
Preplanning meeting with the Budget Committee.
Next year's preliminary planning information due back to the Budget Office.
Next year's enrollment projections to be submitted to the Budget Office.
January - March
Conduct College/Divisional budget hearings for the next fiscal year.
Presentation of next year's budget planning assumptions to the Executive Committee of the Board of Trustees for approval.
Budget Committee completes all resource allocation decisions.
Approval of the next year's preliminary operating and capital budgets.
Board of Trustees
Distribution of next year's budget worksheets to colleges/divisions.
Next year's budget worksheets due back to the Budget Office.
Implement preliminary operating budget for new fiscal year.