Planning Cycle

Planning Cycle

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.
Budget Office
 
 
October
Begin preliminary discussions of budget process for next year.
Budget Office/Senior Administration
 
 
November
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
 
 
November
Request information from Facilities Management, Public Safety, et al. for Auxiliary preliminary planning for next year.
Budget Office
 
 
December
Initiate budget planning process to the the Auxiliaries for preliminary planning for next year.
Budget Office
 
 
December
Preplanning meeting with the Budget Committee.
Budget Committee
 
 
January
Next year's preliminary planning information due back to the Budget Office.
Auxiliaries
 
 
January
Next year's enrollment projections to be submitted to the Budget Office.
EMCS/Institutional Research
 
 
January - March
Conduct College/Divisional budget hearings for the next fiscal year.
Budget Committee/Colleges/Divisions
 
 
February
Presentation of next year's budget planning assumptions to the Executive Committee of the Board of Trustees for approval.
President/Trustees
 
 
March
Budget Committee completes all resource allocation decisions.
Budget Committee
 
 
April
Approval of the next year's preliminary operating and capital budgets.
Board of Trustees
 
 
April
Distribution of next year's budget worksheets to colleges/divisions.
Budget Office
 
 
May
Next year's budget worksheets due back to the Budget Office.
Colleges/Divisions
 
 
July
Implement preliminary operating budget for new fiscal year.
Budget Office
 
 

Estimated timeframes