|
|
Info to/from Campus |
Internal Information Available |
|
July |
OB:
- New
fiscal year opens
- Close
past year
CB:
- DBM
Hearings |
|
|
August |
OB:
- Begin
budget request |
- High
level closing information for previous year
- Opening
statement of position for current year
- Revenue/costs
variation from previous year |
|
September |
OB:
- Submit
preliminary request information to USM |
- Official
Financial Statement (operating budget,
capital budget, and auxiliary)
- Detailed
closing information for previous year
- Preliminary
information for next budget request
§
Tuition & fee proposal |
|
October |
OB:
- Submit
tuition & fee request to USM
- Provide
more detailed request info
- FAC
receives reports of supplemental funds expenditures from previous
spring |
- Update
for Fall enrollment/revenue
- Update
on information from USM regarding current request cycle
|
|
November |
OB:
- Request
supplemental funding priorities from Vice Presidents |
- Request
information/ priorities for internal supplemental funding
and operating budgets for the next fiscal
year
- Update
of Business Plan |
|
December |
OB:
- Adjust
budget request based on DBM information |
|
|
January |
OB:
- Governor
releases budget request
- Receive
supplemental funding priorities from Vice Presidents
|
- Summary
of information received related to internal supplemental funding
- Review
auxiliary rates
§
Meal plans
§
Room rates |
|
February |
OB:
- Legislative
Hearings (DLS analysis)
CB:
- Begin
request for CIP & SFCP |
- Update
on first half of year
- Review
5 year budgets for Auxiliary operations
- Capital
project status update |
|
March |
OB:
- Review
Spring data
- FAC
prepares list of supplemental funding requests
CB:
- Submit
via CBIS |
- Update
for Spring enrollment/revenue
- Preliminary
year end projections
- Fiscal
Advisory Committee
identifies operating budget needs for the
future
|
|
April |
OB:
- Legislature
votes on budget
- Prepare/review
supplemental lists and makes
recommendations to PAC |
|
|
May |
OB:
- Governor
signs budget
- Allocate
supplemental funds
- FAC
reviews proposal for next FY operating budgets and makes
recommendations |
- Preliminary
opening position statement for next year
- Approved
Capital & Operating Budgets |
|
June |
|
- Budget
allocations for next year |
