Fiscal Year 2012 Budget Calendar


July

  • Release Fiscal Year 2011 budget including RBB model distribution
  • Public release of tuition rates

September

  • Budget Office planning/resource meetings with colleges and administrative units

October

  • State operating & capital budget submission
  • Preliminary Fiscal Year 2012 financial plan review with the Board of Trustees
  • Preliminary core budget drivers/potential reorganizations

November

  • State budget hearing with the Office of Management and Budget
  • Preliminary Fiscal Year 2012 and Fiscal Year 2013 RBB model distribution

December

  • Release self-supporting Budget Turnaround (BTA) to units

January

  • Self-supporting Budget Turnaround screens due from units
  • Release of Governor’s  recommended budget

February

  • Self-supporting BTA review complete
  • Interim update to the budget plan
  • Review and distribute information concerning the impact of Governor’s Recommended Budget on Preliminary University Financial Plan
  • Joint Finance Committee (Legislature) budget hearing

April

  • Benefit rates determined
  • Finalize budget drivers
  • Presentation of draft Fiscal Year 2012 University Financial Plan to Board of Trustees
  • Updated FY12 and FY13 RBB model distribution based on Board of Trustee budget
  • Release basic budget BTA
  • Joint Committee on Bond and Capital Improvements (Legislature) budget hearing

May

  • Basic budget BTA screens due from units

June

  • Basic budget BTA review complete
  • State budget released for new fiscal year
  • University Financial Plan finalized