Budget and Planning

Budget Development

 

Budget development will be coordinated annually by the Office of Financial Planning, Analysis, and Budget. Budget development guidelines will be sent by each VP typically in January for the fiscal year that will begin in July. Details of the budget development process may vary from year to year. The budget development process is meant to chart at a high level the expenditures that are planned on for the fiscal year tied to the expected revenue projections for the same period. These expenditures will tie to the University's strategic plan. 

 

Budget Development Sample Timeline

Timeline

 Activity Who Is Responsible Due Date  

Issue budget guidelines

Planning, Budget & Analysis Week 1

Send the BDT to Areas

Planning, Budget, & Analysis Week 2

General Fee Hearings

Areas receiving general fee, VP of Student Affairs, Students, Budget Office TBD

Budget Office closes BDT 

Planning, Budget, & Analysis Week 4

Fee requests due to Budget Office

Planning, Budget, & Analysis Week 4

Review databases & request clarification, if needed

Planning, Budget, & Analysis Week 6

Budget is compiled for presentation to Sr. Leadership

Sr. VP of Finance & Administration/Budget Office Week 7

Budget updated and revised based on Sr. Leadership

Sr. VP of Finance & Administration/Budget Office Week 8

Presidential Review

President Week 9

Final budget document is completed for presentation to the Finance Committee of Board of Trustees

Sr. VP of Finance & Administration/Budget Office Week 10

Prepare Budget Presentation for the Board of Trustees

Sr. VP of Finance & Administration/Budget Office Week 14

Load UT's budget into the Banner System

Planning, Budget & Analysis Week 16
Last Updated: 3/17/17