Budgeting Calendar
External Operating Budget - Calendar
July |
Program Priority Requests submitted to the IBHE |
September |
Historical reports submitted to the IBHE |
October |
Operating Budget Requests submitted to the IBHE |
December |
Review IBHE Discussion Budget |
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Review IBHE Budget Recommendations to the Governor |
|
State Legislative Questions |
February |
Draft Appropriation Bill submitted to the Appropriation Committees’ staff members |
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Review Governor’s Budget Recommendation |
March/April |
Senate and House Appropriation Hearings in Springfield |
May/June |
General Assembly enacts and Governor approves the Appropriation Bill |
Internal Operating Budget - Calendar
The following schedule represents a typical year. The Budget Office sends out emails notifying persons when the reports are available and the due dates.
July |
Compile, approve and load departmental budgets for the new fiscal year |
September |
Seek BOT approval of the current fiscal year’s internal operating budget |
October |
1st Quarter budget review with Vice Presidents |
November |
4 month budget reviews for Fund 02 |
December |
5 month budget reviews for Fund 55 |
January |
6 month budget reviews for Fund 41 |
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Semi-Annual (2nd Quarter) budget review with Vice Presidents and President |
February |
7 month budget reviews for Funds 29 and 04 |
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Schedule annual budget meeting with department business managers |
March |
8 month budget reviews for Funds 02 and 55 |
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Budget development documents are due to the Budget Office |
April |
9 month budget reviews for Funds 04 and 41 |
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3rd Quarter budget reviews with Vice Presidents |
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Budget development hearings with Vice Presidents |
May |
10 month budget reviews for Funds 02 and 29 |
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Seek BOT approval for next FY’s preliminary budget authority |
June |
Seek BOT approval for next FY’s budget authority |
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Budget transfers for current FY must be submitted before month end. |
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Seek BOT approval for next FY’s operating budget guidelines |