Budget

Budget Calendar

FY 2014 Budget Development Calendar

January 2013                          

  • Budget Offices prepares preliminary FY 2014 base budget expense projections pending enrollment updates and Governor’s announcement of WPU State appropriation in Budget Message.
  • Budget Office conducts training and information sessions providing an overview of budget reports, website information and online budget request submission/approval process with specific focus that new requests be strategic in nature, linked to one or more of the 5 strategic goals and within budget provided. January 22-31, 2013
  • Board of Trustees (Finance, Audit and Institutional Development) Committee Meeting.
  • Board of Trustees Meeting.

February 2013                        

  • Web application and budget request materials (reports/forms) made available via Budget Office Website and communicated via email to VPs and in Announcements. Budget discussions take place within divisions and departments. FEBRUARY 4, 2013
  • Information session with Chairs, Senate Budget and Planning Council and Vice President Finance & Administration.  February 6, 2013
  • Governor presents his recommended State Budget for FY 2014 commencing July 1, 2013.

March 2013                            

  • Deadline for VP direct reports to submit FY 2014 department budget requests for VP approval online for their respective areas. MARCH 1, 2013                                                                       
  • IT and Budget Office prepare budget requests summaries and they are emailed to VPs to assist them with their review and approval process.
  • VPs review FY 2014 department budget requests.
  • Deadline for VPs to submit their approvals online. MARCH 27, 2013

March/April 2013                   

  • IT and Budget Office prepare FY 2014 budget requests summaries and email them to VPs to assist them with their budget presentations to Cabinet.

April 2013                              

  • HOLD for Town Hall Meeting held to discuss FY 2014 preliminary budget.
  • Board of Trustees (Finance, Audit and Institutional Development) Committee Meeting to recommend for Board approval, fall ’13 tuition & fees, room & board rates.
  • Annual tuition hearing is held inviting the campus community to discuss with Board members tuition & fees, room & board rate increases for fall ’13 and the FY 2014 preliminary budget.
  • Activity & Budget Presentations made by VPs (and academic deans/ AVPs) to Cabinet. Presentations will be structured to demonstrate management of resources and identify initiatives tied to strategic goals.
  • Budget decisions are finalized.

May 2013                               

  • Board of Trustees Meeting to approve fall ’13 tuition & fees, room & board rates.
  • IT and Budget Office update divisional and All Funds Budget reports to reflect final approvals and any other changes (e.g. enrollment, labor contracts, etc.).

June 2013

  • Legislature approves the FY 2014 State Budget and University’s share of the appropriations.
  • President approves the University’s FY 2014 Budget.
  • Board of Trustees (Finance, Audit and Institutional Development) Committee Meeting to recommend for Board approval the FY 2014 Budget.
  • Board of Trustees Meeting to approve the FY 2014 Budget.
  • Budget Office posts FY 2014 divisional and All Funds Budget reports on Budget Office website.
  • Budget Office uploads data to Banner Finance.

Aug/Sept 2013                        

  • FY 2014 Budget Book is finalized and posted to Budget Office website.

October 2013                       

  • Town Hall Meeting held to present FY 2014 revised budget based on fall ’13 actuals.
  • University receives instructions from the State for submission of the FY 2015 budget commencing July 1, 2014.

November 2013                      

  • Board of Trustees approves the transmittal of the FY 2015 State Budget Request.