Budget process timetable
Budget Process Timetable
| Date | Activities | Responsibility |
|---|---|---|
| PLANNING AND ANALYSIS |
||
| September | BAC commences discussion of upcoming fiscal year's budget | BAC |
October/ November/ December
|
Multi Year Integrated Plan Meetings |
Deans/Senior Leaders/President's Office |
BAC discussions continue including early feedback from community, briefings from Integrated Plan meetings, and survey. |
BAC/Deans/Unit Leaders/Student Groups |
|
| Review all input and develop draft budget report & recommendations |
BAC |
|
| RECOMMENDATIONS, CONSULTATION AND INPUT | ||
| January |
Budget Office sends preliminary unit budget detail (does not yet include BAC recommendations) to Faculties and units to begin preparation for upcoming year's budget. | Dean's/Unit Leaders
|
Release Draft Operating Budget plan for the upcoming fiscal year including:
|
||
| January / February |
University holds budget, tuition and fee information sessions with students and the Dal community | BAC/Students/Dal community |
| University releases survey to generate feedback from the Dal community (students, faculty, staff) |
BAC/Students/Dal community | |
| February | BAC considers input received from campus community | BAC |
| Faculty and Unit budget allocations determined and communicated to Deans and Unit Leaders |
Budget Office | |
| APPROVAL | ||
| March | Issue Final Report / Operating Budget Plan for upcoming fiscal year Report presented to the Board Finance, Audit, Investment and Risk (FAIR) Committee Recommended Operating Budget for upcoming fiscal year presented by via the FAIR Committee to the Board of Governors |
BAC
|
| April/May | Detailed budgets submitted by Faculties and Units | Deans / Senior Leaders / Budget Officers
|