January-February
University President, Vice Presidents, campus leaders, and departments review budget prospects. Preliminary budget plans developed.

March
Preliminary budget plans reviewed and refined by University Vice Presidents, campus leaders, and departments.

Early to Mid March University Regents review budget planning schedules and timetable.

Late March
President and Vice Presidents meet to discuss funding outlook and budget scenarios. Initial general guidelines outlined.

Early April
Final general guidelines and operating budget worksheets distributed to the Vice Presidents, Deans, and Directors with base budget allocations. Three weeks for Vice Presidents to complete worksheets.

Late April
Worksheets due from Vice Presidents, Deans, and Directors. Budget Office reconciles budget worksheets, prepares analyses and summaries.

May
University Regents advised of funding outlook.

Last Friday in May
Legislature adjourns, final allocation to higher education is appropriated.

Early June
Budget allocation provided by State Regents to institutions. President approves final revenue and expenditure changes.

Mid June
Operating budget summaries, salary recommendations, and capital budget mailed to University Regents for review at the June Regents meeting. Fiscal year operating budget, with salary recommendations, and capital budget presented for approval. Budget Office prepares separate and more detailed budget format of the University's budgets that are due to the State Regents' Office with the operating budget detail book.

Late June
If the Regents approve a salary increase program, salary guidelines and worksheets will be distributed to the Vice Presidents, Deans, and Directors in the month in which the increases will be approved.