Budget Calendar
Fiscal Year 2021
July 2020
* Amended FY 2021 & FY 2022 Budget Development
* FY 2022 budget development templates due July 20th (M&O) and July 28th (Health)
* FY 2022 budget development templates due July 20th (M&O) and July 28th (Health)
August 2020
* FY 2020 Annual Expenditure Report (AER) due from institutions August 27th
* FY 2021 MRR Allocations approved by Board of Regents at August meeting
* FY 2021 MRR Allocations approved by Board of Regents at August meeting
October 2020
* FY 2021 First Quarter budget amendment due October 9th
* FY 2021 First Quarter Financial Reports due on October 16th
* Presidential Certification of Quarterly Reports due October 26th
* FY 2021 First Quarter Financial Reports due on October 16th
* Presidential Certification of Quarterly Reports due October 26th
November 2020
* FY 2022 Budget Hearings begin for select institutions
* FY 2022 Budget Hearing narratives and data, including initial Enrollment/Revenue Projections, due November 18th
* FY 2022 Budget Hearing narratives and data, including initial Enrollment/Revenue Projections, due November 18th
December 2020
* FY 2022 Budget Hearings for select institutions
January 2021
* FY 2022 Budget Hearings for select institutions
* Governor releases Amended FY 2021 & FY 2022 Budget Reports; Chancellor presents recommendations to Joint Appropriations Committee
* General Assembly conducts hearings and review of Amended FY 2021 & FY 2022 budget recommendations
* FY 2021 Second Quarter budget amendment due on January 8th
* FY 2021 Second Quarter Financial Reports due on January 15th
* Presidential Certification of Quarterly Reports due January 22nd
* FY 2022 Graduate tuition requests due TBD
* Governor releases Amended FY 2021 & FY 2022 Budget Reports; Chancellor presents recommendations to Joint Appropriations Committee
* General Assembly conducts hearings and review of Amended FY 2021 & FY 2022 budget recommendations
* FY 2021 Second Quarter budget amendment due on January 8th
* FY 2021 Second Quarter Financial Reports due on January 15th
* Presidential Certification of Quarterly Reports due January 22nd
* FY 2022 Graduate tuition requests due TBD
February 2021
* FY 2022 Budget Hearings for select institutions
* General Assembly continues review and hearings on Amended FY 2021 & FY 2022 budgets
* FY 2022 Mandatory Fees, Five-Year Auxiliary Business Plans, and Elective Fees and Special Charges due February 1st
* General Assembly continues review and hearings on Amended FY 2021 & FY 2022 budgets
* FY 2022 Mandatory Fees, Five-Year Auxiliary Business Plans, and Elective Fees and Special Charges due February 1st
March 2021
* FY 2022 Budget Hearings for select institutions
March & April 2021
* General Assembly passes FY 2022 Budget (late March - early April)
April 2021
* Chancellor's FY 2022 institution budget allocation recommendations are finalized
* FY 2021 Third Quarter budget amendment due on April 9th
* FY 2021 Third Quarter Financial Reports due on April 16th
* Presidential Certification of Quarterly Reports due April 23rd
* FY 2022 Allocation, Tuition, and Fee recommendations presented to the Board of Regents for approval. Delivered to institutions after approval.
* Begin developing budget strategy for FY 2023
* FY 2021 Third Quarter budget amendment due on April 9th
* FY 2021 Third Quarter Financial Reports due on April 16th
* Presidential Certification of Quarterly Reports due April 23rd
* FY 2022 Allocation, Tuition, and Fee recommendations presented to the Board of Regents for approval. Delivered to institutions after approval.
* Begin developing budget strategy for FY 2023
May 2021
* FY 2022 Original Budget due May 3rd
* Budget Office reviews FY 2022 Original Budget submissions
* FY 2022 Original Budget presented to Board of Regents for approval at the May meeting
* Initial FY 2022 Annual Operating Budget submitted to OPB by USG Budget Office by June 1st
* Budget Office reviews FY 2022 Original Budget submissions
* FY 2022 Original Budget presented to Board of Regents for approval at the May meeting
* Initial FY 2022 Annual Operating Budget submitted to OPB by USG Budget Office by June 1st
June & July 2021
* Information request for New Square Footage, Health Insurance and New Retirees projections for FY 2023 budget development sent to institutions (due from institutions in July 2021)
* Final budget amendments for FY 2021 due from institutions July 7 (subject to change based on OPB/SAO year-end calendar.
* Final budget amendments for FY 2021 due from institutions July 7 (subject to change based on OPB/SAO year-end calendar.