Appendix A: PROPOSED 2015-2016 Budget Development Process Key Dates – DATE ACTIVITY NOTES provides advice on budget meets on Friday June 13, 2014 June 2014 development principles and criteria for Senate meets on Monday June 23, 2014 submission to Senate (based on Strategic Plan, Academic Plan and Resources Plan) VP F&A presents preliminary At SSCUB Meeting financial forecast to SSCUB. This To and directors includes revenue and expense projections including ongoing commitments previously approved by the Board of Governors and Senate. Notice sent to Faculties and Service On June 24, 2014 Units requesting budget proposals for FY 15/16 and their vision budget proposals for FY16/17 and FY17/18 to the University Budget Office by October 3, 2014 VP F&A presents preliminary Campus Forums Week of September 21-26, 2014 – September financial forecast at 4 campus 2014 forums, to Faculty Councils, to the Presentations at regularly scheduled Faculty Council Administrative Managers Group Meetings and Administrative Managers meetings (Group of 50), KSA, BCGEU and KFA. Deadline for submission of budget Faculties and Service October 3 proposals 2014 TBD by Faculty Councils submit their Faculty’s Faculty Councils Individual Academic Priorities to SSCUB and to Faculties the Vice President Academic Budget Presentations Faculties and Service present their budget October 10, proposals to the President, Vice Presidents, 17 & 24, Executive Director Financial Services & SSCUB 2014 (presentations are open to the KPU community) Budget Proposals posted on Financial Services October 31 SharePoint 2014 Based on the budget presentations, SSCUB November SSCUB provides advice to the 14 2014 President on Senate’s priorities for budget development budget developed based on VP Finance & Administration, Provost, Executive November Strategic Plan, Academic Plan, Director Financial Services 2014 Resources Plan and Senate’s approved principles and criteria for 2015-2016 budget development
Appendix A: PROPOSED 2015-2016 Budget Development Process – Key Dates DATE ACTIVITY NOTES June 2014 provides advice on budget development principles and criteria for submission to Senate (based on Strategic Plan, Academic Plan and Resources Plan) VP F&A presents preliminary financial forecast to SSCUB. This includes revenue and expense projections including ongoing commitments previously approved by the Board of Governors and Senate. Notice sent to Faculties and Service Units requesting budget proposals for FY 15/16 and their vision budget proposals for FY16/17 and FY17/18 to the University Budget Office by October 3, 2014 meets on Friday June 13, 2014 Senate meets on Monday June 23, 2014 At SSCUB Meeting To and directors On June 24, 2014 September 2014 VP F&A presents preliminary financial forecast at 4 campus forums, to Faculty Councils, to the Administrative Managers Group (Group of 50), KSA, BCGEU and KFA. Campus Forums – Week of September 21-26, 2014 Presentations at regularly scheduled Faculty Council Meetings and Administrative Managers meetings October 3 2014 Deadline for submission of budget proposals Faculties and Service TBD by Individual Faculties Faculty Councils submit their Faculty’s Academic Priorities to SSCUB and to the Vice President Academic Faculty Councils October 10, 17 & 24, 2014 Budget Presentations Faculties and Service present their budget proposals to the President, Vice Presidents, Executive Director Financial Services & SSCUB (presentations are open to the KPU community) October 31 2014 November 14 2014 Budget Proposals posted on SharePoint Based on the budget presentations, SSCUB provides advice to the President on Senate’s priorities for budget development Financial Services SSCUB November 2014 budget developed based on Strategic Plan, Academic Plan, Resources Plan and Senate’s approved principles and criteria for 2015-2016 budget development VP Finance & Administration, Provost, Executive Director Financial Services