UHD / Administration and Finance / Budget Office / Timelines: Budget Planning, Development, and Load

Timelines: Budget Planning, Development, and Load

Timelines: Budget Planning, Development, and Load

The UHD budget planning and development timeline is based on whether it is a year state legislators will meet.

Whether it is a legislative year or not, the University Budget Advisory Committee’s (UBAC) first meeting of the budget planning and development cycle for the next fiscal year budget typically convenes in November. Subsequent meetings are arranged, lasting through February or April.

In legislative years (old calendar years), UBAC meetings last through April, while the legislature’s regular session concludes in May.

The University of Houston System Board of Regents considers budgets for the upcoming fiscal year in August.

In non-legislative years (even calendar years), UBAC meetings last through February.

The University of Houston System Board of Regents considers budgets for the upcoming fiscal year in May.

Even Fiscal Year Budget Development Cycle

First fiscal year of the biennium

Example: FY2008 budget cycle, first fiscal year of FY2008-FY2009 biennium

November

First UBAC meeting

January

Units submit initiative budget requests to division level

April

Last UBAC meeting

UBAC sends recommendations to the President

May

Budget development data entry in Hyperion starts for upcoming fiscal year

June

Budget Office balances UHD’s budget in Hyperion

July

Budget Office submits UHD’s budget plan and tables to UHS

Budget Office sends upcoming fiscal year budget reports to divisions

Budget Office loads budgets from Hyperion into PeopleSoft Finance

HR loads job data from Hyperion into PeopleSoft HRIS

August

UHS Board of Regents consider budgets for fiscal year starting 9/1

Odd Fiscal Year Budget Development Cycle

Second fiscal year of the biennium

Example: FY2009 budget cycle, second fiscal year of FY2008-FY2009 biennium