What is the budget cycle?
The university’s fiscal year runs from July 1 to June 30 of the following year. Each September the university submits an annual budget request to the legislature. When the legislature convenes in January, the Governor makes his/her budgetary recommendations for the fiscal year beginning in July. Throughout the spring, the legislature debates various plans and funding needs. The legislative portion is typically completed in May. Of key interest to the university are the amounts included in the appropriations bill for the University of Kansas and the Kansas Board of Regents. During late spring the university prepares its recommended tuition rates for the upcoming academic year. These recommendations are taken to the Board of Regents for “first reading” in May and for final approval at the June board meeting. With the expectation that tuition rates will be approved as proposed, the Budget Office works with the appropriate offices within the university community to create a budget for the
