What is the Beginning Budget Development process?
This process determines the internal allocation of the College’s resources for expenditure for the new fiscal year that begins July 1. The Beginning Budget Development schedule and guidelines are published on the Budget Processes and Forms page. The process generally begins in April with distribution of Budget Worksheets to department heads in which pertinent financial data relating to their department’s prior to current year status is summarized. The Worksheets and related forms are completed by department heads/budget managers to request funding. Budget hearings are held – usually in June – to discuss the income projections and expenditure requests in the context of the current operations and goals of the department. These meetings are between the Chief Financial Officer and the budget manager and also include the Senior Accountant—Budget and Planning Analyst and the budget manager’s supervisor or division manager; the Chancellor and Dean, the Academic Dean and/or a faculty represent
