INFORMATION

In the fall of each year, the Office of Budget Management requests information to develop central funding issues.  These requests include auxiliary nonfee revenues, internal rent, utilities, facilities management rates, telecom rates and card services rates. 

In addition, OBM requests that university divisions review their reporting authority and return surveys of efficiencies.

SCHEDULE OF EVENTS

Date

Event

October 5, 2021

Issue request for information to develop central funding issues to include auxiliary nonfee revenues, internal rent, utilities, facilities management rates, telecom rates and card services rates.  Issue request for university divisions to review reporting authority.  Issue instructions for auxiliary reserve requests and efficiencies survey.

November 5, 2021

Specific units submit requested information concerning central funding issues.  All units submit cost-to-continue and updated reporting authority to Office of Budget Management.

November 18-19, 2021 

Board of Visitors meeting.

December 16, 2021

University receives results of Governor’s budget and summaries submitted to the President and Sr. Vice President of Administration & Finance.

January 7, 2022

Reserve requests and efficiencies survey due to Office of Budget Management.

January 12, 2022

General Assembly session convenes.

January 26, 2022

Distribution of budget development materials to university divisions to include guidelines for reallocations, verification of permanent budget revisions, Federal Work Study and verification of full-time salary costs.

February 7-11, 2022

Opportunity for divisional budget discussions and presentations.

February 17-18, 2022

Board of Visitors meeting.

February 18, 2022

Departmental reallocations, Federal Work Study, and salary verifications due to Office of Budget Management.

March 12, 2022

General Assembly session ends - University receives the results of the House Appropriation, Senate Finance, and Conference committees.

March 14, 2022 (TBD)

Budget office provides tuition and fee data to JMU President & Sr. VP Admin & Finance in preparation of April 21-22, 2022, Board of Visitors meeting.

March 15-16, 2022 (TBD)

Individual meetings with JMU Vice Presidents as needed.  Final JMU Senior Leadership Team expenditure recommendations provided to the Office of Budget Management. 

March 17, 2022 (TBD)

Budget office provides tuition and fee data to JMU executive management (i.e. Senior Leadership Team) in preparation of April 21-22, 2022, Board of Visitors meeting. 

March 21, 2022

Budget office completes both the operating and personnel budgets for FY 2023 as approved by JMU Senior Leadership Team.

March 28, 2022

Budget office provides tuition and fee data as recommended by JMU executive management (i.e. President, Sr. VP Admin & Finance) for Board of Visitors meeting on April 21-22, 2022.

April 21-22, 2022

Board of Visitors meeting.

Mid-April 2022

Governor normally signs Appropriation Act.

June 1, 2022

FY 2023 beginning budget uploaded to financial accounting system.

Week of June 20, 2022

Distribution of FY 2023 operating and personnel budgets to university divisions.

RESOURCES

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