2025

October 2

The JMU Office of Budgement Management (OBM) issues request for information to develop central funding issues to include auxiliary non-fee revenues, internal rent, utilities, facilities management rates, telecom rates and card services rates. 

OBM issues instructions for education & general (E&G) and auxiliary costs-to-continue requests, initiative requests, auxiliary reserve requests and efficiencies survey.

November 5

Specific units submit requested information concerning central funding issues.  All units submit cost-to-continue and updated reporting authority to the OBM.

November 13 - 14

Board of Visitors meeting.

December 17

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

2026

January 9

E&G and Auxiliary initiative requests, reserve requests, auxiliary nonfee revenues and efficiencies survey due to OBM.

January 14

General Assembly session convenes.

January 16

Final day to enter permanent budget revisions.

January 23

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

February 2 - 6

Opportunity for divisional budget discussions and presentations.

February 12 - 13

Board of Visitors meeting.

February 18

Departmental budget materials including reallocations, Federal Work Study, and salary verifications due to OBM.

March 5 - 6

OBM provides preliminary tuition and fee data to JMU President & Sr. VP Admin & Finance in preparation of April 23-24, 2026, Board of Visitors meeting.

March 9 -13

Individual meetings with JMU Vice Presidents.  Final JMU Senior Leadership Team expenditure recommendations provided to OBM. 

March 14

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

March 16

OBM provides tuition and fee data to JMU executive management (i.e. Senior Leadership Team) in preparation of April 23-24, 2026, Board of Visitors meeting. 

March 30

Public comment for tuition and fees.

April 1 - 3

OBM completes both the operating and personnel budgets for FY 2027 as approved by JMU Senior Leadership Team.

April 6

OBM provides final tuition and fee data as recommended by JMU executive management (i.e. President, Sr. VP Admin & Finance) for Board of Visitors meeting on April 23-24, 2026.

Mid-April

Governor signs Appropriation Act.

April 23 - 24

Board of Visitors meet to approve FY 2027 Tuition & Fees and University Budget.

End of May (beginning of June)

FY 2027 Beginning Budget uploaded to the financial accounting system.  Distribution of FY 2027 operating and personnel budgets to university divisions.

Click here to download the FY27 Budget Development Schedule of Events