51福利

Date

Task

Early fall

Forecasting training provided by Budget Office.

Early October

Forecasting workflow initiated.

Mid October

Forecasting workflow closed.

Late October

Forecast and Q2 meetings with departments and faculties.

Late fall

Budget training provided by Budget Office.

Early December

Budget workflow initiated - departments to update their preliminary budget and review their personnel schedule in Prophix.

Mid December

Deadline for Deans to provide list of faculty hires to Provost Office.

Mid January

Provost Office sends list of faculty hires to Director of Budgets.

Late January

Departments complete preliminary budgets in Prophix.

Early February

Provost, VP Finance, and Director of Budgets review submitted budgets, and any questions are sent to the departments as required.

Mid February

Provost, VP Finance, and Director of Budgets meet with Deans/department heads to discuss submitted preliminary budgets. Director of Budgets to update budgets with any changes.

Early spring

Updated preliminary budget presented to Senate Budget Committee.

Early spring

Provost, VP Finance, and Director of Budgets consult with Deans/department heads if further changes are required to their budget dependent on the MB Provincial Funding letter and enrolment data. Director of Budgets to update budgets with changes as required.

Mid-March and April

President and VPs review adjusted budget.

Mid-March and April

Director of Budgets enters any last changes.

Late spring

Completed budget presented to the Board.

Late spring

Approved budget present to Senate Budget Committee.

Late spring

Board-approved budget is distributed to departments.