University of Nebraska Kearney

UNK
Random UNK images
Business and Finance

JavaScript DHTML Drop Down Menu By Milonic

Budget Process Flowchart

March
Department chairs prepare budget requests. Directors prepare budget request.

University Deans review department budget requests and place in order. Vice Chancellors review directors' budget requests.

April
VC for Academic Affairs reviews university budget requests and establishes instructional priorities. Vice Chancellors establish priority order for directors' budget requests.

Review for budget requests by Chancellor's Planning Council, Faculty Senate Executives Committee, and Chancellor's Administrative Council.

May
Chancellor submits to Board of Regents.

May-June
University President reviews requests and establishes system priorities for Board of Regents approval.

September
University approved budget requests submitted to DAS Budget Division and Legislature Fiscal Office.

January
Governor establishes budget bill.

February-March
Appropriations Committee conducts budget hearings.

April
Appropriations Committee establishes budget recommendations.

May
Budget Bill approved by Legislature.

June
Governor approves/vetoes budget bill.

June-July
University President submits campus budgets for Board of Regents approval.