Annual Budget Process Timeline
October - November 2025 – Budget Templates Distributed
- Circulate standardized templates and guidance to all Colleges, Schools and Administrative Divisions
- Will include actuals for FY 24 and 25, Budget FY 26 and assumptions on benefits rates and mandatory cost increases to project FY 27
February 2026 – Budget Meetings
- 2/5 Budget Templates Due
- Budget Committee meets with Deans, Vice Chancellors and unit leads to review submissions
- Identify structural deficits, opportunities for reallocations and resource alignment with UCR’s strategic plan
March - April 2026– Budget Integration & Draft Consolidation
- FP&A office consolidates submission into preliminary all-funds budget
- Cross walk to appropriate fund categories and GAAP (Generally Accepted Accounting Principles)
- Evaluate stress test scenarios for enrollment, salaries & benefits, other institutional costs and priorities
April to June 2026– Budget Finalization and Approval
- Budget Committee reviews consolidated draft
- Final adjustments and prioritization
- Campus Budget Framework issued after May revise
- Present to CFC
July 2026 – Budget Implementation
- Distribute preliminary FY 2027 budget letters to Org units