Planning and Budgeting

Office of

Planning and Budgeting

OFFICE OF

Planning and Budgeting

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Budget Cycle

April
► Enrolment targets set

June-August
► Shared service unit budget and staffing plans prepared

September
► Tuition rates provisionally set
► Shared service unit budget and staffing plans submitted
► Faculty and School gross budgets set

October
► Shared service unit budget and staffing plans present to Provost's Advisory Committee on the Budget (PACB)
► Shared service unit budget set
► Faculty and School budget and staffing plans prepared

October-November
► Faculty and School preliminary net budgets set
► Faculty and School budget and staffing plans prepared

November
► Faculty and School budget and staffing plans submitted

December
► Faculty and School budget and staffing plans presented to PACB

January-February
► University Fund allocations determined
► Faculty and School final net budgets set

March
► Tuition fees approved by Capital Assets and Finance Committee (CAFC)
► Preliminary budget presented to and reviewed by CAFC

May
► Final budget presented to and approved by CAFC