FAQs
- What is a budget?
- A budget is a financial plan that supports achievement of College goals based on the institutional strategic plan.
- How is a department's budget determined?
- A department's budget is based on its on-going financial requirements, special project needs, and College priorities established in the strategic plan
- What is the yearly schedule for a department's budget?
- The personnel budget for both full-time and part-time personnel coincides with the state's pay cycles; thus, due to the lag in payroll processing, the end of the payroll fiscal year will generally occur prior to June 30. For expenditures other than personnel services, the fiscal year runs July 1 through June 30.
- What is the process for a budget adjustment?
- The process is different depending on whether the adjustment is for personnel or non-personnel expenditures. The Budget Adjustment Request Form located on the College's intranet details the procedures for each type of budget adjustment.
- How can I view the budget for my unit?
- Unit budgets are posted on the College's intranet.
- How do I identify fiscal years?
- The fiscal year is the year associated with the June 30 date. For example, fiscal year 2008 is associated with June 30, 2008.
- Who approves budget expenditures?
- Deans, managers, directors, and executive management are authorized to approve expenditures.
