预算 Process Timeline

Frostburg State 大学 follows the process below to create and get approval for every annual budget. FSU is a public university and part of the 大学 System of Maryland hence needing budget approval from the State of Maryland 部门 such as the Department of 预算 Management and Department of Legislative Services as well as the 大学 System of Maryland.

7月

大学 System of Maryland negotiates state appropriation amounts and mandatory cost increases with the Department of 预算 Management

大学 System of Maryland forwards results to campuses

FSU begins to build the budget request process

9月

FSU submits the budget request (3-month process)

大学 System of Maryland staff reviews budget requests and forwards them to the Department of 预算 Management for their review and approval

10月

校园es submit proposed tuition & fees increases to the 大学 System of Maryland

12月

校园es make adjustments to budget requests as required by the Department of 预算 Management – adjustment process is typically completed around the 26th of 12月

1月

Revised budgets, now known as the “The Department of 预算 Management Governor’s 预算”, are submitted to the legislature for the Department of Legislative Services review

1月/February/March

The Department of Legislative Services reviews Governor’s 预算 and makes recommendations to the legislature for them to accept or reduce; each campus defends this budget before sub-committees from both the House and Senate

4月

The legislative session ends

Based on the legislative session, campuses begin internal distribution of budget now referred to as the “Working 预算”

Board of Regents approves room & 板率

可以

BOR approves tuition & 费用表

校园es continue to prepare and submit the Working 预算 after the 大学 Divisional Vice President's input and approval

6月

Governor signs budget bill

大学 budget finalized and loaded into the 工作日 Financial system

7月

Working 预算 is submitted to the Department of 预算 Management