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Budget Development Process

Annual Budget

The College annual budget development process begins in January with a presentation to the college leadership team. Budget development process instructions, forms and the strategic plan are distributed. Each individual unit within the College collects funding needs with consideration for the College's Strategic Plan and their individual unit strategic plan. Budget funding requests are collected, summarized and then reviewed and prioritized by the College leadership team. Requests are then incorporated into the college budget based upon their ranking as budget constraints allow.

Operating Budget

The Budget Office generates Operating Budget Reports weekly and Payroll Reports bi-monthly and distributes these to all departments. Departments are responsible for reconciling each account, monitoring all expenses, and making necessary adjustments. The Budget Office oversees the budget and holds departments accountable for their budgets. Employees with budget responsibility have access to account information through the PeopleSoft Financials module. Training classes are held at the beginning of each year to update employees on procedures and processes