<p> FY15 Forecast & FY16 Budget Development Calendar</p><p>Early November:  Initial planning meeting with Joann Mckenna and Andrew Shepardson</p><p> o Discuss undergrad tuition, housing & meal plan rate increases, enrollment, housing, etc. </p><p> Initial planning meeting with Mike Page, Chip Wiggins and Dorothy Feldmann</p><p> o Discuss graduate tuition rate increase, cohort pricing, registration & enrollment trends, new initiatives (i.e. online learning & degree completion), and tying faculty needs into registration and enrollment projections</p><p>Late November/ Early December: Set aside Cabinet meetings to discuss budget planning process; and new members of Fin Ops (Tina Sawtelle & Andrew Coole, replacement for Tricia Wood) to do a round of introductory meetings</p><p>December 4 th : FY15 Forecast & FY16 Budget modules open for input by all admin departments and academic affairs</p><p>December 9th: Administration & Finance Committee Meeting – Preliminary discussion of FY16 tuition pricing and expected major budget drivers such as financial aid, salaries & wages, capital projects and strategic initiatives</p><p>January 8th: Executive Committee Meeting – approval for tuition, room & board increases</p><p>January 9 th : FY15 Forecast submission deadline for all administrative departments and academic affairs</p><p>January 14th: Long-range capital plan submitted to capital managers for update and review</p><p>January 30 th : FY16 Budget Requests due to Fin Ops for all administrative departments except academic affairs (due to faculty being on winter break)</p><p>February 6th: Administration & Finance Committee meeting – Review FY15 forecast & preliminary approval of the President’s Academic Innovation Fund & 10 year financial plan</p><p>February 6 th : FY16 Budget Requests due to Fin Ops for academic affairs</p><p>February: Individual meetings with Fin Ops and divisional VPs and key strategic groups to review and vet budget/forecast submissions</p><p>February TBD: Meeting to review and vet the consolidated FY16 capital plan. Attendees will include Fin Ops, Ken Cody, and key capital project managers (i.e. IT, Facilities, Academic Affairs, etc.)</p><p>First Week of March: One day budget retreat with cabinet to review FY16 budget submissions, 10 year plan, and finalize and approve the capital plan</p><p>Second Week of March: Half day budget retreat with cabinet to regroup and finalize the FY16 budget and long-range plan</p><p>March 31st: Administration & Finance Committee Meeting to approve FY16 budget</p><p>Early May: Tentative Administration & Finance Committee Meeting to review any revisions to the FY16 budget and the final FY15 forecast projections May 15th: Full board meeting to approve the FY16 budget and review the FY15 final forecast</p>