Budgeting

FY2018_2019-Budget-CalendarThe University’s fiscal year begins on July 1^st and ends on June 30^th. The annual budget for fiscal year controlled funds is prepared using Hyperion applications. The SALPLN (Salary Planning) application is used to enter and manage position, employee, and related compensation information. The compensation totals feed to the FINPLN (Financial Planning) application which is used to project an all funds budget of revenue and total expenditures. This planning occurs at the chartfield level within each college/school/divisions.

Hyperion training sessions and materials

New budget features for FY20

FY20 FIN Basic Guide

FY20 SAL Basic Guide

Transfer procedures:

Entering Budget Transfers

Budget Transfer Upload

FY20 assumptions

Name	Rate
General Revenue Allocation	Variable
Benefit rate on compensation Per Person Benefit Pay Based Benefit         FICA	$10,000 14.22% 7.65%
Institutional support rate	4.9430%
Endowment income	7.2%
Investment income	Flat (1%)

FY20 Budget Calendar

You can save a calendar attachment for any events occurring on or after today’s date by clicking on the link for each event.

• February 07, 2019

  Hyperion is open to budget

• March 23, 2019

  Spring break begins

• March 31, 2019

  Spring break ends

• May 03, 2019

  Round 2 budget ends – Campus workflow turned on

• May 06, 2019

  Campus budget office round 2 adjustments begin

• May 19, 2019

  Campus budget office round 2 adjustments end

• May 20, 2019

  System budget final edits completed

Hyperion events calendar

Previous budget assumptions and calendars

FY19 assumptions and calendar

FY18 assumptions and calendar

FY17 assumptions and calendar

Questions?