Budget Calendar

July                     

• Budget (Summary Forms I – VIII) on APSU website for new fiscal year.

September          

• Appropriations Request to THEC for next fiscal year
• Current year revenue projections reviewed for changes needed after fall enrollment is known
• Schedule of Sources/Uses of new funds provided to the Senior Leadership Team* for review – additions/deletions based on information received from them since the last budget cycle.

October               

• Revised budget chart submitted electronically to TBR

November         

• THEC funding formula recommendations

December           

• APSU revised budget approved at APSU Board of Trustees meeting and TBR meeting
• Requests for additions/changes to fees distributed to campus (not tuition)

January               

• Revised budget (summary Forms I – VIII) on APSU website
• Incidental fee requests submitted to the budget office. Reviewed by the Senior Leadership Team* for those to be a part of APSU’s submission to APSU Board of Trustees. 

February – April   

• Revenue projections updated based on estimated fee increases/current student enrollment
• Schedule of Sources/Uses of new funds provided to the Senior Leadership Team for review – additions/deletions - based on information received from them since the last budget cycle.  Senior Leadership Team* establishes funding priorities
• VPFA convenes a meeting with the Budget Advisory Committee to review sources/uses of funds for the upcoming year

March                   

• Incidental fees approved at APSU Board of Trustees meeting

May                     

• Estimated/Proposed budget submitted electronically to TBR
• THEC sets binding tuition rates

June                    

• APSU estimated/proposed budget approved at APSU Board of Trustees meeting and TBR meeting

*Senior Leadership Team members:   

• President
• Provost and Senior Vice President for Academic Affairs 
• Vice President for Finance and Administration
• Vice President for Student Affairs
• Vice President for Legal Affairs and Organizational Strategy
• Vice President for Alumni, Engagement and Philanthropy & Executive Director of APSU Foundation
• Vice President and Athletic Director
• Chief of Staff
• Vice President for Military & Veterans Affairs
• Chief of Institutional Culture and Title IX Coordinator
• Chief of Strategic Communication