Budget Reallocations and Reductions FY18/19 Process Calendar - Round 2

Overview

Developed in November, 1992 and revised and reaffirmed in March 2011, the Procedures to Be Invoked for Significant Budget Reallocations and Reductions document serves as a guide to university stakeholders when significant budget reallocations or reductions to the university’s budget are required. The process for FY18/19 is two-fold – one round of budget reductions totaling $3,414,207 that was initiated on September 6, 2017 and finalized on February 16, 2018 – and a second round of budget reductions totaling $2,900,000 that was initiated on April 11, 2018 and is expected to be completed by July 1, 2018. A summary of the first round for FY18/19 is located here. The process for the second round of budget reductions for FY18/19 includes three phases and will follow this timeline:

Calendar of Dates, Actions, and Responsibilities for FY18/19 Process

Dates are estimated and subject to change based on proposal development, APC deliberations, and/or scheduling conflicts.

DateActionStatusResponsibility
Phase 1
April 11, 2018 Declaration of Procedures to Be Invoked for Significant Budget Reallocations and Reductions Complete Chancellor
April 11, 2018 APC provided proposed general framework, timing and budget framework Complete Chancellor
April 11, 2018 Consideration of general framework, timeline, and budget framework Complete APC
Budget reallocation and reduction proposal development by VCs, Deans and Directors Complete Vice Chancellor
April 11, 2018 Recommendation of general framework, timeline and budget framework Complete APC
April 12, 2018 Public release of framework elements Complete Chancellor
Phase 2
Budget proposals presented to the Chancellor Complete Vice Chancellor
  Review and discussion of specific budget proposals. Decision of items to elevate to APC/campus Complete Chancellor
April 18, 2018 Budget proposals forwarded to APC Complete Chancellor
April 18, 2018 Joint meeting of APC, Faculty Senate Executive Committee, and UAAD, UNOPA representatives Complete APC
April 19, 2018 Budget proposals made public Complete Chancellor
Phase 3
Late April / Early May 2018 APC open hearings and deliberations Complete APC
Early May 2018 APC discussion with Chancellor about recommendations APC
May 2018 Chancellor deliberations and decisions Chancellor
June 1, 2018 Public announcement of accepted recommendations by Chancellor Chancellor
July 1, 2018 Budget proposals operationalized in UNL budget VCBF