State Budget Cycle Learning Outcomes from this Presentation  Know the three major dates in the process  Understand the differences among the budgets.

Slides:

Advertisements

Similar presentations

Timing of Apportionments and Overview of the Exhibits Jim Austin April, 2014.

Advertisements

Central Valley Flood Protection Board Meeting – Agenda Item No. 5C Central Valley Flood Protection Board.

Phase 2Phase 3Phase 4 Phase 5Phase 6 Phase 1 May – Aug 2007 Sept – Dec 2007 Jan – Apr 2008 May – Aug 2008 Sept – Dec 2008 Jan – Apr 2009 MUS Biennial Planning.

NOTE: To change the image on this slide, select the picture and delete it. Then click the Pictures icon in the placeholder to insert your own image. SAN.

Budget Study Session San Bernardino Community College District May 30, 2013.

State Center Community College District Budget Update Regular Board of Trustees Meeting December 7,

UW-Platteville Budget Open Forum January Timeline for Budget Decisions Overview of Financial Projections Process to come up with the options Review.

Florida Atlantic University Overview of Operating Budget Process Presentation to the Florida Atlantic University Foundation, Inc. Board of Directors February.

Chubaka Producciones Presenta :.

Overview of H.4967 As Passed by S.C. General Assembly 2012.

REVIEW SESSION ONE When does the Fiscal Year begin each year? What are the five parts of a budget? There are four funds. Name them and provide a brief.

2012 JANUARY Sun Mon Tue Wed Thu Fri Sat

1 February 14, 2008 Budget Update State Budget (Slides 2 – 8) and CSU Budget (Slides 9 – 15) CSUS Budget (Slides 16 – 22) California State.

P Pathophysiology Calendar. SundayMondayTuesdayWednesdayThursdayFridaySaturday January 2012.

MONDAYTUESDAYWEDNESDAYTHURSDAYFRIDAYSAT/SUN Note: You can print this template to use as a wall calendar. You can also copy the slide for any month to add.

State Budget Update May Revise May 27, The Budget How the State landed in this position What is the shortfall Governor's Budget Plan Community College.

2007 Monthly Calendar You can print this template to use it as a wall calendar, or you can copy the page for any month to add it to your own presentation.

Week 3: Budget Processes: Federal and California

State of Florida Legislative Process Government and Labor Relations Department Jason Joseph, Director Joe Minor Karyn Cunningham.

Ramona Unified School District First Interim Report December 17, 2009.

LEGISLATIVE ADVOCACY IN MASSACHUSETTS An Overview of How a Bill Becomes a Law Debbie Silva, Legislative Director Massachusetts Law Reform Institute.

Board of Trustees Presentation Budget Update March 2, 2009 Andy Dunn, Vice Chancellor, Business Services Bernata Slater, Director, Budget Operations.

San Marino Unified School District Second Interim Financial Report and Long Range Financial Projections March 11, 2008.

San Joaquin Delta College Community College District Governor’s Budget Raquel Puentes-Griffith, Controller January 22, 2013.

Davenport University Strategic Planning, Goal Development and Budget Process December 15, 2009.

Budget Update February 27, 2012 Kevin McElroy, Vice Chancellor, Business Services Bernata Slater, Budget Director.

Coast Community College District Meeting of the District Budget Advisory Committee December 2, 2010.

Cambrian School District Second Interim Report March 9, 2010 Presented by: Julie Swanson Chief Financial Officer.

Legislative Policy Committee ISAC Board approved concept at their meeting in December.

WORD JUMBLE. Months of the year Word in jumbled form e r r f b u y a Word in jumbled form e r r f b u y a february Click for the answer Next Question.

Week 3: Budget Processes: Federal and California Review first memo assignment Federal Budget Process –Class group exercise California Budget Process –Key.

1 Presentation to the CSU Board of Trustees Committee on Finance 2004/05 Budget Issues November 19, 2003.

The State Budget: Where Are We Now? Presented by Robert Miyashiro Vice President School Services of California, Inc.

DATE POWER 2 INCOME JANUARY 100member X 25.00P2, FEBRUARY 200member X 25.00P5, MARCH 400member X 25.00P10, APRIL 800member.

LOCKPORT CITY SCHOOL DISTRICT Budget Development Process for An Overview of the New Property Tax Cap Presented by Michelle T. Bradley Superintendent.

Coping with the Fiscal Crisis December 10, Overview Budget Picture Legislative Analyst’s Office (LAO) Impact on Community Colleges Budget Reduction.

San Joaquin Delta College Community College District May Revise - Governor’s Budget Raquel Puentes-Griffith, Controller Board of Trustees Meeting.

Budget Workshop August 17, Agenda State Budget Peralta’s Tentative Budget.

2011 Calendar Important Dates/Events/Homework. SunSatFriThursWedTuesMon January

SunSatFriThursWedTuesMon January

Josephine County Overview of Budget Process – Part 1 Presented at Weekly Business Session April 1, 2015.

Community College Budget and Finance Mark Zacovic, Ph.D. Superintendent/President Mt. San Jacinto Community College District Summary by Jodi Corliss.

FY16/17 Governor’s Budget Estimated Revenues Community Mental Health Revenue Overview January 18, 2016.

Lampeter-Strasburg School District Finance Committee Meeting – February 28, Budget Discussions 1.

Budgets 101. What are budgets? Authorization to spend Approved by Board of Trustees Estimate of expenditures Salaries & benefits estimated Other expenses.

July 2007 SundayMondayTuesdayWednesdayThursdayFridaySaturday

Oxnard College Campus Budget Forum Presented by: Richard Duran, President John al-Amin, VP Business Services Scott Corbett, President Academic Senate April.

State and County Budgets Dependencies and Consequences Peggy Jensen San Mateo County CSDA 2008 Annual Conference.

Marilyn’s Month-to-Month Guide for Navigating the General Assembly

FY 2018 Budget Review Process and Schedule

How does OHCA’s budget become

College of Alameda Integrated Planning and Budgeting Process

ORANGE UNIFIED SCHOOL DISTRICT

WASHINGTON COMMUNITY HIGH SCHOOL BUDGET PRESENTATION

Understanding the General State Aid Process: The Players & Phases

Legislation, Local Senates, and the ASCCC

Planning Process Strategic Plan Operational Priorities

2017/18 Payment Calendar Due Date Cut-off Day 1st of every month

Legislative Update John Stanskas, ASCCC President

Legislation, Local Senates, and the ASCCC

Mechanicsburg Area School District

McDonald’s calendar 2007.

Budgeting with dafvm.

Timeline Overview Planned Timescales

DATES DESCRIPTION September 27, 2018

McDonald’s calendar 2007.

Legislation, Advocacy, and ASCCC

Budget and Legislative Request

2015 January February March April May June July August September

Presentation transcript:

State Budget Cycle

Learning Outcomes from this Presentation  Know the three major dates in the process  Understand the differences among the budgets presented at the three phases  Be aware of the multi-year nature of each of the three major events

“Normal” State Budget Cycle - Overview  January – Governor proposes budget  May – Governor issues revised budget based upon “The May Revise”  After May the real action starts  Due to two factors, there is actually a signed budget by June 30 th – a major change

Why is There an On-Time Budget?  A simple majority is required to pass a budget (until recently it took 2/3 vote)  Both house have Democratic party majorities  Legislators do not get paid until there is a signed budget, and there are not retroactive payments The next slide illustrates the traditional budget cycle

January March May June Late June-July July-August Governor's Final Actions Assembly AdoptionSenate Adoption LAO Report mid-February May Revise mid-May Assembly Committee on Education Sub-Committee on Finance Senate Committee on Education Sub-Committee on Budget & Finance State Budget Cycle Joint Committee - Legislative Budget Assembly AdoptionSenate Adoption Governor Proposes

State Budget Cycle  The bad old days  budget approved in September  Two weeks later billions out of balance  budget adjusted and budget approved on February 20, 2009  One month later both billions out of balance  The new world  Both 12/13 and 13/14 budgets passed on time without a single Republican vote

Typical District Budget Timeline  The Next Slide Illustrates the Budget Cycle for a Typical California Community College District  We will discuss the budget cycle within a community college district in a future presentation

Budget Calendar January Board of Trustees Budget Assumptions Budget Allocation Committee (Ongoing through the year) District Budget Allocation Business & Fiscal Services MountainBeachDO Business & Fiscal Services Board of Trustees Tentative Budget Proposed Budget Board of Trustees Adopted Budget Board of Trustees Ongoing transfers Mountain BeachDO February March 15 (Sends to) April 10 (Return to) June 25 July 10 August 1 September 10 September to June

THE END