1. FY19 Budget Process Timeline & Training January 2018

2. Wharton Budget Process | Overview
March - April
April-June
Analyst Budget Review
School Level Analysis
Develop Budget Framework
Budget Schedules
Hyperion Entry & Review
Presentation of Budget to Dean & Request Approvals
January-March
Framework: based loosely on current year’s budget + new/changing initiatives/ Departmental priorities
Schedules: translate framework for consistency across Wharton by categories + documentation of budget components
Hyperion: input of budget and review versus schedules and departmental context via Hyperion Reports
Review: of mechanical and contextual aspects of departmental budgets
Analysis: at School level to verify accuracy of budget, understand changes to upcoming budget versus current year forecast
Present: budget summary and additional request to Dean
Additional Analytics: as needed based on presentation
Budget Approvals: communicated for those departments with Funding requests
Trustee Approval: of overall budget

3. FY19 Budget | Key Dates Wharton Budget due to Central
Schedules distributed to Departmental Pillar drives
Jan 16 – Feb 8
ALL BUDGETS DUE to Strategic Planning Mar 8
Budget Meetings (some Depts)
Mar 15 – Apr 3
Budget Review (w/Dean Garrett)
Apr 23
Wharton Budget due to Central
May 1
Wharton’s Final FY18 Forecast due to Central Apr 16 No formal P2 category projections  but your Analyst may reach out with questions
Academic Depts. FY18 Projections: update of
Non-standing Faculty & PhD due Feb 16

4. FY19 Budget | Training Options
“New” BAs (1st or 2nd budget cycle) -- meeting invite sent for group session
Experienced BAs -- as needed, schedule a one-on-one with your analyst
All Departments -- Tuesday, February 13th (1:30PM-3:30PM) or Thursday, February 15th (10AM-12PM)
All Departments -- one-on-one sessions as requested
Potential Topics for Discussion:
Budget Schedules (review/update your department’s schedules together)
Checking/Setting your preferences in Hyperion
Budget Entry (walk through a specific schedule and input together)
Reporting (to assist with meetings with your chairs, directors, or staff)
Budget Review using Hyperion Reports and Excel Schedules
Budget
Schedules
Hyperion: Entry & Reports
One-on-One Sessions

5. Strategic Planning Group | We are here to help!
Contact your analyst with any questions during the budget prep period (now through March 8th)
Sarah Grady
Todd Pustilnick
Jim Quinn
Lisa Dresner

6. FY19 Budget | Analyst Assignments

7. FY19 Budget | Analyst Assignments