Budget construction is the process that results in the operating and salary budgets for the departments, by the department designated accounts, for each fiscal year. During this process the departments construct and distribute their budgets at the beginning of each fiscal year to track the original base and one time allocation from the college to the departments.
During the month of May and June, the Business Officers will receive draft allocation letters for their areas and reports showing current staffing assumptions from Oracle for their unit. Business Officers will review these Oracle-based assumptions and provide the CVMBS Financial Coordinator
their detailed request for allocating operating budgets to specific accounts and indicate any accounts that should receive no salary budget. Keep in mind that for GENOP (22) and RECHARG (21) staffing must match the anticipated expenses from the FY13 projections completed in February 2012.
Please have your unit’s FY13 staffing input completed in Oracle no later than Friday, June 1, 2012.
Please do not hesitate to contact Theresa Todd
with any questions!