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Archive Input

Academic Year :

2018/2019

Division :

Vice President Finance & Operations

Strategic Priority :

SP 5 – Campus and Community Engagement

Goal # :

BO POA Goal 02 2018-19

Goal Name :

Budget Communication

Goal Statement :

By August 31, 2019, redesign the budget development process to keep 100% of the budget managers and Vice Presidents informed throughout the process as to the status of their budget requests.

Status :

Ongoing

November Progress Status (1-2 summary paragraphs – plain text only) :

February Progress Status (1-2 summary paragraphs – plain text only) :

Budget submissions are being summarized by VP unit. Initial requests will be distributed to the VP, along with instructions to reduce the requests to align with our projected revenue for fiscal year 2019-20. Currently, we are awaiting the finalization of the NYS budget which will determine our State Aid for the year.

June Progress Status (1-2 summary paragraphs – plain text only) :

Upon passing of the budget by the County legislature in late June, the fiscal year 2020 budget was promptly posted in Banner. In mid-July, the CFO/VP of Finance emailed each budget manager their approved budgets, along with guidance to exercise spending restraint due to the continuing decline in enrollments. This was an improvement over prior years in both the timing and the method. (In previous years, budget managers would receive a hard copy of their budget submission much later in the summer.)

Goal Completion Statement – If you have finished working on this goal summarize the impact that this goal had on the related Core Objective(s) :

Funding/Resources (Optional) :

none

Additional Comments/Notes (Optional) :

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