Budget Cycle Dates
Note: All dates are subject to change.
For FY 2008-2009 Budget Planning
| DATE | DESCRIPTION |
|---|---|
| January 24 - 26 | Board of Trustees meet to approve planning assumptions. |
| January 23 | Initial Budget load. |
| January 31 | Budget training registration opens. |
| February 11 - 19 | Budget training sessions. |
| February 7 | Bi-weekly cutoff date for personnel transactions for SIP eligibility (hire date before March 1). |
| February 8 | Long term pool estimated income loaded into CPBS |
| February 11 | CPBS open to all users. (Departmental user access may vary by organization.) |
| February 11 | Planning assumptions distributed. |
| February 15-22 | Allocation sheets distributed. |
| February 15 | Semi-monthly cutoff date for personnel transactions for SIP eligibility (hire date before March 1). |
| February 25 - 29 | Staff market pay analyses delivered to organizations. (From Compensation Services, OHR) |
| February 22 | Capital Plan data submission due from units. |
| March 3 | SIP eligibility set in CPBS. |
| March 17 (close at midnight Monday) | CPBS financial and workforce planning modules closed to Departmental Level Users (date may vary by organization). |
| March 20 | SIP module open to all users. |
| March 24 (close at midnight Monday) | CPBS financial and workforce planning modules closed to Org Level Users. |
| March 28 | Trustee budget narrative and financial report due to Budget Office. |
| March 28 | Deadline to request option to load SIP awards by batch process. |
| March 26 -April 2 | SIP training sessions. |
| April 27 - May 1 | Submit SIP batch loads to Budget Office. |
| April 28 (close at midnight Monday) | SIP closed to departmental level users (date may vary by organization). |
| May 2 (close at midnight Monday) | SIP module closed to all users. |
| May 5 - May 6 (close at midnight Friday) | On request to Budget Office, SIP corrections to existing records only. |
| May 22 - 30 (close at midnight Thursday) | On request to Budget Office. financial planning module of CPBS open to Org level users. |
| May 23 - 24 | Board of Trustees meet to approve budget. |
| June 12 (tentative) | *Individual workforce planning records updated to include SIP awards. |
| June 12 -June 17 (6:00 P.M.) | Financial and workforce planning modules reopened for final labor distribution adjustments and balancing of accounts. |
| June 11 (tentative) | SIP awards loaded to PeopleSoft HR, awards are effective July 1. |
| June 18 | Cutoff date to submit personnel changes for bi-weekly employees to HR Records for first check in FY 2008. |
| June 17 (tentative) | Labor distribution changes loaded to PeopleSoft. |
| June 23- July 7 (close at midnight Monday) | **Financial and workforce planning modules of CPBS reopened for final adjustments and rebalancing of accounts. |
| June 22 | Cutoff date to submit personnel changes for semi-monthly employees to HR Records for first check in FY 2008. |
| June 26 (tentative) | UAW SIP awards loaded into PeopleSoft. |
| July 1 | SIP awards effective. New Fiscal Year begins. |
*When workforce planning records are updated to include SIP awards,
budgeted SIP pools are removed and accounts are systematically rebalanced.
** This becomes the budget and budgeted salary commitments that are loaded into the general ledger and PeopleSoft HR/Payroll system respectively.
For More Information Contact:
Rose Wright
rfw1@cornell.edu