ÐÔÓûÉç Budget Process Calendar with Milestones
ÐÔÓûÉç and state of Alaska fiscal years
Federal fiscal years
FY24: July 1, 2023 to June 30, 2024
FY24: October 1, 2023 to September 30, 2024
FY25: July 1, 2024 to June 30, 2025
FY25: October 1, 2024 to September 30, 2025
FY26: July 1, 2025 to June 30, 2026
FY26: October 1, 2025 to September 30, 2026
FY27: July 1, 2026 to June 30, 2027
FY27: October 1, 2026 to September 30, 2027
- FY25 begins
- UA System Office issues FY26 budget guidance to all universities
- ÐÔÓûÉç begins crafting FY26 budget request
- ÐÔÓûÉç submits initial FY26 state of Alaska budget request to UA System Office
- UA Federal Relations issues call for proposals for FY26 federal appropriations cycle
- Vice Chancellors approve distribution of FY24 unrestricted fund balance (UFB)
- Chancellor White distributes FY25 strategic investment funding
- BOR first review of FY26 state of Alaska budget request
- FY26 federal appropriations proposals are due to UA Federal Relations
- All universities refine/edit FY26 budget request based on BOR and UA System guidance
- Fall budget meetings: ÐÔÓûÉç VCAS and central budget team conducts budget meetings with all units to discuss FY24 financial outcomes, FY25 current state and FY26+ planning
- Fall budget meetings: ÐÔÓûÉç VCAS and central budget team conducts budget meetings with all units to discuss FY24 financial outcomes, FY25 current state and FY26+ planning
- BOR approves UA’s FY26 budget request and submits it to the state of Alaska
- BOR approves AY26 tuition rate changes for all universities (effective fall 2025)
- ÐÔÓûÉç Strategic Enrollment Planning committee begins accepting proposals
- Budget planning for FY27 begins: RFP for FY27 state of Alaska funding announced to Troth Yeddha’ and community campuses.
- FY26 legislative session begins in Juneau
- Deadline for FY27 state of Alaska budget proposals; ÐÔÓûÉç OMB compiles for dean and directors to select the top 2 proposals that will advance to the Planning & Budget Committee (PBC) for review and ranking
- ÐÔÓûÉç Planning & Budget Committee (PBC) discusses and ranks FY27 budget proposals
- ÐÔÓûÉç Planning & Budget Committee (PBC) discusses and ranks FY27 budget proposals
- UA System FY25 Spring Management Report meeting with UA CFO and all universities
- FY26 legislative session continues
- FY25 ends
- Governor finalizes FY26 state of Alaska budget
- FY26 begins