Budget Process Policy

Responsible Unit: Finance | Executive lead: CFO 
Created: 11/2011 | Reviewed/Revised: 6/2015; 6/2016; 1/27/2023, 05/2024 | Effective: 06/2024 
Compliance: NWCCU 2.E.2, 2.E.3 
Approving Body: BOT | Classification: Institution-wide 

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Policy:  
PNWU will utilize a consistent budgeting process that aligns the strategic plan and initiatives with faculty, staff and student needs, while addressing overall financial sustainability. The Office of Finance is responsible for leading the budget process and collaborating with department leads, Chiefs, Deans, Provost and the President. Upon finalization, the proposed operating budget will be presented to the Board of Trustees (BOT) for approval during the BOT meeting in April. The approved budget will take effect on July 1^st. 

Definitions: 
N/A 
 
Procedure: 
Budget Process Procedure 

Related documents: 
Budget Authorizations 
Pre-Approval Cover Sheet 
Capital Equipment Request 
Internal Proposal 
Budget Change Form  

Policy Resources

• Policy Development and Approval Training
• Establishing and Creating University Policies and Procedures (Policy)
• Policy Development & Approval Procedure
• Policy Development & Approval Diagram
• Policy Justification Form
• Policy Template (password protected)
• Procedure Resources (password protected)
• PNWU Alumni Association Bylaws
• COM Bylaws
• PNWU Bylaws

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For assistance with policies and procedures contact:

Lori Fulton
lfulton@pnwu.edu