UAF Budget Process Calendar with Milestones

                    UAF and state of É«ÊÓƵÏÂÔØ 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
  • UAF begins crafting FY26 budget request
  • UAF submits initial FY26 state of É«ÊÓƵÏÂÔØ 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 É«ÊÓƵÏÂÔØ 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: UAF 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: UAF VCAS and central budget team conducts budget meetings with all units to discuss FY24 financial outcomes, FY25 current state and FY26+ planning
  • BOR approves UAÉ«ÊÓƵÏÂÔØ™s FY26 budget request and submits it to the state of É«ÊÓƵÏÂÔØ
  • BOR approves AY26 tuition rate changes for all universities (effective fall 2025)
  • UAF Strategic Enrollment Planning committee begins accepting proposals
  • Budget planning for FY27 begins: RFP for FY27 state of É«ÊÓƵÏÂÔØ funding announced to Troth YeddhaÉ«ÊÓƵÏÂÔØ™ and community campuses.
Governor releases approved FY26 state of É«ÊÓƵÏÂÔØ budget
  • FY26 legislative session begins in Juneau
  • Deadline for FY27 state of É«ÊÓƵÏÂÔØ budget proposals; UAF 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
  • Governor releases amended FY26 state of É«ÊÓƵÏÂÔØ budget
  • UAF Planning & Budget Committee (PBC) discusses and ranks FY27 budget proposals
  • UAF 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 É«ÊÓƵÏÂÔØ budget
  • FY26 begins