TU Budget Process Timeline

The internal resource planning and allocation process occurs annually, enabling the university to develop the operating plan and budget while gathering critical data for the University System of Maryland and state budget cycles. 

calendar Month & Year FISCAL YEAR fy internal operating budget
September 2025

 

 

 

 

 

 

 

 

 

 

 

2026

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fall headcount and full-time equivalency year-over-year to president and president's cabinet
October 2025

FY26 operating budget and plan book published
November 2025

FY27 internal budget instructions, including fee instructions, sent to Divisional Budget Officers (DBOs)
November 2025

FY27 housing fee presented to Student Government Association (SGA)
December 2025

Following fiscal year financial aid budget provided to Financial Aid
University Budget Committee (UBC) and Resource Planning and Advisory Committee (RPAC) meetings to discuss FY27 strategic direction
December  2025

Internal FY27 budget submission due to University Budget Office (UBO)
FY27 budget review with VPs and CFO
January 2026

President's Cabinet (PC) reviews division's FY27 submissions (including fee proposals)
 Late January 2026

Pre-meeting with student leadership prior to fee forum
February 2026

FY27 fee forum presentation to SGA
PC approves preliminary FY27 budget
March 2026


RPAC reviews preliminary FY27 budget
Late March 2026

FY27 phase two internal budget instructions sent to DBOs 
Late April 2026

Internal FY27 budget submission due to UBO
June 2026

FY27 internal budgets loaded 
July 2026

 

 

 

2027

 

Beginning of fiscal year
August 2026  
September 2026  
October 2026

FY27 Operating Budget and Plan book published
November 2026  
December 2026

UBC and RPAC meetings to discuss FY28 strategic direction