BUDGET PREPARATION AND ENACTMENT TIMELINE - 6806
(Revised and Renumbered from 6814.)
The following illustration is intended to help departments plan their capital outlay budget submissions. To meet statutory budget time frames, departments must submit requests for major and minor capital outlay projects in late July/early August. Finance will publish a Budget Letter each year with more detailed instructions and due dates. Late requests will be accepted only with Finance approval. Departments within agencies must have agency concurrence for their proposals, prior to submittal. Submission dates indicated are when documents are due to Finance.
References to the Department of General Services in the following table also apply to any department which is authorized to act as its own project manager. Due dates on the chart below are approximate; actual dates are set by the Budget Letter.
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July/August |
Per the annual Budget Letter instructions from Finance, the last date to submit five-year capitalized assets plans and major/minor capital outlay budget change proposals (COBCPs) for each new or continuing project to Finance. |
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September-October |
Capital outlay meetings with departments and Finance to discuss COBCPs (if necessary). |
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January 10 |
Governor's Budget and Budget Bill presented to the Legislature. Five-Year Infrastructure Plan released. |
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February |
Departments submit requests to Finance for technical and policy amendments to capital outlay projects proposed in the Governor's Budget per annual Budget Letter instructions from Finance. A new or updated COBCP is required. |
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March–June 15 |
Legislative budget hearings held. |
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April 1 |
By statute, any capital outlay Finance Letter of a policy nature (i.e., proposing a scope change) must be submitted to the Legislature by this date. Technical changes may also be submitted as part of the April 1 letter, at the discretion of Finance. |
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May 1 |
By statute, any capital outlay Finance Letter proposing a technical adjustment to a capital outlay project must be submitted to the Legislature by this date. However, Finance’s practice is to include all technical adjustments in April 1 finance letters. Therefore, departments must submit technical adjustments on the April 1 timeline. |
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June 15–June 30 |
Budget Bill signed by Governor. |