Welcome to the budget web page for the Division of Business and Financial Affairs. This page contains information about the planning and development of the Division's budget for the upcoming fiscal year, including information about budget meetings, development timeline, and other resources you can use to learn more about our planning.
Division Budget Planning Process
Note that, while campus budget planning normally takes place throughout the entire academic year, due to the extraordinary circumstances brought on by the COVID-19 pandemic, budget planning for Fiscal Year 2021-22 is taking place in Spring 2021.
FY2021-22 Planning Overview
In FY2020-21, the State of California and CSU System faced historic budget challenges as a result of the COVID-19 pandemic. The CSU System's overall budget was cut by $299 million, with CSUCI taking on $5.1 million of that cut. Most of the budget cut at CSUCI was addressed through centrally managed budget reductions, with about $1 million in budget reductions being shared by the divisions. The Division of Business and Financial Affairs assumed responsibility for half ($500,000) of the divisional budget reductions.
The Governor's proposed budget for FY2021-22 was released on January 8, 2021, and reflects a better outlook for the coming fiscal year. However, while the picture is better than many expected for next year, there remains uncertainty due to the viruses and the longer term outlook for the state shows a deficit by FY2022-23. Within this context, President Yao is urging a continued disciplined approach to strategic resource planning that allows for continued progress towards meeting our Graduation Initiative 2025 (GI 2025) goals, University Strategic Initiatives, and facilitating an interdisciplinary, multicultural, international, and community-engaged education.
The Division of Business and Financial Affairs will be planning according to the timeline below to submit a division-wide budget request packet for FY2021-22 to the Budget & Planning Office by April 16, 2021. Unit leads will be responsible for communicating with their units regarding budget needs. Once the division's budget request is compiled and submitted to Budget & Planning, the request will be reviewed by that office and presented to Cabinet and the Strategic Resource Planning Committee, with the goal of presenting final budget recommendations to the President by May 19, 2021.
Meetings & Timeline
- February 25, 2021: University Budget Instructions issued
- March 2, 2021: BFA Budget Instructions issued to AVPs
- March 9, 2021: Vice President and AVPs discuss budget instructions, timeline, and process for developing divisional budget request
- March 10-25, 2021: AVPs and unit management discuss budget needs with units and develop budget submissions
- March 26, 2021: Unit budget submissions due to the Vice President's Office
- April 6 & 13, 2021: Consolidated review of budget submissions by Vice President and AVPs
- April 16, 2021: BFA FY21/22 Budget Packet submitted to Budget & Planning
- April 16, 2021:Campus Budget Forum
- April 29, 2021: Cabinet budget discussion
- April 30 - May 7, 2021:SRPC convenes to provide input on budget submission; VPs finalize plans and present to SRPC
- May 14, 2021:Campus Budget Forum
- May 19, 2021: Final FY2021-22 budget recommendations made to President; Governor issues budget revise
- June 15, 2021: State Legislature passes annual Budget Act
- July: President approves FY2021-22 final budget