- Early January
Departments submit approved (updated) BCPs and final Supplementary Schedules (Operating Expenses and Equipment, Equipment, Federal Funds and Reimbursements) to the Department of Finance (DOF). - January 10
Governor (and DOF) submits Governor’s Budget and Budget Bill to the Legislature by this date. - Soon after the Release of the Governor’s Budget
Legislative Analyst Office (LAO) releases the Analysis of the Budget Bill and Perspectives and Issues. - After the Release of the LAO Analysis of the Budget Bill
DOF prepares responses (rebuttals) to LAO’s Analysis, if necessary. - January to May
DOF initiates the Unanticipated Costs Bill based on most updated unanticipated costs drill.
- February 1
DOF provides to the Legislature all proposed statutory changes (Budget Trailer Bills), as prepared by the Legislative Counsel, that are necessary to implement the Governor’s Budget. - Mid-February
Departments submit Spring Finance Letter requests to the Department of Finance (DOF). - February to Mid-May
Legislative budget subcommittee staff hold budget pre-hearings with LAO, DOF and departments. - Late February to Early March
DOF releases Salaries and Wages Supplement (Sch. 7A). - Late February to Mid-March
DOF budget staff discuss Finance Letter requests and meet with departments. - February to Mid-May
Legislative budget subcommittee staff hold budget pre-hearings with LAO, DOF and departments. - February to Late-May
Legislative Budget Subcommittees hold budget hearings.
- March
DOF Program Budget Managers and Director of Finance hold Finance Letter Hearings with departments, as needed.
- April 1
DOF submits non-May Revision and non-Capital Outlay Finance Letters (April 1 Finance Letters) to the Legislature.DOF budget staff analyze May Revision requests and meet with departments. DOF Program Budget Managers, Director of Finance and Governor, hold May Revision hearings/meetings with departments, as needed.
- April to Mid-Month
DOF issues technical budget instructions for the fiscal year following the upcoming one.
- May 1
DOF submits Capital Outlay (May 1) Finance Letters to the Legislature. - May 14
DOF issues May Revision update of General Fund revenues and expenditures, including Finance Letters. - Mid-May to Late
Unanticipated Costs Bill update to the Legislature. - Late May
Budget Subcommittees report to Full Budget Committees; Budget Bills sent to the Floors.
- Early June to Mid
Budget Conference Committee meets; Budget Bills sent to Floors. - June 15
Constitutional deadline for Legislature to pass Budget Bill. - Mid-June to Late
DOF updates Unanticipated Costs Bill; Fiscal Committees hear and Legislature passes Unanticipated Costs Bill; Governor signs Unanticipated Costs Bill. Assuming the Budget is passed on time, Governor decides Budget Bill vetoes. - Late June
Assuming the Budget is enacted on time, Budget Act and Budget Trailer Bills are printed.
- July 1
State’s fiscal year begins. - July, Mid
DOF issues budget policy letter. - July, Mid to Late
SCO issues Schedule 8 Tabulation, supplemental tabulations for Schedule 8 and Schedule 7A, Abolished Vacant Position Report and the Blanket Position Expenditure Report to departments. - July, End of
Departments submit to the State Controller’s Office (SCO) and State Treasurer’s Office (STO) year-end financial statements for the General Fund, feeder funds and a few other funds. - July to Mid-August
Assuming the Budget is enacted on time, LAO issues the Supplemental Report (Language) for the Budget Act.
- August
Current Service Level is rolled over and available to departments. - Early August
DOF transmits Sch. 7A spreadsheet to departments. - 3rd Week August
Departments submit year-end financial statements for all other funds (those not due by the end of July). - August, Late
Departments submit incremental past year information to DOF. - August, Late, to Early September
Departments submit Budget Bill Section 3.60 worksheets to DOF. - August to Mid-September
DOF issues annual price letter and the Department of General Services issues the Price Book - August to September
DOF releases Final Budget Summary and Final Change Book.
- September to Early October
Departments submit current year, budget year, and out-year information to DOF. - September to Late October
Departments submit completed 7As and Sch. 8s to DOF. - September, Early to Mid
Departments submit Budget Change Proposals (BCP), including Budget Bill Language changes, to DOF. - September, Mid-October
DOF budget staff hold budget discussions and meetings with departments.
- October
DOF Program Budget Managers hold budget hearings with departments, as needed. - October, Mid
DOF issues assessments for General Administrative Charges (Pro Rata) to Special Fund departments, and the Statewide Cost Allocation Plan (SWCAP) to departments with federal funds. - Late October to Early November
Departments submit Enrollment, Caseload and Population (ECP) data.
- November, Early to Mid
Director of Finance holds budget decision meetings/appeals with departments, Agency and Governor’s Office staff, as needed. - November, Early to 3rd Week
Departments start flowing updated BCPs and supporting documents, and updated budget information that have decisions and no open issues.
- Early December
DOF briefs Governor on updated General Fund revenues and expenditures, and preliminary status of budget for current and budget years. - December, Early to Mid
Governor holds budget meetings and makes decisions. - December, Mid to 3rd Week
Departments submit updated BCPs and supporting documents, and updated budget information to reflect Governor’s decisions. - December, Late to Early January
DOF finalizes Governor’s Budget, Governor’s Budget Summary, and Budget Bill.