The budget development page was created to aid CU Boulder departments in creating their annual budgets. If you are a CU Boulder entity and would like consultation when creating your budgets, please contact us using our online form.
General Fund approval timeline
The FY23 General Fund continuing budget change cutoff for the campus will be April 14, 2023. Please take note of the following regarding the cutoff:
- After the cutoff, General Fund continuing budget may only be moved within the same General Budget Account code and Campus Division until June 12, 2023.
- Please notify Budget and Fiscal Planning (BFP) if you plan to enter a continuing budget change after April 14, 2023.
- Budget journals in the temporary ledger will be approved until the June close date.
- Continuing and temporary budget journals may be entered in the FY24 budget ledgers.
- No FY23 general fund continuing BJEs will be approved after June 12.
To contact BFP, email bfp@colorado.edu or use our convenient online form.
Planning parameters
CU Boulder's planning parameters by fiscal year (PDF)
Auxiliary fund budget development
Auxiliary budget information and instructions (PDF)
Cash carryforward management
Compensation Budget Management
- Salary and benefit budgets should be aligned with estimated actual salary and benefit expenses for the fiscal year.
- General Fund salary and benefits budget amounts should align with each other according to current year fringe benefits rates. Visit this webpage for more information on fringe benefits rates.
- When converting non-salary budget to salary budget, the corresponding benefits budget must be converted as well.
- General Fund salary and benefits budgets should be reviewed and adjusted as needed prior to the FYE General Fund continuing BJE cutoff in mid-April, so that necessary increases and decreases can be allocated. Each year in July, BFP manages increases and decreases to continuing benefits budget amounts due to year-on-year changes in fringe benefits rates.
Rate additive budget development and insurance allocation timeline
Each fiscal year, BFP works with rate additive units to develop budgets for the following year, and allocates premiums for General Liability and Property Insurance to campus units. Here is the annual timeline:
- In November, BFP begins collecting relevant data from University Risk Management, the Office of Data Analytics, and other key stakeholders regarding CU Boulder insurance allocations for the following fiscal year
- In January, budget request templates for the following fiscal year are sent to rate additive units, to be submitted to BFP in February
- In March, campus units will be notified of General Liability and Property Insurance premium allocations for the following fiscal year
- Annual insurance payments for the new fiscal year will be posted by BFP in July; monthly allocations will be dated the first of each calendar month
Inflation