FY28 Budget Development Schedule (Draft)

last updated 8/3/2026

Date

Item

2/24-2/25/2027

Board of Regents Meeting/1st Reading of Tuition Rates

4/1/2027

IPlan Open for FY28 Budget Input – All Funds
Includes HR data through April 1st Payroll (loaded 3/30/2027)

4/21-4/22/2027

Board of Regents Meeting/2nd Reading of Tuition Rates

4/30/2027

FY27 Recurring Budget (ATR) Adjustments Due (no more adjustments for FY27)

5/11/2027

Spring BRB Meeting – Finalize FY28 CEA

5/14/2027

IPlan Updated with Final Org Level GEF Target Budgets

TBD

HR Salary Setting Application open for July 1 Salary Increases/MFK adjustments (last year open on 5/18/2026)

TBD

HR Salary Setting Application closed (last year closed on 5/29/2026)

6/10/2027 5 p.m.

FY28 Budgets Due – All Funds  

IPlan Closed for Update

Special Purpose Appropr Narratives Due to Budget Office 

Labor Adj Calculations Due (Facilities, Oakdale, ITS, UIHC)

6/11/2027 through 7/1/2027

Budget Office review & consolidation of the University All Funds budget; Org Units may be contacted for additional information

7/1/2027

Institutional Budget Submissions Due to Board Office (Final budgets and related forms)