Budget Services

The Planning and Budget Council develops the annual budget for recommendation to the President based on input received from all departments of the University. The Council monitors the Budget Plan throughout the year via regular meetings to ensure the continued effective and efficient use of resources.

Valdosta State University Budget Process

The budget is the beginning and the end of the accounting process. It should prompt planning and enable evaluation. There are two distinct segments to the accounting process, one being the budget or intended expenditures and the second being the actual expenditures. The budget is a communication tool for making plans or needs known and evaluating progress toward stated goals. The purpose of fund accounting is to identify the sources of funds and assure specific, and sometimes restricted, uses for funds.

The university's fiscal year begins July 1st and ends June 30th. The budget process starts in the Fall when the university system submits its budget to the Legislative Budget Office. Revenue estimates and fee proposals are due for the Board's consideration in December. The Board of Regents holds budget hearings with institutions in January or February. In April, the Board of Regents allocates state tax and lottery funds based the needs and missions of each institution, as presented at the hearings. Final budget proposals are usually due in May. Once the original budget is approved, the amendment process begins.

Budget Data

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