UAF Budget Process Calendar with Milestones
UAF and state of Alaska fiscal years
Federal fiscal years
FY25: July 1, 2024 to June 30, 2025
FY25: October 1, 2024 to September 30, 2025
FY26: July 1, 2025 to June 30, 2026
FY26: October 1, 2025 to September 30, 2026
FY27: July 1, 2026 to June 30, 2027
FY27: October 1, 2026 to September 30, 2027
FY28: July 1, 2027 to June 30, 2028
FY28: October 1, 2027 to September 30, 2028
- FY26 begins
- UA System Office issues FY27 budget guidance to all universities
- UAF begins crafting FY27 budget request
- UAF submits initial FY27 state of Alaska budget request to UA System Office
- UA Federal Relations issues call for proposals for FY27 federal appropriations cycle
- Vice Chancellors approve distribution of FY25 unrestricted fund balance (UFB)
- Chancellor White distributes FY26 strategic investment funding
- BOR first review of FY27 state of Alaska budget request
- FY27 federal appropriations proposals are due to UA Federal Relations
- All universities refine/edit FY27 budget request based on BOR and UA System guidance
- Fall budget meetings: UAF VCAS and central budget team conducts budget meetings with all units to discuss FY25 financial outcomes, FY26 current state and FY27+ planning
- Fall budget meetings: UAF VCAS and central budget team conducts budget meetings with all units to discuss FY25 financial outcomes, FY26 current state and FY27+ planning
- BOR approves UA’s FY27 budget request and submits it to the state of Alaska
- BOR approves AY27 tuition rate changes for all universities (effective fall 2026)
- UAF Strategic Enrollment Planning committee begins accepting proposals
- Budget planning for FY28 begins: RFP for FY28 state of Alaska funding announced to Troth Yeddha’ and community campuses.
- FY27 legislative session begins in Juneau
- Deadline for FY28 state of Alaska budget proposals; UAF OMB compiles for dean and directors to select the top 2 proposals that will advance to the Planning & Budget Committee (PBC) for review and ranking
- UAF Planning & Budget Committee (PBC) discusses and ranks FY28 budget proposals
- UAF Planning & Budget Committee (PBC) discusses and ranks FY28 budget proposals
- UA System FY25 Spring Management Report meeting with UA CFO and all universities
- FY27 legislative session continues
- FY26 ends
- Governor finalizes FY27 state of Alaska budget
- FY27 begins