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Policy 503 - Budget Development

Policy 503 - Budget Development


The President or their designee shall submit the annual operating budget to the Board of Trustees for review and approval, in accordance with statute, the Office of Financial Management, and the State Board for Community and Technical Colleges.


Historic Information

  • Approved by the Executive Leadership Team: March 16, 2022
  • Campus Review: February 22-March 8, 2022
  • Reviewed by UMCC: February 15, 2022
  • Reviewed by Governance Council: February 2, 2022
  • Reviewed by the Executive Leadership Team: January 26, 2022
  • Reviewed by Executive Leadership Team: August 31, 2020 
  • Adopted: February 23, 2009
  • Campus Review: February 1-22, 2009
  • Reviewed by the Executive Leadership Team: November 2008
  • Replaces policy 702 approved: September 1989
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