NCAA Fiscal Year 2006-07 and Fiscal Year 2007-08

Biennial Budget Process Timeline

August 2005:

· Association-wide governance and championship liaisons meet with Administrative Services to discuss biennial budget process.

August 2005 – January 2006:

· Staff liaisons meet with divisional and Association-wide committees to discuss proposed budget requests for the next two budget years (FY 2006-07 and FY 2007-2008).

August - October 2005:

· Executive Committee Finance Committee reviews projected revenue and expense budgets for fiscal year 2006-07 and fiscal year 2007-08 and recommends tentative allocations to support divisional and Association-wide initiatives.

August - October 2005:

· Executive Committee approves recommended allocations from Executive Committee Finance Committee.

January 2006:

· Preliminary budget requests submitted to administrative services staff by January 27, 2006, from NCAA president, Association-wide committees, Division I committees and cabinets, and Division II and III committees and NCAA staff. NCAA finance staff will summarize funding requests.

· Summary of biennial funding requests submitted to the NCAA president, and senior vice-presidents for review and recommendations.

February - March 2006:

· Budget hearings held by NCAA president with 1) senior vice-presidents for national office requests, and 2) governance staff, senior vice-president for championships/ educational services and selected senior management for Association-wide committees and championships requests.

March - April 2006:

· Divisional budget committees review divisional revenue distributions, divisional budget requests and Association-wide budget requests and recommend items for funding.

· The NCAA president’s and Association-wide budget recommendations transmitted to the Executive Committee Finance Committee.

· Executive Committee Finance Committee meets to establish two-year budget recommendations.

April 2006:

· Management Councils receives the Executive Committee Finance Committee recommendations for Association-wide budget requests and divisional budget committees’ recommendations for divisional budget requests.

· Divisional presidential bodies consider its respective Management Council input and approve divisional budgets.

· Executive Committee approves FY 20042006-05 07 and FY 20052007-06 08 Association-wide and divisional budgets.

· Actions of Executive Committee, Board of Directors and Presidential Councils communicated to the membership.

August 2006:

· Executive Committee receives finalized FY 2006-07 budget.