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Office of the Provost & Vice-President (Academic)

Academic Excellence

Budget Timelines & Cycles

Information Box Group

An Activity unit’s allocation for a given year is updated four times through the budget cycle.

Receive (December 2023)

  • Receive 2024/25 budget allocation amount

5-Month Review (October 2024)

  • Receive true up for 2023/24 actuals
  • Adjust 2024/25 allocation based on information update from 2023/24 actuals

8-Month Review (December 2024)

  • Update 2024/25 allocation further using Nov. 1 enrolment data
  • Receive 2025/26 budget allocation amount

5-Month Review (October 2025)

  • Receive true up for 2024/25 actuals
  • Adjust 2025/26 allocation based on information update from 2024/25 actuals