Skip to McMaster Navigation Skip to Site Navigation Skip to main content
McMaster logo

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 2022)

  • Receive 2023/24 budget allocation amount

5-Month Review (October 2023)

  • Receive true up for 2022/23 actuals
  • Adjust 2023/24 allocation based on information update from 2022/23 actuals

8-Month Review (December 2023)

  • Update 2023/24 allocation further using Nov. 1 enrolment data
  • 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