Budget Planning Calendar Planning is ongoing Mission Vision

Budget & Planning Calendar

Planning is on-going Mission, Vision & Values Resource Allocation Unit Planning Strategic Plan and Core Themes Objectives and Strategic Indicators

Planning Process Institutional Planning Unit Planning Resource Allocation Review of strategic plan & indicators Monitoring reports Set unit priorities Develop annual unit plans Internal Budgeting and State Funding College Council, DIG, Executive Cabinet, Board of Trustees Deans, Directors, Faculty and Staffs VP Admin & Finance, Executive Cabinet, RTC Foundation

Planning & budgeting Timeline JANUARY FEBRUARY MARCH q Unit plan mid-year updates q Budget development begins q Review of departmental budgets q Annual strategic plan approved and shared with campus q Strategic plan monitoring report (Feb-Mar) q Annual unit plan development begins q Unit plan development concludes APRIL MAY JUNE q Review of department budgets complete and presented to Cabinet q Final budget prepared and reviewed by Cabinet q Budget uploaded into FMS q World Café (Interactive) forums to discuss strategic indicators data q Budget presented to Board of Trustees q World Café (Interactive) forums to discuss strategic indicators data

Planning & budgeting Timeline JULY AUGUST SEPTEMBER q Year-end unit plan updates q Call for governance council membership q Strategic plan monitoring report (Sept-Oct) q Council year-end reports due q Governance council rosters finalized and posted online (Sept-Oct) q Councils begin monthly meeting schedules OCTOBER NOVEMBER DECEMBER q Strategic plan monitoring report (Sept-Oct) q Annual strategic plan development q Draft annual strategic plan presented to Cabinet q Governance council rosters finalized and posted online (Sept. Oct) q Prior year strategic plan successes and challenges discussions

Assessment process Institutional Level Assessment Department Level Assessment Program and Course Level Assessment IR, DIG, College Council, Cabinet VPs, Directors, Deans VPI, Deans, Faculty, IR → Assess validity and reliability of performance indicators → Set annual priorities → Complete annual dept. plans → Monitor indicators via dashboard → Measure unit plan activities → Provide monitoring reports to Board of Trustees twice annually → Provide mid and end-year updates → Conduct Comprehensive Review on 3 -year cycle