The University's annual appropriation request to
the Commonwealth is presented to the Board of Trustees for approval in
September. The request is forwarded to the Pennsylvania Department of
Education, which then recommends funding changes for all of higher education to
the Governor's Budget Office
(see
Appropriation Request Board Report - Sept).
In early February, the Governor's Executive Budget
recommendations are released for the next fiscal year. This proposed budget
includes recommended funding levels for all state-supported line item
appropriations, including Penn State.
In late February or early March,
the President of the University appears before the House and Senate
Appropriation Committees to review Penn State's request and the recommendations
included in the Governor's budget (see
Legislative Budget Presentation - Feb).
The process concludes when the General Assembly
passes Penn State's appropriation bill and the Governor signs it. In most
years, this is accomplished by June 30.
In July, the University presents
its proposed new budget, including the final appropriation amount and
anticipated tuition rates, to the Penn State Board of Trustees for approval. (see
Operating Budget Report - July).