Timeline

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

December/20

Receive

  • Receive 2021/22 Budget Allocation amount

October/21

 5 Month Review

  • Receive true up for 20/21 Actuals
  • Adjust 21/22 Allocation based on information update from 2020/21 Actuals

December/21

 8 Month Review

  • Update 21/22 allocation further using Nov 1 enrolment data
  • Receive 2022/23 Budget allocation amount

October/22

 5 Month Review

  • Receive true up for 21/22 Actuals
  • Adjust 22/23 Allocation based on information update from 2021/22 Actuals