Budget Development

With LWIT implementing the Strategic Plan and one of the directions under Financial Success being to have open and transparent budget and financial information, the College, through the Finance & Budget Committee, has developed a budget process for this purpose. This allows for the assessment and review of funding needs of the College through a managed and defined process. With this in mind, it is necessary to ensure that the budget request and input process is a bottom up process which allows divisions/departments to identify and prioritize their needs for their departments and programs. A review of the process is provided below, as are the budget planning instructions and forms. In addition, information on the current year budget (2011-12), the proposed budget for 2012-2013, and current year financial reports are also provided.

Budget Development Resources

Several budgetary resources are available to assist in the development of your budget.

2012-2013 Fiscal Year Resources

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Budget Review Documents