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<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>Business Officers,<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>The State Regents <b><i><u><span style='font-weight:bold;
font-style:italic'>will</span></u></i></b> have a specially called meeting next
Friday, June 23, 2006, to approve the allocations for FY07. This special
meeting will allow you to determine your tuition rates and complete the FY07
budgets before the end of the current fiscal year. Budget Allocation
packets will be ready for pick up at 3:00 pm on June 23. As is the usual
process, someone should be designated to sign for your packets, please
coordinate with your Presidents as this has caused some confusion in the past.<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>We are asking that you provide to this office by close of
business (5:00 pm) Tuesday, June 27, 2006, a minimum of three budget
schedules: Schedule F, Schedule G, and the Background Schedules on Salary
of Schedule 1 and Schedule 1-A. These forms are attached for your
reference.<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>You may choose to complete the full budget and submit the
full seven hole-punched copies if you have your work completed by that date (June
27.)<font color=navy><span style='color:navy'><o:p></o:p></span></font></span></font></p>
<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>The complete Summary and Analysis won’t be compiled
and presented to the State Regents until the September meeting. If your
agency chooses to submit the minimum number of budget forms requested for June
27, then completed full budget forms will be due by August 1, 2006.<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>You are being asked to submit the electronic version of the
budget in the CORE System by no later than June 29, 2006. This <font
color=navy><span style='color:navy'>will</span></font> allow this office to
submit to OSF immediately upon approval by the State Regents to the Office of
State Finance.<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>The tuition request forms will also be due by close of
business June 27, 2006. <font color=navy><span style='color:navy'>Presidents
will not be required to make tuition presentations to the Regents.</span></font><o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>Revised Budget Timeline for FY07<font color=navy><span
style='color:navy'>:</span></font><o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>June 23, 2006 State Regents meet to
allocate FY07 Funds<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>June 23, 2006 Budget Packets available
after 3:00 pm<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>June 27, 2006 Tuition Request Forms due by
close of business<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>June 27, 2006 Budget Schedules due by
close of business (minimum of Schedule F, Schedule G and Salary increase
forms: Schedules 1 and 1-A)<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>June 29, 2006 State Regents meet to
approve tuition requests and FY07 Budgets<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>June 29, 2006 Electronic entry required in the
CORE System.<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>As this is a very condensed schedule for all of us, we are
asking that you please send us an after hours contact person with a phone
number who will be available should any of the data need to be clarified.
Thanks. <a href="mailto:smauck@osrhe.edu">smauck@osrhe.edu</a> <o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
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