The goal of the external budget process is to acquire a state appropriation that supports the University's operations for the following fiscal year. The timeline below depicts an approximate schedule for the annual budget process as it relates to the state appropriation.
BOT approves budget request; ISU submits request to IBHE
IBHE visits campus for budget meetings
IBHE makes final budget recommendation to its board
ISU sends budget materials to state legislature
Governor gives Budget Address
ISU leaders meet with appropriation committees from the Illinois General Assembly