This week's news
Next steps on Divisional Budget Dashboards
Call letter released
Deans, Vice Chancellors, Chief Administrative Officers, and Divisional Finance Leaders received their FY2017-18 budget call letters today. As a complement to recent budget discussions with the EVCP and CFO, this letter provides campus leaders with additional critical information needed to complete their divisional budget for formal submission, along with their division’s strategic plans and revenue generation plans, by early May.
It's time to begin letting us know if you'd like to use budget templates for your process this year. If you'd like to opt in, by Friday, February 10 please click here to complete the sign-up sheet. There are two tabs on the sheet:
The Revenue Plan Template is an Excel workbook of templates to assist Divisional Finance Leaders in determining revenue from new initiatives for FY2017-18. Deans, Vice Chancellors, Divisional Finance Leaders, and Chief Administrative Officers received the template on February 6 via email from AVC-CFO Rosemarie Rae.
On February 1, senior campus leaders received their division’s FY2017-18 budget target via email from AVC-CFO Rosemarie Rae and EVCP Carol Christ. As discussed in recent forums, your unit can meet the target either through revenue generating programs or cost saving activities. This target is just the beginning point of our iterative budgeting process, which is a collaborative process that will require careful coordination within our limited time period.
The Office of the CFO and the DFLs came together on Wednesday, January 25 for the first Financial Forum of the New Year.
The agenda included:
Submit Self-Certification Forms or Request Exemption by February 24
Consistent with the new Recharge Budget Process deployed last year, we are integrating recharge activities into the broader FY2017-18 Campus Budget Process and the term of approved rates, to the extent possible, will be aligned with the fiscal year.
On Friday, January 20 Interim EVCP Carol Christ announced that she and AVC-CFO Rosemarie Rae will be hosting small-group budget process meetings with all campus divisions throughout February. Ensure you've completed your division's one-page strategic plan (template) prior to attending. Read the email announcement.
The Office of the CFO and the DFLs came together on Thursday, December 15 for the latest Financial Forum. Suresh Bhat of Haas outlined the great work he and the project team have done on the Finance Competency Framework, Controller Delphine Regalia provided an update on Contracts & Grants and revenue recognition, Jon Bain-Chekal outlined progress on the Finance Reform Listening Tour and AVC-CFO Rosemarie Rae presented the plan for a simplified FY2017-18 Budget Process. Access the slides from the forum and the whitepaper from the Finance Reform Listening Tour below.
CAN Presentation - Institutional Research Surveys at UC Berkeley: Overview of Survey-Based Data Collection and Reporting, and the Challenges We Face
Improve your survey skills through the experiences of campus survey experts.
The Office of the CFO is now offering four of the CalPlanning tool training courses on a quarterly basis for our newest members to the Finance Community. Ongoing training sessions are now open for enrollment in the UC Learning Center for both our CalPlanning Reporting and Planner roles:
Introduction to CalPlanning
Smart View Ad Hoc Basics 1
Smart View Ad Hoc Basics 2
Super User brown bag lecture: Translating Analysis into Visualizations
CalPlan, the planning tool, will be closed for edits from 6pm on 10/27 to 7am on 10/28 while we update FY17 Forecast Working with the new Composite Benefits Rates (CBR) and General, Automobile, and Employment Liability (GAEL)(link is external) rate.