IV-22

The Planning System

 

 Institutional Planning Cycle


NewCentury@Elon is the institutionís long range plan. Each unit of the university will develop a five-year plan based upon that document. Within each five-year plan is an annual plan that will be revised in accordance with the annual budget. Thus the planning cycle at Elon University moves from the development of a five-year plan, to an annual plan, to an implementation phase, to a budget development phase.

Because the following calendar is based upon the academic year, it begins with the implementation stage, moves to the budget development phase and then to the local and institutional planning stage.

  September

Begin implementation of institutional priorities
Adjust and begin implementation of local annual priorities

October

Begin budget development based upon institutional and local five-year plans

 

January

Review planning and implementation at senior staff mini-retreat

 

March

Approve budget

 

April-May

Complete annual priorities at local levels based upon new budget and local and institutional five-year plans

 

June

Synthesize all local plans and draft institutional annual priorities at senior staff retreat

 

July-August

Review annual institutional priorities at local units and reach agreement on annual institutional priorities

 

 

 

BUDGET CYCLE

 

October ††††††††††††††††††††††††††††††††† Budget committee convened

November †††††††††††††††††††††††††††††† Budget materials sent to local units

December††††††††††††††††††††††††††††††† Budget materials returned

January-February ††††††††††††††††††† Budget hearings conducted

February 15 ††††††††††††††††††††††††††† Budget mailed to Board of Trustees

March††††††††††††††††††††††††††††††††††††† Budget approved

May 1††††††††††††††††††††††††††††††††††††† Individual budgets forwarded to local units

June 1††††††††††††††††††††††††††††††††††††† Fiscal year begins

 

(10/99)