Commonwealth Biennial Budget

Budget Process of the Commonwealth

Action Month Cycle
91短视频 submits enrollment projections for SCHEV October Even Year
SCHEV approves enrollment projections December Even Year
91短视频 conducts issues assessment and presents reports to Governor's cabinet and DPB team June Odd Year
91短视频 receives target and budget planning guidance for biennium from Governor July Odd Year
91短视频 submits final strategic plan and biennial budget request to Governor September Odd Year
Governor presents Executive Budget to General Assembly December Odd Year
General Assembly reviews and modifies budget January - March Even Year
General Assembly approves budget March Even Year
Governor signs budget April Even Year
Veto override session held, if necessary April Even Year
Agencies submit summaries of all projects in 6-year plan, maintenance reserve requests and summary of proposed capital leases to DPB May Odd Year
Agencies submit capital budget requests to DPB June Odd Year
DPB reviews projects and notifies agencies August Odd Year
Agencies submit financial feasibility studies for revenue bond projects to Department of the Treasury, DPB and SCHEV September Odd Year
SCHEV delivers its capital budget recommendations to Governor November Odd Year
Department of the Treasury issues to agencies financial feasibility statements for revenue bond projects December Odd Year
Governor submits biennial budget to the General Assembly December Odd Year