Leadership Notes > 2023-24 > FY25 Planning Cycle Meeting Follow Up

FY25 Planning Cycle Meeting Follow Up for Budget Planners

By Sherri Sidler, Erin Brezinski, Eric Nelson / December 12, 2023 / Twitter / Facebook

Thank you for joining us on Thursday, December 7, 2023, to discuss the Fiscal Year 2025 planning cycle and administrative unit strategic planning process. For those that were unable to attend the meeting, or would like a refresher on what was shared, we invite you to review our presentation and are available to meet individually upon request.

Over the next several months, each administrative unit has been tasked with developing two proposals:

Fiscal Year 2025 (FY25) Budget
Fiscal Years 2025-29 Administrative Unit Strategic Plan

We ask that you work collaboratively with your staff to determine and set unit-level priorities that connect your work to Designing DePaul focus areas. The purpose of these conversations is to gather ideas and initiatives, both short and long-term, which can be incorporated into your FY25 budget plans and strategic planning scenarios for FY25 to FY29. We request that you use this template to document these sessions. Let us know if you would like us to help facilitate and document these conversations.

Below is a summary of the upcoming key dates for both the budget planning cycle and our long-range strategic planning process.

Key Dates

Date	Activity
December 2023 - March 2024	Units host inclusive engagement sessions
January 2, 2024	BlueSky Budgeting system opens for FY25 budget planning
January 2024	EVP staff hosts weekly drop-in sessions via Zoom to support FY25 budget planning cycle Calendar invites will be sent by December 15, 2023
February 4, 2024	FY25 budget entry deadline
February 14, 2024	Budget update meeting with vice presidents to review SRAC submissions
February 20, 2024	President and EVP present FY25 budget submission to SRAC
February 21, 2024 through March 2024	Email pertinent feedback and updates after our SRAC presentation and after each SRAC deliberation session.
March 31, 2024	Units send draft version of administrative strategic plans to Erin and Eric
June 30, 2024	Units send final version of administrative unit strategic plans to Erin and Eric

There are several resources available to help you complete both proposals:

FY25 New Initiative Request Form: a new online form to collect ideas from your engagement sessions that you expect to generate near term revenue or cost management ideas.
BlueSky Budgeting System Training Videos & BlueSky Budgeting User Reference Guide: resources to help you navigate BlueSky to submit your FY25 budget proposal.
Budget Blueprint website: high-level budget, enrollment, and faculty data.
University Budgets and Planning website: resource for budget planners with information, tools, and support to complete the FY25 planning process.
Designing DePaul website: news, updates, timelines, and a list of university-wide events and milestones related to DePaul’s Five-Year Financial Planning initiative and One-Year Financial Planning initiative.
Designing DePaul eBook: learn more about each of the Designing DePaul focus areas
Designing DePaul Book Club Discussion Guide: an engagement session idea

We are available to support you throughout this planning process. Please let us know if you have any questions or concerns and we will be happy to help.