Finance Committee Budget Procedures

  • Finance Committee (“Finance”) communicates OLLI Budget (“Budget”) guidelines to OLLI staff (“Staff”) and OLLI committees (“Committees”) [December]
  • Staff, in consultation with Committees’ chairpersons, prepares preliminary Budget for Finance review [January]
  • Finance reviews Budget with Staff, recommending revisions as necessary [February]
  • Finance Chairperson presents Budget to Center Steering Council Executive Committee [March]
  • Finance coordinates agreed upon Budget revisions
  • Finance Chairperson presents final Budget to Center Steering Council [April]
  • Staff submits approved Budget to UNC Asheville Budget Office; Finance distributes approved Budget to Staff and Committees [April]

Note: UNC Asheville and OLLI fiscal year is July1 - June 30