Agency Timeline
FY 2025-27 Base Budget Key Dates/Deadlines
September 6 - 2025-27 Base Budget Instructions Issued
September 12 - Agency Base Budget Instructions Training from 10:00 – 11:00 a.m., In-Person only at OSBM (2 Salisbury Street, Raleigh, NC 27601). Please register.
UNC Base Budget Training from 3:00 – 4:00 p.m. More details to come.
September 16 - Draft Base Budget Documents Available for Agency Review.
RK 314 Report Available for Agency Review.
September 20 - Agencies Notify OSBM of 2024-25 Approved Budget Revisions to Include or Exclude in Base Budget Document (based on RK 314).
Agencies must notify OSBM of any approved budget revisions to include in the Base Budget following this date.
October 1 - Agencies Submit Requested Updates to Fund Purpose Statements to OSBM
October 18 - Agencies Submit Proposed Pay Plan Estimates to OSBM (Final Estimates due January 1, 2025)
October 22 - Agencies Submit Revisions Adjusting Receipts based on Receipts Analysis to OSBM
October 29 - Agencies Submit Revisions Adjusting Salary Reserve/Personnel Expenditures to OSBM
October 29 - Agencies Submit Revisions Reconciling Intra-Governmental Transfers to OSBM
November 12 - Agencies Submit All Worksheet I Entries (with appropriate justification/attachments) and Budget Restructuring Plans to OSBM
November 22 - All Approved Budget Revisions Needed in Base Budget Finalized/Approved.
All Base Budget (Worksheet I) Entries Finalized/Approved.
2025-27 Base Budget Recommendation Finalized/Complete.
FY 2023-24 Budget Closeout/Carryforward and Capital Deadlines
| Date | Closeout/Capital | Action |
|---|---|---|
| June 3 | Capital | Requests to close capital budget codes due to OSBM. Review all capital improvement budget codes and close all completed projects. Please refer to the Capital Budget Code Closure Job Aid. |
| June 3 | Capital | Capital allotment requests for June due to OSBM |
| June 6 | Capital | Complete last General Fund Supported Debt Requisition (Certificates of Participation/COPS, Two Thirds Bonds, General Obligation Bonds/ConnectNC). |
| June 7 | Closeout/Carryforward | Deadline to encumber items included in carryforward requests. Review the Carryforward Job Aids, which explains procedures for Encumbrance Carryforward requests. Agencies should only include items encumbered by this date on their carryforward request. |
| June 14 | Closeout/Carryforward | Preliminary carryforward request estimates due to OSBM only from: Department of Health and Human Services, Department of Public Instruction, and University of North Carolina System using the OSBM Carryforward Template. |
| June 15 | Capital | After June 15, OSBM will not allow budget revisions and allotments to Capital unless specifically authorized. |
| June 21 | Capital | Certification of Capital Improvement reports due to OSBM |
| June 28 | Closeout/Carryforward | Final carryforward requests for all agencies and universities due to OSBM. Submit carryforward requests using the updated OSBM Carryforward Template along with any required supporting documentation. |
| Mid-July | Closeout/Carryforward | OSBM approves carryforward and notifies agencies and universities. OSBM will review requests to carryforward funds from FY 2023-24 to FY 2024-25 in compliance with G.S. 143C and other general statutes. |
| July 26 | Closeout | Office of State Controller Cash Closing Deadline. This is the final date when cash can move between budget codes. |