Budget Closeout

Office of State Budget and Management’s (OSBM) review of budget reports will be focused on key elements and accomplished at a summary account or budget code level. Agencies and universities are accountable for ensuring compliance with OSBM’s closeout guidance at the detailed account level. 

Please review the State Agencies Closeout Guidance memo for FY 2025-26 or the University Closeout Guidance memo. You can find detailed instructions and resources in our Closeout/Carryforward Job Aids .