High-Level Timeline: The FY 2027 budget planning process is well underway. We have established a comprehensive timeline to ensure all necessary steps are completed efficiently. The initial phase involved gathering details from various ITS stakeholders, which was successfully completed on April 30.
We are now in the review phase where we publish IT Budget Packets to all agencies. This sets the stage for discussions during May-July with agency stakeholders about IT recommendations and refining budget requests. The final phase will involve agencies presenting their budgets to DFM in August with ITS approvals on the IT recommendations included in their budget submission.
Playbook: Our budget planning playbook, which was created to streamline the process, has been instrumental in guiding us through each phase. The playbook outlines key milestones, responsibilities, and best practices to ensure a smooth and effective planning process. It has received positive feedback for its clarity. The playbook continues to be expanded and updated as we improve our processes.
Current Status: As of now, we are in the review phase. The initial data collection has been completed, and we are working diligently to review and consolidate the information with each agency. This phase is critical as it ensures that all budget requests are aligned with our strategic objectives and that any discrepancies are addressed promptly. We are performing this phase earlier than we did in the past. This allows greater discussion with agencies and time to get consensus on the tough budgeting decisions.
What’s Next: The next steps involve finalizing the budget and preparing for the DFM review. We anticipate completing this phase by the end of July. We will make any necessary adjustments based on feedback and prepare the final budget for submission through July.
We appreciate the hard work and dedication of all teams involved in this process. Your contributions are vital to ensure that we have a well-planned and strategic budget for FY 2027 for ITS and our customer agencies.
