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PBCS User Guide

User Guide for Oracle Planning and Budgeting Cloud System (PBCS)

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RCM at Penn

Penn has utilized the Responsibility Center Management (RCM) model since 1974. Under this model, all Schools and Responsibility Centers are responsible for managing their direct revenue and expense.

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Budget Checklist

A detailed checklist covering materials to be submitted by Schools and Centers as well as budget checks necessary prior to submission

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Updates
September 20, 2022

FY22 Forecaster Award Winners Announced

At last week’s Budget Officer’s Forum, the FY22 Forecaster Award winners were announced. The Weitzman School of Design won “Best School Forecast” for the first time in the history of the awards! The Division of Recreation and Athletics won “Best Resource Center Forecast” and The Provost’s Center won the award for “Best Administrative Center” Forecast. […]

August 12, 2022

Changes to RCM Templates

RCM Templates 1A & 1C have been updated and are linked below. They can also be found in the Resources section of this site.

July 20, 2022

FY23 Budget Calendar

The FY2023 Budget Calendar is now available at the bottom of our homepage. A .pdf version is available at the link below. Please refer to it throughout the year for key deadlines and relevant meeting dates.

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BUDGET CALENDAR FISCAL YEAR 2023
Planning Released for Data Entry

Early August

AIF Income Lines Pre-Populated

Late August

FY2024 Budget Call & Preliminary Planning Parameters

Early October

FY2023 1st Quarter Forecasts Due

Friday, October 14, 2022

Updated Multi-Year Budgets Due (FY2024 – 2028)

Friday, October 28, 2022

Fall Budget Review Meetings (Schools)

Nov – Dec

Trustees Review Planning Parameters

Thursday, December 8, 2022

FY2023 2nd Quarter Forecasts Due

Friday, January 13, 2023

Centers Updated Multi-Year Budgets Due (FY2024 – 2028)

Friday, January 20, 2023

Schools Updated Multi-Year Budgets Due (FY2024 – 2028)

Friday, January 27, 2023*

Winter Budget Review Meetings (Centers)

Feb – Mar

Trustee Vote on FY2024 Tuition Resolution

Friday, March 3, 2023

FY2024 Guarantee Letters & Final Planning Parameters

Late March

FY2023 3rd Quarter Forecasts Due

Friday, April 14, 2023

Centers Final FY2024 Submissions & Narratives Due

Tuesday, April 25, 2023

Schools Final FY2024 Submissions & Narratives Due

Tuesday, May 2, 2023

FY2024 Budgets Sent to Ledger

Friday, June 9, 2023

Approval of FY2024 Budget by the Trustees

Friday, June 16, 2023

* Only required if budget parameters change or if requested by the Provost at fall meeting.