Budget Timeline for 2016
Wednesday, September 23, 2015 
Budget season is here! For more information, check out our wiki page.
Click here to access Hyperion. (Note: You must use Internet Explorer to access Hyperion).
| Budget timeline | |
| June 24th | The 2016 Capital Inspection Budget Workbook will be made available to Community Managers |
| July 7th | 2016 Operations Budget Workbook will be made available to Community Managers |
| July 1st - July 31st |
2016 OPERATIONS BUDGET WORKBOOK Community Managers should gather the necessary supporting information for budget preparation and review their 2016 Budget Workbooks with their Regional/Area Manager prior to July 31st. |
| July 1st - July 31st |
2016 CAPITAL INSPECTION AND BUDGET WORKBOOK Community Managers should gather necessary supporting information for budget preparation and review their 2016 Capital Budget Workbook with their Regional/Area Manager prior to July 31st. |
| July 17th | Economic Survey will be sent to Regional/Area Managers |
| July 31st | Economic Surveys due back from Regional/Area Managers |
| July 31st | Community Managers to submit their final 2016 Capital Inspection and 2016 Operations Budget Workbooks to Regional/Area Managers for review |
| August 4th |
TRAINING Hyperion Budget Training for Regional/Area Managers. Hyperion access will be granted to all Regional/Area Managers to update 2016 Budget (Preloads and Capital Only) |
| Aug 4th - Aug 11th | Regional/Area Managers enter Capital Inspection Workbooks into Hyperion |
| Aug 4th - 28th |
Regional/Area/Community Managers to complete V1 of budget entry (Expenses Only) |
| Aug 12th - Sept 18th | CMS Project Manager to load budgets in Hyperion |
| Aug 28th 5:00 PM | Version 1 of Budget Workflow closed |
| Sept 4th 8:00 AM | Hyperion access will be granted to Revenue Mgmt for revenue assumptions and Regional/Area Managers for Version 2 expense assumptions |
| Sept 4th - Oct 2nd | Rev Mgmt/Regional/Area Managers to complete Version 2 of Budget Entry (Budget Assumptions, Budget Workbooks and KPI reports) |
| Oct 9th - Oct 30th | Rev Mgmt to set up meetings with RPMs/Community Managers to review revenue assumptions |
| Nov 2nd 8:00 AM | Version 3 of Budget Workflow Closed |
| Nov 9th - 13th | SMC Review of Rev/Exp/NOI Assumptions (Regional/Area Manager meetings) |
| Nov 16th - Nov 30th | Finalize Capital Budgets (Asset Management) |
Last updated:
October 14, 2015