20180215INT to Staff Attach Request 7 - Budget Time Line.doc

2018– 2022 Capital Budget Timeline

Officers, GO Managers, Region Managers, and Power Plant Managers:

To facilitate a timely completion of the capital budget process for 2018 – 2022 expenditures, the following target dates have been established:

DATE FUNCTION RESPONSIBILITY

June 30 Distribute 2018-2022 Capital Budget and Forecast F.A. Accounting instructions.

July 31 Specific and blanket budget amounts entered by month Department in PowerPlan software. Heads

August 1 Managers run reports specified in the 2018-2022 instructions G.O. Managers & correspondence (“Special Considerations” section, #8) Region Managers in PowerPlan software.

7 Managers’ review of 5-year budget completed and any G.O. Managers & changes made in the Wish List/Working Versions in PowerPlan. Region Managers

10 Reports summarizing 5-year budget by project furnished F.A. Accounting
to Vice Presidents.

17 Vice Presidents’ review of 5-year budget completed and any Vice Presidents
changes provided to Fixed Asset Accounting.

21 Detail budgets for 2018 and 2019 (split between Growth & President-CEO
Replacement) including overhead and a summarized budget for Controller
2020-2022 furnished to President/CEO.

28 Final changes to 5-year capital budget due in Fixed Asset Accounting. President-CEO
Controller

31 Approved 5-year capital budget (with overhead) due in Financial F.A. Accounting
Planning to calculate AFUDC rate.

September 8 Final 5-year capital budgets due in Financial Reporting F.A. Accounting

15 Final 5-year capital budgets with narrative due in Corporate Planning F.A. Accounting

NOTE:

If you have any questions concerning this schedule, please contact your appropriate UG Fixed Asset Accounting representative:

Judy Feiring 4 digit direct dial #7709
Matt Schatz 4 digit direct dial #7714
Scott Wanner 4 digit direct dial #4528
Jake Emery 4 digit direct dial #6106