BUDGET ESTIMATE PREPARATION IN FINANCIALLY AUTONOMOUS HIGHER EDUCATION INSTITUTIONS: ALIGNING NORMATIVE FUNDING WITH THE ACADEMIC YEAR CALENDAR

The thesis compares the practice of drafting budget estimates in financially autonomous state higher education institutions with the formula funding mechanism and the academic calendar. Using the tuition-fee estimates of the Tashkent University of Information Technologies named after Muhammad al-Khwarizmi, it identifies systematic overstatement of planned figures and a timing mismatch between quarterly expenditure and revenue. An estimate procedure that starts from enrolment and revenue forecasts, together with a fee collection coefficient, is proposed.