Are you kidding me? Did you read the thread or just post this based on the title?
Quick Catch Up: When you can tell me when my state legislature will pass the budget legislation AND what cuts it will contain, I will tell you whether I can wait a month...
Unbelievable.
I haven't been in EVERY state college/university - but in the multiple I have been in, their fiscal budgets have always run July 1 - June 30.
If the money is already budgeted for the current fiscal year, unless the powers-the-be over your head decide to use that money for something else, you are probably safe until the next fiscal cycle begins.