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Agenda
•What has happened since 2012-13
•Comparing Governor’s May Revise, Senate & Assembly Subcommittee Proposals
•State Summary
•What does it mean for SBCCD?
•Board of Trustees 2013-14 Budget Directions
Agenda
•2013-14 Strategic Issues
•2013-14 Tentative Budget Assumptions
•Estimated Impact on enrollment
•2013-14 Budget Year Estimates
•Estimated General Fund, Unrestricted Fund Balance
•Next steps
•Questions?
What Has Happened Since 2012-13
•Prop 30 passes in November of 2012
• Sales tax ends December 31, 2016
• Income tax ends December 31, 2019
• $10.8M of $67M Budget (16%)
•State revenues exceed 2012-13 projections by $4.5 billion
•Redevelopment agencies (RDAs) have been eliminated
Item 2012-13 Spending Level
2013-14 May Revise
Senate Subcommittee
Assembly Subcommittee
Enrollment Growth
1% 1.63% (+0.63%) 1.63% (+0.63%) 2.2% (+1.1%)
Cost-of-Living Adjustment
0% 1.57% (+1.57%) 1.57% (+1.57%) 1.57% (+1.57%)
Student Success (formerly Matric.)
$49.2M $99.2M (+$50M)
$99.2M (+$50M)
$113.4M (+$64.2)
Online Education Platform
$0 $16.9M (+16.9M)
$16.9M (+$16.9M)
$16.9M (+$16.9M)
EOPS $73.6M $73.6M $98.6M (+$25M)
$134.1M (+$60.5M)
CARE $9.3M $9.3M $10.6M (+$1.3M)
$9.3M
DSPS $69.2M $69.2M $94.2M (+$25M)
$126.8M (+$57.6)
Student Financial Aid Administration
$0 $67.5M (+$67.5M)
$67.5M (+$67.5M)
$72.1M (+$72.1M)
Foster Care Education Program
$5.25M $5.25M $5.25M $5.34M (+90K)
Comparing Governor’s May Revise, Senate & Assembly Subcommittee Proposals
Source: Community College League of California 5/23/13
Item 2012-13 Spending Level
2013-14 May Revise
Senate Subcommittee
Assembly Subcommittee
Student Success (MESA/Puente)
$3.8M $3.8M $3.8M $6.3M (+$2.5M)
Nursing Support $13.4M $13.4M $13.4M $22.4M (+$9M)
Telecom/Tech $15.3M $15.3M $15.3M $15.5M
Academic Senate
$318,000 $318,000 $415,000 (+97K)
$474,000 (+$156K)
Childcare Tax Bailout
$3.3M $3.3M $3.3M $7.7M (+4.4M)
Equal Employment Opportunity
$767,000 $767,000 $767,000 $779,000 (+12K)
Economic Development
$22.9M $22.9M $22.9M $23.3M (+$400K)
Apprenticeship $7.2M $7.2M $7.2M $15.5M (+$8.3M)
Comparing Governor’s May Revise, Senate & Assembly Subcommittee Proposals
Source: Community College League of California 5/23/13
Item 2012-13 Spending Level
2013-14 May Revise
Senate Subcommittee
Assembly Subcommittee
Part-time Faculty Office Hours
$3.5M $3.5M $5.9M (+$2.4M) $7.2M (+$3.7M)
Part-time Faculty Health Insurance
$490,000 $490,000 $820,000 (+$330K)
$1M (+$510K)
Part-time Faculty Compensation
$24.9M $24.9M $24.9M $51.6M (+$26.7M)
Transfer Education and Articulation
$698,000 $698,000 $698,000 $1.4M (+$702K)
Instructional Equipment
$0 $0 $12M (one-time funds)
$0
Scheduled Maintenance
$0 $0 $12M (one-time funds)
$0
Professional Development
$0 $0 $6M (one-time funds)
$0
Comparing Governor’s May Revise, Senate & Assembly Subcommittee Proposals
Source: Community College League of California 5/23/13
State Summary
•Apportionment increased
Growth up from 1% to an additional 1.63% - 2.2% ($89.4M - $122.6M)
COLA 1.57% ($87.5M)
Student Success ($50M – $64.2M)
•Categorical programs increased
Increases to ongoing programs
Possible one-time funds for instructional equipment, maintenance, and professional development
State Summary
•Adult education proposal withdrawn for 2 years
•Deferral buy downs accelerated ($180M plus $64.5M for 2013-14 for a total of $244.4M; $961M deferral down to $557.5M)
•Prop 39 funding Increased
•90-Unit cap and census date policy proposal withdrawn
•Postpones proposal to require each student to complete Free Application for Federal Student Aid
What Does It Mean For SBCCD?
•Apportionment increased $2.8M – $3.4M
Growth up from 1% to an additional 1.63% - 2.2% ($1.1M - $1.5M)
COLA 1.57% ($1.1M)
Student Success ($600K – $800K)
•Categorical programs increased
Increases to ongoing programs
Possible one-time funds for instructional equipment, maintenance, and professional development
What Does It Mean For SBCCD?
•Deferrals reduced $3M; from $9.8 to $6.8M
2013-14 reduced $2.2M
2013-14 reduced additional $800K
Board of Trustees 2013-14 Budget Directions
• Balance the 2013-14 budget without the use of Fund Balance (Reserve) while maintaining a minimum Fund Balance of 15% (State minimum is 5%)
• Allocate funding through the district resource allocation model to support SBVC and CHC as comprehensive community colleges
• Increase student success and access
• Identify new or reallocated funds for strategic initiatives
Board of Trustees 2013-14 Budget Directions
•Maintain selective “hiring freeze” to provide strategic funding of priority needs
• Reorganize and reallocate resources where possible to increase efficiency and improve services
• Reduce expenditures that are not mission-critical
• Invest in projects that enhance the efficiency of district and college operations
• Continue the Measure M bond program based on facilities master plans
Board of Trustees 2013-14 Budget Directions
• Continue to develop external funding streams including grants, scholarships, and fundraising
•Maintain full funding for step and column increases
•Maintain 50% law ratios in staffing plans
•Honor collective bargaining agreements
• Increase student success throughout SBCCD
• Increase student access and restore enrollment
•Make progress in having two comprehensive colleges for SBCCD
• CHC is scheduled to construct 80,000 additional square feet within the next 4 years.
• SBVC has near-term plans to replace and renovate existing facilities that do not increase the square footage of the campus.
2013-14 Strategic Issues
•Growth 1.75%
• COLA 1.5%
• Allocation Split 70/30 SBVC/CHC
•One-time 0.8% allocation (approximately $300,000) additional access funding from Fund Balance for CHC to address access, comprehensive college, and new construction strategic issues
2013-14 Tentative Budget Assumptions
Estimated Impact on Enrollment
Description *Funded2012-13
*Actual2012-13
*Funded2013-14
*Target2013-14
FTES 13,312 13,312 13,456 13,590
Sections/Classes
3,550 3,550 3,588 3,624
Head Count 34,435 34,435 34,804 35,153
* Estimate
2013-14 Budget Year EstimatesDescription Amount
2012-13 Structural Imbalance -$1,900,000
Step and Column Increases -$650,000
Increase in Medical and Dental -$1,000,000
Increased Grant Obligations -$60,000
Increase 75 Sections -$300,000
5 Faculty and 3 Counselors -$400,000
SLO Increase -$200,000
COLA Increase $1,100,000
Growth Increase $1,100,000
Student Success $600,000
Select Hiring Freeze $600,000
Energy Savings $175,000
KVCR Savings $300,000
Net Excess/(Liability) for 2013-14 -$635,000
Estimated General Fund, Unrestricted Fund Balance
Description Amount
Beginning Fund Balance, July 1, 2012 $21,454,831
Revenues less Expenses -$600,000
Fund Balance Contribution $0
Projected Fund Balance, June 30, 2013
$20,854,831
Fund Balance% of Budgeted Expenditures
30.7%
Fund Balance at 15% of Budgeted Exp.
$10,200,000
Fund Balance at 5% of Budgeted Exp. $3,400,000
Deferrals $9,800,000
• June 13, 2013: Present 2013-14 Tentative Budget to Board for adoption
• July: California budget enacted
• September 12, 2013: Present 2013-14 Final Budget to Board for adoption
• Keep Board informed
• Board meetings
• Chancellor’s Chat
• Other means as necessary
Next Steps