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April MeetingReceive the Budget Message Proposed Budget is aligned with the College’s Strategic Plan and operational needs
Provide inputProvide opportunity for citizen input
May MeetingReview the Approved BudgetProvide opportunity for citizen inputApprove tax rateApprove budget, recommending it to the Board for Adoption
ROLE OF BUDGET COMMITTEE
2012/13 BUDGET MESSAGE
2012/13 BUDGET MESSAGE (CONT.)
College-wide involvementBudget Advisory TeamE-TeamCAMAT and FAMATDivisional Management TeamsAdvisory Meetings
CREATING THE PROPOSED BUDGET
Account for the general operations and activities of the College
Three Funds General Fund College Service Fund Stability Reserve Fund
OPERATING FUNDS
Revenue AssumptionsState Operations
$395.7 million Community College Support FundProperty Taxes
1% increaseTuition
4% decrease in enrollment from 2011/12 $2 tuition increase
Transfers In $725,000 from Technology and Equipment Fund $1.7 million from College Service Fund
GENERAL FUND
Position Amount
PT Faculty Wages & Benefits $(298,378)
FT Faculty Humanities $(111,323)
FT Faculty Humanities $ (72,861)
FT Faculty Manufacturing $ (87,089)
FT Faculty Diesel $ (77,277)
FT Faculty Academic Skills $(111,323)
FT Classified Individualized Career Training Reduced to 80% $ (18,273)
FT Classified Library reduced to 60% (now PT Classified) $ (29,995)
FT Faculty Computer Science $ 50,072
FT Faculty Nursing $ 40,147
PT Classified Disability Services $ (14,798)
PT Classified Student Services Admin. Secretary IV $ (42,700)
Women’s Resources Center Materials & Supplies $ (3,614)
FT Classified Accounts Receivable Collections $ (50,517)
FT Classified Institutional Researcher $ (68,988)
FT Classified Campus Security Officer $ (50,517)
President’s Office Materials & Supplies $ (20,600)
Total Expenditure Changes: $(968,034)
GENERAL FUND STRATEGIC CHANGES
Expenditure AssumptionsPersonnel (still in negotiation)
2% decrease in PT faculty 3 furlough days $682,000 available for personnel salary
adjustmentsOther Personnel Expenditures
Health Insurance – 6% increase PERS – 7.79% approximate increase
Department Materials & Services and Capital 0% increase
Transfers Out Increase 7.41% over 2011/12
GENERAL FUND (CONT.)
FUTURE YEAR ASSUMPTIONS
RCC’s Major sources of revenues will continue to see a declineState funding
EconomyProperty tax revenue decline
Little to no improvement in Housing MarketEnrollment
Decline of 4%
