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SCC Funding Resources

Fiscal Year 2007-08December 2007

Information based on LRCCD 2007-08 Proposed Budget for Adoption

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Fund Types• District General Fund (GENFD):

– Fund 11: Unrestricted General Fund– Fund 12: Restricted General Fund

• Campus Funds:– SCOSC: Extended General Fund– Fund 13: Instructionally Related/Special Activities– Fund 14: Other Instructionally Related Programs (Trust)– BANSC: Agency– Fund 71: Associated Student Government– Fund 72: Student Representation Fees– Fund 81: Student Clubs & Agency– Fund 83: SCC Foundation

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District General Fund

Funds 11 & 12

Utilized to account for the basic educational programs and ordinary operations of the college

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Fund 11Unrestricted General Fund

• College Discretionary Fund, Block Grant

– Unrestricted portion of the district’s general fund

– Primary funding source; supports all divisions and administrative areas

– Formula driven, in part

• Substantial portion of funding recommended by the budget committee

– Due to timing of allocations, current year funding is used to plan next Fiscal Year

– Mid year updates through the Budget Committee

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SCC Fund 11

$49,630,648

$6,418,622

Operating Funds Salaries & Benefits

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SCC Fund 11 Operating Funds

$2,803,189

$721,634

$300,720$12,000

$1,944,798

$61,180

$501,501

$73,600

College Discretionary Fund (CDF) Program For Excellence (PFE) College Related Activities

Grant Matching Funds Utilities Institutional Support Costs

Community Service Telecommunications

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Fund 12Restricted General Fund

• Categorical programs, Special Projects, Grants– Expenditures restricted by law, regulation,

external agencies, etc. • Funding levels determined by external agencies

– Timelines and restrictions defined in program plans

– Matching sometimes required

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SCC Fund 12 Programs - $10,358,624

$754,724

858,054

1,181,438

949,568

1,632,520

623,438

120,522300,000

412,675164,573

745,650162,500

679,529

205,000

274,991

498,856

332,962

173,400

287,864

Programs Under $100K

VTEA

Matriculation

DSPS

EOPS

CalWORKS

TANF

DS-VTEA Health

Federal Work Study

Workability III

CARE

BFAP

Statewide Health

Restricted Lottery

ATT

WIA Nursing

CAHSEE

HOPE

Gates Foundation

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SCOSC Campus Funds

• Fund 13 and Fund 14

• Extensions of the general fund

• Subject to the same regulations as district general fund

• All revenue generated by the college

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Fund 13Instructionally Related

(extended general fund)

• IR/EEP– Supports extra-curricular, student centered and student

focused activities– Derived from College Store profit ($200K)

• Special Activities – Promote understanding of the college, increase community

awareness– Capped at .08% of College General Fund

(~$62,800/annually)– Funded by vending revenue

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SCC Fund 13

$262,800

$546,000

Instructionally Related Other IR - Trust

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SCC IR-EEP - Fund 13

$7,240

$30,306

$200

$94,379

$250$13,475 $1,000

$27,570

$600

$18,900

$500

$1,250

$4,330

Allied Health Counseling HFA Downtown OutreachPE/Athletics Math Student Development West Sac Outreach

Multicultural Activities Davis Outreach Language&Literature Financial AidReserve

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SCC Special Activities - Fund 13

$12,285

$10,350

$18,165

$22,000

President VPA VPI VPS

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Fund 14Other Instructionally Related (Trust)

• Extension of the general fund to account for materials fees, gate receipts, service fees, and other miscellaneous college income

• All activities are cost-covering (unsubsidized)

• Only used if activity does not fit other funds

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SCC Trust - Fund 14

$2,500

$71,200

$48,400

$26,900

$46,800

$7,700$6,600$2,500$8,300

$17,600

$14,500$2,800

$95,200

College Relations Lab Deposits/Material Fees CounselingBehavioral & SS HFA Lang & LitLearning Res Mesa PE/AthleticsBusiness Technology ScienceStudent Development VPS Allied HealthOthers w < $1500

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BANSC Agency Funds

• Funds 71, 72, 81, and 83

• College assumes fiduciary responsibility but has no authority over expenditures

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BANSC Agency Funds

$36,100

$100,800$107,200

$42,000

Student Clubs 81 Other Agency 81 ASG 71 SRF 72

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Fund 71Associated Student Government

• Moneys held in trust by the college for the organized student body association

• Annual revenue comes from subsidies of student student Access Card

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Fund 72Student Representation Fee

• To account for moneys collected pursuant to Education Code Section 76060.5 that provides for a student representation fee of one dollar per semester

• Expended to provide for the support of student governmental affairs representatives

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Fund 81Student Clubs and Other Agency

• To account for moneys of student clubs and any other moneys for which the college is the fiscal agent

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Fund 83SCC Foundation

• To raise funds for scholarships, grants, and other assistance for students as well as provide support for college programs

• Revenue comes largely from endowments, donations, gifts, bequeaths, and fundraising

• Maintains IRS 501c3 standing

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SCC Foundation

$1,217,169

$175,871

$927,793

$20,013

Endowments College Programs Designated Scholarships Unrestricted

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Summary

• Handouts cover basic definitions and authorized uses of these fund types

• Limitations and audit requirements do exist

• Budget Office and VPA are tasked to monitor