Budget Forecast Faculty Senate December 6, 2019 Presented by: Dr. - PowerPoint PPT Presentation

Budget Forecast Faculty Senate December 6, 2019 Presented by: Dr. David Bea

Actual/Estimated Expenditures vs. Expenditure Limitation $140,000 $120,000 $90,355 $100,000 $80,000 $60,000 $40,000 $20,000 $- 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 EL ($000s) Actual ($000s)

Budgeted Salaries by Program Type, FY15-FY20 (General and Designated Funds) $60,000,000 $50,000,000 $40,000,000 $30,000,000 $20,000,000 $10,000,000 $0 2015 2016 2017 2018 2019 2020 1-Instruction 3-Academic Support 4-Student Services Inst Sppt & Plant

FY20 General Fund Revenues and Expenses FY20 General Fund Revenues by Source FY20 General Fund Expenses Share by Type Investment Debt Service Administrative Other Income Income Faculty 3% 3% 2% 2% Transfers & Reserves 12% 17% Tuition & Fees 28% Adjunct 8% Operating 17% Property Taxes 68% Staff Classified Other Compensation Fringe Benefits 23% 3% 14%

College Priorities and Goals • Increase enrollment: recruitment, persistence, retention • Increase marketing budget • Increase institutional scholarships • Increase professional advisors and advisor:student ratio – reallocate and add resources • $0 classroom materials, integrated technology • Increase dual enrollment • Increase online enrollment programs • Decrease utility costs College-wide • Continue establishment and enhancement of COE as outlined in EMP and FMP • Compensation adjustments • Classification/compensation study • Merit pay pool • Adjunct faculty tiers • Hard-to-fill positions