CAMPUS BUDGET FORUMS APRIL 2019 PRESENTED BY: DR. DAVID BEA FY20 - PowerPoint PPT Presentation

CAMPUS BUDGET FORUMS APRIL 2019 PRESENTED BY: DR. DAVID BEA

FY20 COLLEGE PRIORITIES • Provide a cost of living increase for faculty and staff • Minimize additional position reductions • Keep tuition increases to a minimum • Review high-cost programs with regards to changing the Differential Tuition structure • Increase funding for Student Life and co-curricular activities • Fund the first phase of the employee classification & compensation study • Create a mechanism to financially support outcomes and recommendations from program review • Add professional advisors to improve advisor to student ratio • Increase marketing, particularly digital

ACTUAL EXPENDITURES VS. EXPENDITURE LIMITATION 130,000 125,000 Expenditure Limit 120,000 Actual Expenses 115,000 110,000 ($ 000s) 105,000 100,000 95,000 90,000 85,000 $87,572 80,000 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 Fiscal Year

WHAT WE’VE DONE • Elimination of • Helpful changes approximately 200 • Cash management & positions investments • Reduction of operational • Revenue bonds costs • Other news • Credit card service fee • Benefits • Athletics • Salaries • Community Campus

TUITION AND SERVICE FEES 2018-2019 2019-2020 Tuition In-State Resident (per credit) $82.50 $84.50 Non-Resident Classroom - Fall/Spring (per credit) $304.00 $306.00 Non-Resident Classroom - Summer (per credit) $233.00 $235.00 Non-Resident Online (per credit) $214.00 $216.00 Differential Tuition A (per credit) $25.00 $41.00 Differential Tuition B (per credit) $33.00 $72.00 Service Fees Processing Fee (per semester) $15.00 $15.00 T echnology Fee (per credit) $2.50 $2.50 Student Services Fee (per credit) $3.00 $3.00

SUMMARY OF INCREASES TO REVENUES AND PROPOSED EXPENDITURES T otal Revenues Tuition $900,000 Differential Tuition $720,000 Total Increase in Revenues $1,620,000 Proposed Expenditures Personnel Salary Pool Increase $1,150,000 (+1.5%) Adjunct Faculty $218,000 (+1.5%) Budget Enhancements Student Life/Cocurricular $50,000 Marketing $100,000 Institutional Scholarships $50,000 Advising $70,000 (1 new position) Total Increase in Expenditures $1,638,000

BUDGET DEVELOPMENT – NEXT STEPS Month Activity April 2019 Campus Budget Forums • • Governing Board priorities further refined May 2019 • 2019-2020 Proposed Budget presented to the Governing Board Truth in Taxation Notification (if required) • June 2019 • Public Hearing and Special Meeting to adopt the budget and set property tax rates and levies

QUESTIONS

ADDITIONAL RESOURCES AND DATA

STRATEGIC PRIORITIES • 2017-2021 College Strategic Plan • Educational Master Plan • Facilities Master Plan • Diversity, Equity, and Inclusion Plan • Strategic Enrollment Management Plan • Chancellor’s Goals, Objectives, and Timelines, 2018-2019

COLLEGE BUDGET INFORMATION • Fiscal Year 2019 Adopted Budget • Fiscal Year 2019 General Fund Budget Detail • Fiscal Year 2020 Budget Development Calendar

FISCAL YEAR 2020 TUITION AND FEES FOR ALL AZ COMMUNITY COLLEGES (PER CREDIT HOUR) $120.00 $111.00 $100.00 $91.00 $90.00 $90.00 $88.00 $88.00 $86.00 $86.00 $85.00 $77.00 $80.00 Cost Per Credit Hour $60.00 $40.00 $20.00 $- Central Cochise Coconino Eastern Maricopa Mohave Northland Pima Western Yavapai In-State Tuition Rate Per Credit Fees

FY 2009-2019 COSTS PER CREDIT HOUR $100.00 $90.00 $80.00 $70.00 Cost per Credit Hour $60.00 $50.00 $40.00 $30.00 $20.00 $10.00 $0.00 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Fiscal Year In-State Resident Tuition Fees AZCC Avg

2018-2019 COST OF ATTENDANCE FOR FULL-TIME (12 CREDITS) $25,000 $20,000 $15,000 Cost $10,000 $5,000 $0 Living with Parent Living Off Campus Non-Resident Tuition & Fees* Books and Supplies* Room & Board Transportation Loan Fees Personal Maximum Pell Award $6,095 * Direct Costs associated with going to school

HIGH-COST PROGRAM COMPARISON TO PCC AVERAGE PROGRAM COST AND TUITION PER FTSE, FY18 ACTUALS $30,000 25% $25,000 20% $20,000 15% $15,000 10% $10,000 5% $5,000 $0 0% PCC Avg AUT AVM CAD DAE DHE DLT LEA MLT MUP NRS RAD RTH TDT TMA WLD CRC CDA MCT PHT HRM Instruction Academic Sppt and Stud Svcs Scholarships IS, Plant, Other In State Tuition Tuition % of Costs

FY18 REVENUES BY SOURCE PER ACTUAL FTSE FOR AZ COMMUNITY COLLEGES $25,000 $20,000 $15,000 Revenues in $1,000s $10,000 $5,000 $0 Cochise Coconino Eastern Maricopa Mohave Northland Pima Western Yavapai AZ CC TOTAL Other Revenue $1,012 $2,140 $3,125 $1,560 $1,623 $2,791 $2,265 $3,140 $3,390 $1,832 Tuition and Fees $1,484 $3,793 $2,530 $3,226 $3,897 $2,785 $3,019 $2,677 $3,415 $3,077 State Sales Tax $182 $253 $210 $161 $237 $266 $164 $200 $207 $172 State Appropriations $1,724 $1,071 $5,736 $0 $722 $4,904 $0 $701 $386 $422 Property Taxes $3,444 $5,082 $1,935 $7,756 $10,181 $8,397 $7,531 $6,785 $13,842 $7,475 EL/Actual FTSE $10,087 $7,974 $9,994 $6,486 $11,442 $7,891 $6,859 $10,959 $12,987 FY21 EL Est. $5,473

FY18 EXPENSES PER FTSE BY FUNCTIONAL CATEGORY VS. AZ CCS AND PCC PEERS $20,000 $18,000 $16,000 $14,000 $12,000 $10,000 $8,988 $8,000 $8,440 $8,366 $7,823 $7,652 $7,385 $7,149 $6,984 $6,984 $6,876 $6,000 $6,334 $6,185 $6,153 $5,969 $5,651 $5,461 $4,000 $3,905 $2,000 $0 Cochise Coconino Eastern Maricopa Mohave Northland Pima Western Yavapai AZ CC TOTAL CuyahugaCC Portland CC C.NM CC Austin El Paso Tarrant non PCC Avg Instruction/Student Svcs Scholarships Institutional Support/Plant/Aux Tuition and Fees

FY18 REVENUES BY SOURCE PER ACTUAL FTSE VS. AZ CCS AND PCC PEERS $25,000 $20,000 $15,000 $10,000 $5,000 $0 Cochise Coconino Eastern Maricopa Mohave Northland Pima Western Yavapai AZ CC TOTAL CuyahugaCC Portland CC C.NM CC Austin El Paso Tarrant Property Taxes State Appropriations State Sales Tax Tuition and Fees Other Revenue Tuition and Fees