South Seattle Community College 11/17/2018 South Seattle Community College All College Meeting March 13, 2013 Olympic Hall

Welcome to 2013-14FY Planning 11/17/2018 Welcome to 2013-14FY Planning Opening Remarks Strategic Planning and Budgeting Operating Budget Overview Unmet Needs Budget Development Timeline

11/17/2018 College Core Themes STUDENT ACHIEVEMENT TEACHING AND LEARNING COLLEGE CULTURE AND CLIMATE COMMUNITY ENGAGEMENT AND PARTNERSHIPS

Strategic Plan & Budget are Aligned 11/17/2018 Strategic Plan & Budget are Aligned Strategic Plan MISSION Budget Plan Core Themes & Objectives

2012-13FY State of the College 11/17/2018 2012-13FY State of the College No Change in tuition allocation Tuition collection shortfall from 2011-12FY Contribution to ERP 3% Permanent Operating Budget shortfall Soft Enrollment Substantial Carry Forward balance Healthy International Program Enrollment Ample Grants and Contracts Activities

11/17/2018 Operating Budget

2012-13FY Enrollment Challenges 11/17/2018 2012-13FY Enrollment Challenges No relief in enrollment target Low enrollment Increase cost of education High unemployment Economic recovery Competition and program offerings

2013-14 FY Strategic Budgeting 11/17/2018 2013-14 FY Strategic Budgeting INCREASE Enrollment, Retention, Completion Meet FTE target Increase tuition collection Preserve quality of education Achieve maximum efficiency Prioritize Fund Anticipate the highest return

11/17/2018 2013-14 FY Fiscal Variables State Operating Budget is not yet finalized First year of 2013-15 Biennium Sequestration double impact State Economic Forecast The information we have now will change Earmarks and Provisos Financial Aid

2013-14FY Fiscal Variables (cont.) 11/17/2018 2013-14FY Fiscal Variables (cont.) Tuition Collection shortfall for two consecutive years Tuition increase no decision Faculty Negotiations Mandatory increases

2013-14FY Changes to Fund Classified increments 11/17/2018 2013-14FY Changes to Fund Classified increments Personnel/position changes Financial Aid Loan Program District wide initiatives Faculty Negotiations Tenure Faculty stipends Turnover Savings Institutionalizing grant programs ERP impact

11/17/2018 2013-14FY Balancing Act Funding ongoing costs from accumulated Carry Forward is not fiscally sustainable New program development Equipment purchase Special projects Enrollment boost initiatives Emergency fund

2013-14FY Budget Development Funded Not funded Flat Operating Budget Prioritized list of unmet needs Look at a big picture Identify an alternative funding models

Calendar March Review and approval of Fees 11/17/2018 Calendar March Review and approval of Fees Provide Budget Development Worksheet April Complete Budget Development Worksheets Develop realistic budget to meet the needs Submit to department Vice Presidents by April 16 Submit Worksheets to the Business Office

11/17/2018 Calendar April-May Submit prioritized list of requests/cuts to College Council College Council Hearings June College-wide Budget Hearing Final budget approved

Summary Manage within the resources Prioritize initiatives 11/17/2018 Summary Manage within the resources Prioritize initiatives Develop sustainable budget

11/17/2018 Questions Thank You!