5/5/2019 Budget Update May 19, 2010 Cal Poly Pomona – Budget Services

Cal Poly Pomona 2009/10 Recap of Budget Balancing Actions Revenue Reduction and Mandatory Costs 2008/09 2009/10 Appropriation Reduction General Fund $ 140,917,092 $ 106,124,922 ($ 34,792,170) State University Fee 62,823,000 75,416,000 12,593,000 Other Revenue 9,928,802 10,607,603 678,801 Revenue Adjustment $ 213,668,894 $ 192,148,525 ($ 21,520,369) Mandatory Costs -0- ($ 8,650,358) Total Adjustments ($ 30,170,727) Expenditure Reductions Divisional Plans 2

2009-10 Budget Reduction Plan 5/5/2019 2009-10 Budget Reduction Plan Furlough savings (including benefits) Management Salary Savings Staff Salary Savings TTF Faculty (not replaced) Faculty Directors SETC (layoff) 3

2009-10 Budget Reduction Plan Continuing Actions 5/5/2019 2009-10 Budget Reduction Plan Continuing Actions Continue monitoring all hires/extension of temporary appointments Reduce operating expenses including all but essential training and travel Increase class sizes Continue program evaluation - consider consolidation/closure of campus programs 4

2009-10 Budget Reduction Plan Divisional Summaries Division summaries can be found at the following websites: President Academic Affairs (password protected) Administrative Affairs I & IT Student Affairs University Advancement 5

2010/11 Budget Planning One-Time Deferral of Staffing Reductions Sources: 2009/10 Budgeted Fee Revenue (16,123 FTES) $ 85,966,100 Actual Fee Revenue (FTES Census 17,589 through Spring 2010) 92,891,087 Surplus Revenue $ 6,924,987 Risk Management Refund of Premiums & Carryover $ 2,348,409 One-Time Revenue $ 9,273,396 Uses: 6 Mos Furlough Salary Replacement $ 7,629,366 6 Mos Furlough Benefits Replacement 1,216,752 6 Mos Furlough Replacement $ 8,846,118 6

2010/11 Governor’s May Revise The Governor’s May Revise was as good as we could have expected: $305 Million Addition to Base Budget $60.6 Million Enrollment Growth for 8,290 FTES $390.7 Million 10% Fee Increase It is still very early in the process and none of these funds have been approved by the State Legislature. 7

Next Steps Stay the course for 2009-10. We need to continue the actions to finish the year’s workplans with a balanced budget. Monitor the developments on the Governor’s 2010-11 Budget Proposal as it goes through the budget process. Expecting a heated debate and a challenging process, budget adoption will most likely be delayed. With a delay in mind, we will implement the deferral actions as needed, until December 31, 2010. The President’s Cabinet will continue working to defer layoffs. Only 7 of 23 Campuses plus the Chancellor’s Office have submitted layoff plans affecting 294 employees Meeting with RMAC, Academic Senate Budget Committee, Divisional Budget Committees to share information and to plan. 8