Adverse Impacts of the California Community College Funding Formula OK Dr. Matthew Wetstein, President and Superintendent

Political & Social Context

Political & Social Context New funding formula 70% FTES 10% completions 20% equity access for disadvantaged Declining enrollment during the economic expansion Threat to the college’s long-term bottom line

Cabrillo Actions & Next Steps Intensive lobbying done by Cabrillo and others; recommendations from the CEO Workgroup reduced the negative fiscal impact on Cabrillo and other Districts January estimated impact: $4.2 M cut in 2020-21 June budget deal impact: $1.2M cut in 2020-21, all other things being equal Cabrillo College Governing Board Resolution 039-18 calling for study and revision of Funding Formula signed August 6th As major contributor to local workforce, Cabrillo requests a letter of support from SCCBC