FISCAL YEAR 2013/14 BUDGET UPDATE AS OF 4/30/2014

BUDGET UPDATE 4/30/2014 Actual Budget % Revenue $ 34.0 million $36.1 million 94.2% Expense $ 29.5 m $36.1m 81.7% Surplus $ 4.5 m

BUDGET UPDATE 4/30/ Diff Revenue $26.8 million $34.0 million $7.2 million Expense $26.1 m $29.5 m $3.4 m Cash $8.9 m $14.5 m $5.6 m Reserve $9.5 m $14.1 m $4.6m Apport. $5.2 m $5.6 m $0.4 m EPA Funds $ -0- $3.9 m $3.9 m

BUDGET UPDATE 4/30/2014 4/30/14 4/30/13 Diff. Academic Salaries 11,458,285 10,266,311 1,191,974 Classified Salaries 6,404,301 5,762, ,741 Benefits 6,477,567 5,732, ,806 Supplies & Materials 405, ,942 75,971 Other Costs 3,821,590 3,898,880 77,290 Capital Outlay 107, ,239 3,423 Total $28,675,472 $26,101,693 $2,573,779 Ratio increase over prior year – 9.9%

BUDGET UPDATE 4/30/14 50% Rule Calculation as of: 4/30/ % $24,140 Over 50% 3/31/ % $77,127 Short of 50% 2/28/ % $191,889 Short of 50% Plan of Action – Vice-Presidents will reduce non- instructional related expenditures over the remainder of the fiscal year.