College of the Sequoias Projections February 2016 Governor’s January Budget Proposal

Budget Proposal Highlights COLA % estimated $230,000 for COS Access ( prior “ Growth ”) $114.7 M (2%) statewide –May be up to 5% for COS based on growth formula ( approximately $2 million ) –Could be zero for COS if we have no enrollment growth – COS budgets conservatively –The funding gives priority to districts “ identified as having the greatest unmet need in adequately serving their community ’ s higher educational needs.”

Budget Proposal Highlights Student Success ( prior “ Matriculation ” - Restricted ) –No additional ongoing funding –Match requirement 1:1 Student Equity ( SEP ) –No additional ongoing funding –No match requirement –Ongoing augmentation to strengthen support for underrepresented students Scheduled Maintenance and Instructional Equipment – $289 million statewide – $2.28 million preliminary estimate for COS ; one - time funding –Split between Scheduled Maintenance and Instructional Equipment to be determined. Proposition 39 – $45.2 million statewide to address energy efficiency projects –Estimated at $300,000 for COS

Budget Proposal Highlights Other Programs / Funding proposed by the Governor : Strong Workforce Program - $200 million statewide –Estimated $1.5 million for COS “ Region ” –Colleges will be expected to collaborate with workforce, labor, civic, and other regional partners Career Technical Education Pathways Program - $48 million statewide –Estimated $350,000 for COS categorical funds –To be aligned with Strong Workforce Program Basic Skills Program - $30 million statewide –Estimated at $235,000 for COS –Includes collaboration with K -12, CSU, and UC to prepare students for college level math and English. Mandate Claims - $76 million statewide one - time –Estimated $600,000 one - time funds for COS

Projected Budget - Fiscal Solvency Plan with NO FTES Growth Unrestricted Only (.47% COLA, 380 Growth already earned ) (1% COLA and 0 Growth estimated for 17-18) 5 Description State Allocation50,187,19352,040,38452,562,788 Federal and Local Funds2,218,145 Mandated Cost Block Grant235,984263,200 Total Revenue52,641,32254,521,72955,044,133 Expenditures (GF 1000 to 7000)52,580,417 53,055,510 Step/Column439,889443,000 Utilities/WC/P&L (no utils in 16-17~solar)50,000100,000 Savings from GFU retirees(500,000)(200,000)? Cost of PERS/STRS Incr (16-17 already bdgtd)0867,000 Cost of 11 FTEF for FON (GFU + 2 FTT bdgts)1,100,000400,000? Savings-ongoing-STRS Retrmt Incentv, others(210,000) Savings-FY16 One-time bdgts/CSEA stipends(404,796) Total Expenditures52,580,41753,055,51054,665,510 Structural Surplus/(Deficit)60,9051,466,219378,623

Assumptions 6 Description COSTACSEACOSAFAMgt / ConfTotal Cost of 1% ( Unrestricted Only ) 185,93374,53036,25450,942347,659 Cost of 1% ( Combined ) 197,797104,38536,27064,534402,986 Cost – Step and Column ( Unrestr ) 238,408113,652087,829439,889 Step and Column Costs and H&W Increases (Cost of 1% = information only; not in budget projections)

FTES Update Historical Perspective 7 YearActual FTESFunded FTES , , , , , , , , , , , , , , , , , , , , , , , , , ,400.00? 9,400.00??

FTES Projection (Enrollment Management Team Monitors) FTES Projected based on Actuals to Date Actual Hours of Attendance Weekly Attendance Method Independent Weekly Attendance Method Daily Attendance Method Independent Daily Attendance MethodTotal Summer Fall Spring Summer Total 9400 Goal Budgeted State Funding Cap is approximately 9400 for ( Mid - size college threshold is 10,000 for and thereafter ) 9400 COS will not make mid-size college threshold in or , and will lose the $1.1M base funding associated with that starting in COS Hanford center will reach 1,000 FTES either in or , which will bring $1.1M base funding to the District ongoing.

Governor’s May Revise will alter projections State will adopt a budget in June 2016 Updates to come… Questions? Comments?