1. SCC Funding Resources Campus Based Accounts
Fiscal Year
March 2006
Information based on LRCCD Proposed Budget for Adoption

2. Overview Review of Funding Resources District vs. Campus Based
NOT all fund types today!!
Drivers:
President’s Guidance: ‘Put all the money on the table’
Revised planning and budgeting process for the college: link both to College Strategic Plan
Plan to drive the budget…not vice versa
Peoplesoft and Accounting Changes at DO

3. Fund Types Fund 11: Unrestricted General Fund
Fund 12: Restricted General Fund
Fund 13: Campus Based
Educational Enrichment Program (EEP) NOW referred to as Instructionally Related (IR)
Special Activities Programs
Instructionally Related Division Programs
Fund 14: Other instructionally related programs (trusts)
ALL FUNDS subject to general accounting rules and subject to audit!

4. Fund 11 Unrestricted General Fund
Description: College Discretionary Fund, Block Grant
Unrestricted portion of the district’s general fund
Primary funding source; supports all programs and administrative support
Formula driven, in part
Substantial portion of this fund managed through the budget committee
Due to timing of allocations, current year funding used to plan next FY game plan
Mid year updates through the budget committee

7. Fund 12 Restricted General Fund
Description: Restricted general fund, categorical programs, special projects, grants
Restricted portion of the district’s general fund
Specifically restricted by law, regulation, donors, outside agencies, etc.
Appropriations determined by external agencies
Timelines and restrictions defined
Matching sometimes required

9. Fund 13 Educational Enrichment Programs (aka Instructionally Related)
Campus Based Fund, three broad categories
EEP/IR: Considered an expendable trust
Supports instructionally related, student centered and focused activities
Derived from Book Store profits ($200K allocated)
Special Activities: promote understanding of the college, increase community awareness
Capped by BOT formula: .08% of College General Fund (~$55,800/annually)
Funded with vending revenue
Instructionally related Division Programs
Athletic and Theater gate receipts, Express Newspaper Advertisement, Concessions
~ $95K annually

14. Fund 14 Other Instructionally Related (Trust)
Expendable Trust category
Activities which generate their own revenue and fund expenditures without any subsidy from the college
Source: fundraisers, cost covering events, non-institutional vending
Fund: varies, ~$450K

16. Summary Brief overview of Fund types most often in discussion
Handouts cover basic definitions and authorized uses of these fund types
Limitations and audit requirements do exist
Budget Office and VPA are tasked to monitor
Coming next: Other fund types!!