1. January 24, 2017 Prepared by: Ed Maduli
Board Budget Workshop
January 24, 2017
Prepared by: Ed Maduli

2. 2017/18 State Budget
Governor releases State Budget on January 10, 2017
$122.5 billion general fund budget
$14.6 billion for community colleges

3. 2017/18 Community College Budget
$94.1 million for a 1.48% COLA
$79.3 million for a 1.34% growth
$23.6 million for a base increase
$150 million for implementation of Guided Pathways (one-time)
$20 million for Innovation Awards Program (one-time)
$5.4 million for a 1.48% COLA for Apprenticeship, EOPS, DSPS, CalWorks and Child Care
$3.1 million for enrollment growth in the full-time Student Success Grant program
$10 million for Online Education Initiative
$6 million for procurement of an Integrated Library System
$43.7 million for Physical Plant and Instructional Equipment Program (one-time)
$52.3 million for energy efficiency projects (one-time)

4. What Is Not Funded (No Additional Augmentation)
Student Success
Student Equity
Workforce/CTE Pathways
Basic Skills
Adult Education
24 BOG-approved Capital Outlay Projects

5. State Revenue Impact on Community Support Districts
No State apportionment
Continue to receive funding for:
Lottery
EPA
Mandated costs
Student Categorical Funds
Other State/Federal Grants

6. 2017/18 District Budget Major assumptions 1.48% State COLA
No growth or restoration funds
WSCH: 530
FTES Target: 14,000
5% reserve and no more than 3% contingency reserve
309.0 FTE faculty funded
Student categorical funding same as 2016/17
Proposition 30 funded at $100/FTES
Meet statutory obligations
Faculty hiring funding

7. Budget Development Approach
Maintain community support status
Stabilize enrollment
Use Resource Allocation Model
Balanced Budget

8. 2017/18 FTES Target

9. 18 – 22 year olds/California

10. District Liabilities Banked Leave Vacation and Comp Time
Lease Revenue Bonds
OPEB
CalPERS
CalSTRS

11. Banked Leave Liability

12. Vacation and Comp Time Liability

14. Lease Revenue Bonds – 2009

15. 2016 Lease Revenue Bonds Debt – 2009A1 Refunding comparison
Total debt prior to refunding = $80,157,674
Total debt after refunding = $69,333,131
Total savings from refunding = $10,824,543

16. Lease Revenue Bonds Debt– 2011

17. OPEB

18. CalSTRS and CalPERS Summary of Employer Contribution Rate
PERS 11.77% (Incr. 0.33%)
44,693
PERS 11.85% (Incr. 0.08%)
13,149
PERS 13.89% (Incr. 2.04%)
371,598
PERS 15.50% (Incr. 1.61%)
323,863
PERS 17.10% (Incr. 1.60%)
329,641
PERS 18.60% (Incr. 1.50%)
317,290
PERS 19.80% (Incr. 1.20%)
258,908
STRS 8.88% (Incr. 0.63%)
158,633
STRS 10.73% (Incr. 1.85%)
475,199
STRS 12.58% (Incr. 1.85%)
498,277
STRS 14.43% (Incr. 1.85%)
557,883
STRS 16.28% (Incr. 1.85%)
566,516
STRS 18.13% (Incr. 1.85%)
581,772
STRS 19.10% (Incr. 0.97%)
311,189
Total Cost
203,326
691,674
1,561,549
2,443,295
3,339,452
4,238,514
4,808,611

19. CalSTRS and CalPERS Rate Increase

20. 50% Law

21. Faculty Obligation Number
Fall 2012
Fall 2013
Fall 2014
Fall 2015
Fall 2016
FON Obligation
315.1*
279.1
276.1
270.1
FTE Faculty Actual
310
311
305
300
MC %
68.42
69.52
69.5
71.87
70.21
WVC %
68.44
73.63
74.7
72.90
72.4
District %
68.43
71.65
72.16
72.41
71.4
*FON Frozen

22. Factors affecting District Budget in the Out Years
Possible recession
Federal Grants

23. Summary of Cost for Banner Implementation
Actual
Total
7/1/15-6/30/2016
7/1/16-1/20/2017
Backfill/OT for Banner Project
Backfills/OT: Finance Module
188,865
24,105
212,970
Backfills/OT: Student Module
115,810
442,675
558,485
Backfills/OT: HR Module
61,575
105,584
167,159
Backfills/OT: Technical Support
66,611
86,641
153,252
Total for Backfill/OT
432,861
659,005
1,091,866
Ellucian
4,151,938
2,823,633
6,975,571
Strata Information Group (SIG)
265,655
222,779
488,434
Other: Software and Equipment
247,195
5,040
252,235
Total for Consultants/Software/Equipment
4,664,788
3,051,452
7,716,240
Grand Total
5,097,649
3,710,457
8,808,106