1. Budget Committee
April 26, 2017

2. Agenda Y Election of Chair/Vice Chair
Y Budget Committee Responsibilities
Y Presentation of Budget Message and Budget Document
Y Responses to Information Requests
Y Committee Discussion
Y Information requests
Y Proposed Budget Committee Calendar

3. Purpose of the Committee
Y Conduct public hearings to hear budget message and review the budget
Y Listen to comments and questions from the public
Y Consider public input in budget deliberations
Y Approve the property tax rate to submit to assessor
Y Approve budget and recommend to the governing body

4. Legal Mandates Receive the budget document
Y Must hold at least one meeting to :
Receive the budget document
Provide opportunity for public input
Y Must have a quorum (more than one half) to hold a meeting
Y Cannot approve personnel, employee contracts, or salary levels

5. What can the budget committee do with the budget?
Y “. .Budget committees role is not to directly establish or eliminate specific programs or services . .” (Oregon Department of Revenue Local Budgeting in Oregon p.11)
Y Governing bodies responsible for setting budget parameters.
Y By majority vote “may add or delete funding for specific services” but final authority rests with governing body.

6. Lane Community College Funds
General Fund I
Administratively Restricted Fund IX
Internal Service Fund II
Debt Service Fund III
Capital Projects Fund IV
Financial Aid Fund V
Enterprise Fund VI
Special Revenue Fund VIII
Main operations fund
Income Credit Program
Instruction
Technology
Community Services
Instruction
Health Services
The Torch
Child & Family
Women’s
Programs
Printing & Graphics
Warehouse Services
Telephone Services
Motor Pool
Employee Wellness
Flight Service Technology
QEC Bonds
GO Bonds
Recovery Zone Bonds
Pension Obligation
Bonds
General Capital Projects
Major
Maintenance
Deferred
Bond Projects
Plant
Additions
Student Financial Aid
Federal
Work Study
Bookstore
Downtown Housing
Food
Services
Hospitality & Conference Services
International Student Program
Grant Funds
Contract Funds
Community
Projects

7. Proposed Budget Committee Calendar
Y 4/26/17
Budget Committee Meeting, 5:30 pm
Budget Message, Proposed Budget Document distributed
Y 5/03/17
Budget Committee Meeting, 5:30 pm
Public Comment
Budget Committee Meeting, 5 pm (if necessary)
Public Comment
Board Meeting, 6:30 pm
Y 5/10/17
Y 6/14/17
Board Meeting, 6:30 pm: Public Budget Hearing
Board adopts budget, appropriates funds, levies taxes

8. www/lanecc.edu/budget Greg Holmes holmesg@lanecc.edu 541.463.5516
Resources
Budget Web Site
www/lanecc.edu/budget Greg Holmes
Brian Kelly