1. Kern Community College District Adopted Budget 2013-2014
Report Presentation
September 12, 2013

2. Kern Community College District
STATE BUDGET FRAMEWORK
In the Enacted Budget
General Fund $96.3 B
Special Funds $49.0 B
Total Funds $145.3 B

3. Kern Community College District
STATE BUDGET FRAMEWORK
CCC Share -
General Fund $3.5 B
Special Funds (P-tax) $2.4 B
Total Funds $5.9 B

4. Kern Community College District
State Budget
Structural Shortfall

5. Kern Community College District
State Budget Framework
Recent History
CCC lost about $1.5 billion in state funding
Eliminated 100,000 courses
Shut out 500,000 students
State poised to restore funding

6. Kern Community College District
State Revenues
(Big Three)
Personal Income Tax: Sales and Use Tax, Corporations
General Fund and Education Protection Account Combined

7. Kern Community College District
CCC P-98
Summary Adjustments
$89.4M 1.63% Enrollment Restoration/Access/Growth
$87.5M 1.57% COLA
$50M Student Success/Matriculation
$47M Energy Efficiency/Prop. 39
$25M Adult Education
$15M/$15M DSPS/EOPS
$16.9M Online Education
$8M CalWorks

8. Kern Community College District
Projected Unrestricted Ending Fund Balance
$21.0 million or 19.91%
Unallocated District Wide = $11.6 million
College = $9.4 million

9. Kern Community College District

10. Kern Community College District

11. Kern Community College District
General Fund – Unrestricted and Restricted

12. Kern Community College District
Comprehensive FTES Targets

13. Kern Community College District
Compliance Tests
General Unrestricted Fund Salaries and Benefits
Goal less than 80%; Projected = 78.0%
Unrestricted Reserve = 19.91%

14. Kern Community College District
Compliance Tests
Projected 50% Law Calculation %
Projected Fall 2013 Full Time Faculty
Less FTFO
Difference

15. Kern Community College District
Potential Threats to KCCD Budget Assumptions
Redevelopment Agency Funds not being backfilled; potential $1 to $2 million loss in funding
Continued CDC Subsidy Requirements of $396,000