2. April Meeting  Receive the Budget Message  Proposed Budget is aligned with the College’s Strategic Plan and operational needs  Provide input  Provide opportunity for citizen input May Meeting  Review the Approved Budget  Provide opportunity for citizen input  Approve tax rate  Approve budget, recommending it to the Board for Adoption ROLE OF BUDGET COMMITTEE

3. 2012/13 BUDGET MESSAGE

4. 2012/13 BUDGET MESSAGE (CONT.)

5.  College-wide involvement  Budget Advisory Team  E-Team  CAMAT and FAMAT  Divisional Management Teams  Advisory Meetings CREATING THE PROPOSED BUDGET

6. Account for the general operations and activities of the College  Three Funds  General Fund  College Service Fund  Stability Reserve Fund OPERATING FUNDS

8. Revenue Assumptions  State Operations  $395.7 million Community College Support Fund  Property Taxes  1% increase  Tuition  4% decrease in enrollment from 2011/12  $2 tuition increase  Transfers In  $725,000 from Technology and Equipment Fund  $1.7 million from College Service Fund GENERAL FUND

10. PositionAmount PT Faculty Wages & Benefits $(298,378) FT Faculty Humanities$(111,323) FT Faculty Humanities$ (72,861) FT Faculty Manufacturing$ (87,089) FT Faculty Diesel$ (77,277) FT Faculty Academic Skills$(111,323) FT Classified Individualized Career Training Reduced to 80%$ (18,273) FT Classified Library reduced to 60% (now PT Classified)$ (29,995) FT Faculty Computer Science $ 50,072 FT Faculty Nursing$ 40,147 PT Classified Disability Services$ (14,798) PT Classified Student Services Admin. Secretary IV$ (42,700) Women’s Resources Center Materials & Supplies$ (3,614) FT Classified Accounts Receivable Collections$ (50,517) FT Classified Institutional Researcher$ (68,988) FT Classified Campus Security Officer$ (50,517) President’s Office Materials & Supplies$ (20,600) Total Expenditure Changes: $(968,034) GENERAL FUND STRATEGIC CHANGES

11. Expenditure Assumptions  Personnel (still in negotiation)  2% decrease in PT faculty  3 furlough days  $682,000 available for personnel salary adjustments  Other Personnel Expenditures  Health Insurance – 6% increase  PERS – 7.79% approximate increase  Department Materials & Services and Capital  0% increase  Transfers Out  Increase 7.41% over 2011/12 GENERAL FUND (CONT.)

12. FUTURE YEAR ASSUMPTIONS RCC’s Major sources of revenues will continue to see a decline  State funding  Economy  Property tax revenue decline  Little to no improvement in Housing Market  Enrollment  Decline of 4%

13.  Curtis Sommerfeld  541-956-7238  curt@roguecc.edu curt@roguecc.edu  Lisa Stanton  541-956-7024  lstanton@roguecc.edu QUESTIONS?