Campus Budget

Campus Budget

Meeting Notes - January 27, 2015

Cruz welcomed the team to the new year. She reported that she had visited Sacramento was hopeful that the legislature would support community colleges.

 

Approve Notes from November 14, 2014

The notes were approved.

 

Budget Update

District Budget Committee - Governor's Proposed Budget Presentation FY15/16

Governor Proposed Budget FY15-/16

Chancellor Thor's Budget Message

Cheu shared a presentation on the highlights of the Governor’s proposed budget. She reminded the team that this is a preliminary summary as the State budget is very fluid. 

The healthier State budget is not expected to be ongoing due to the phase out of various tax measures (e.g. prop 98, prop 30), SSSP match & spending, equity  funding, 50% compliance for funding with specific purpose and match requirements and an uncertain economy in the upcoming years.

FY14/15 shows revenue up with strong potential for additional Proposition 98 funding to colleges

FY15/16 budget one of the best in years – very stable

FY16/17 is less certain - Proposition 30 phase-out, Economic volatility, Typical post WWII economic era generally shows a five year upswing in the economy before down-turn occurs

Enterprise Funds are not eligible for deferred maintenance or instructional equipment funds.

It is fiscally challenging that many of our costs are not eligible for the “matching funds” under SSSP.

The State is attempting to restore funding for programs to prior recession levels.

Ongoing statewide discussion surrounding funding (based on actuarial studies) and benefits of PERS/STRS/retirees.

 

Educational Master Plan Update 

www.deanza.edu/emp

Cruz gave an overview of the purpose of having an educational master plan. She shared her excitement for the opportunity to help guide the College's educational master plan.She stated that although the work on the previous plan was very intentional and deliberate  it had not resulted in an improvement in the equity data. 

Cruz reported that the core update group were moving quickly as they were able to use the previous plan as a framework. The new framework will be based on an equity foundation. The core update group are building a narrative around equity and institutional investments and commitments.  The core group members will write a short summary which they will take to the to experts in the areas of institutional investments and commitments. From there the document will go through the share governance groups. A draft will be ready for review at the June 2015 College Council meeting.

 

Quick News

Agenda items: How to read a budget report. Reviewing budgets through an “equity lens”. FOAP and iFOAP and Index codes

 

 

Present: Bryant, Cheu, Cruz, Gerard, Goodwin Joseph, Kirkpatrick, Watson. Notes Gibson.



Governance
Building: Administration
Contact: Pippa Gibson
Phone: 408.864.8936
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Last Updated: 1/28/15