Meeting Notes - November 13, 2012
1) Approve the Notes from October 9, 2012
The notes were approved.
Jeanpierre presented the latest information on the budget with numbers adjusted by the passage of Prop 30.
The revised College goal is $2,820,859 down from pre Prop 30 total of $5,393,967
New goals for each area are:
Finance & Ed Res $197,460
Student Services $1,269,460
Instruction $1,325,804
President & Mkt $28,209
Difference between Pre and Post Prop 30 Passage
1. No mid year cuts in form of 7.3% WLR ($9.8M/2155 FTES)
2. Increase in PT faculty & other expenses ($3.8M)
3. Uncertainties:
a. Restoration of enrollment (31,376 FTES/541 PROD)
b. Estimated deficit factor (1.5%)
c. RDA shortfall
3) Quick News
None