Mission College Budget Summary and Implications

Mission College Budget Summary and

Implications

One-time Funds Expected in Year-end Balances

1. District Reduction Target $2,600,0002. Office the Top Using Contingency $600,0003. District’s Share (25%) $500,0004. To be split between Colleges $1,500,000 (1-2,3)5. WV’s share (53%) $795,0006. Mission’s Share (47%) $705,000

Mission will utilize salary savings and year-end operating Budget balances.

Mission college11-12 Budget shortfall Plan

To be planned in 2011/2012. To take effect in 2012/2013

1. District Reduction Target $3,000,000

2. District’s Share (18%) $540,000

3. To be shared by Colleges $2,460,000 (1-2)

4. WV’s share (53%) $1,303,800

5. Mission’s Share (47%) $1,156,200

WVMCCD Budget reduction targetsfy 2012-2013

Budget Reduction planning Timeline- fall 2011

Budget Reduction Planning Timeline – Fall 2011 September 15 Mission College forum brainstorms and responses to

PC for a framework

September 28 PC framework goes to GAP for review and discussion

October 5 GAP workshop - GAP discusses reduction modalities Considering three alternatives:

1. least harmful, 2. somewhat harmful, and 3. most harmful

October 12 GAP workshop – continue framework & options October 19 GAP Workshop – Constituent draft approval October 20 Draft goes to constituents for review (AS, CS & ASG) November 9 Constituent responses to GAP November 16 GAP recommendation to President November 30 Mission Decision – by President December 1 Office of Administrative Services to submit 12/13 MC

budget reduction plan to district finance office

framework• All budget reductions met the “least harmful”

recommendation given to the president by the college through our budget focus workshops

• Additional reduction of $150,000 due to the RAM transition also completed by “least harmful” measures – though our reserves are depleted in doing so – this transition takes care of the 11/12 monies

• District backfill noted in the RAM is based on monies the college saves – this will not occur in 11/12 due to 2% shortfall

Implications• 12/13 Mission College will have to give

another $150,000 as continued transition to West Valley

• 12/13 may have additional cuts dependent on the state budget situation

• 12/13 has no backfill from the district as noted in the RAM (additional reductions necessary)

• Need to move from “least harmless” to other possible solutions

What are we Facing• Land Corp money used for one time spending

needs• Somewhat Harmful or Most Harmful solutions

depending on budget implications• Integrated Planning that utilizes all possible

revenues for college goals • Enrollment growth beyond our target• Efficiencies in all areas of the college

How Long is this going to last?

• 12/13 predicted to be the worst year• 12/13 economy rebounding before education

sees the revenues• 12/13 economy rebound means fewer students

coming back for retraining (implications for CTE)• 12/13 continued transition of RAM dollars to

West Valley• 12/13 review of ftes split and further money

transition to West Valley