1022020 SOUTH SEATTLE COMMUNITY COLLEGE All College Meeting
- Slides: 17
10/2/2020 SOUTH SEATTLE COMMUNITY COLLEGE All College Meeting March 13, 2013 Olympic Hall 1
10/2/2020 WELCOME TO 2013 -14 FY PLANNING � Opening Remarks � Strategic Planning and Budgeting � Operating Budget Overview � Unmet Needs � Budget Development Timeline 2
10/2/2020 COLLEGE CORE THEMES STUDENT ACHIEVEMENT TEACHING AND LEARNING COLLEGE CULTURE AND CLIMATE COMMUNITY ENGAGEMENT AND PARTNERSHIPS 3
10/2/2020 STRATEGIC PLAN & BUDGET ARE ALIGNED Strategic Plan MISSION Budget Plan Core Themes & Objectives 4
10/2/2020 2012 -13 FY STATE OF THE COLLEGE No Change in tuition allocation Tuition collection shortfall from 2011 -12 FY Contribution to ERP 3% Permanent Operating Budget shortfall Soft Enrollment Substantial Carry Forward balance Healthy International Program Enrollment Ample Grants and Contracts Activities 5
10/2/2020 OPERATING BUDGET 6
10/2/2020 2012 -13 FY ENROLLMENT CHALLENGES Ø Ø Ø No relief in enrollment target Low enrollment Increase cost of education High unemployment Economic recovery Competition and program offerings 7
10/2/2020 2013 -14 FY STRATEGIC BUDGETING INCREASE Enrollment, Retention, Completion � Meet FTE target � Increase tuition collection � Preserve quality of education � Achieve maximum efficiency � Prioritize � Fund � Anticipate the highest return � 8
10/2/2020 2013 -14 FY FISCAL VARIABLES State Operating Budget is not yet finalized � � � First year of 2013 -15 Biennium Sequestration double impact State Economic Forecast The information we have now will change Earmarks and Provisos Financial Aid 9
10/2/2020 2013 -14 FY FISCAL VARIABLES (CONT. ) � � Tuition Collection shortfall for two consecutive years Tuition increase no decision Faculty Negotiations Mandatory increases 10
10/2/2020 2013 -14 FY CHANGES TO FUND Classified increments � Personnel/position changes � Financial Aid Loan Program � District wide initiatives � Faculty Negotiations � Tenure Faculty stipends � Turnover Savings � Institutionalizing grant programs � ERP impact � 11
10/2/2020 2013 -14 FY BALANCING ACT Funding ongoing costs from accumulated Carry Forward is not fiscally sustainable � New program development � Equipment purchase � Special projects � Enrollment boost initiatives � Emergency fund 12
2013 -14 FY BUDGET DEVELOPMENT FUNDED Flat Operating Budget NOT FUNDED • • • Prioritized list of unmet needs Look at a big picture Identify an alternative funding models
10/2/2020 CALENDAR March Review and approval of Fees Provide Budget Development Worksheet April Complete Budget Development Worksheets Develop realistic budget to meet the needs Submit to department Vice Presidents by April 16 Submit Worksheets to the Business Office 14
10/2/2020 CALENDAR � April-May � Submit prioritized list of requests/cuts to College Council � College Council Hearings � June � College-wide Budget Hearing � Final budget approved 15
10/2/2020 SUMMARY Manage within the resources � Prioritize initiatives � Develop sustainable budget � 16
10/2/2020 QUESTIONS Thank You! 17
South seattle community college
South park college know it all hippies
Name all rays
For today's meeting
Proposal kickoff meeting agenda
What is meeting and types of meeting
What is meeting and types of meeting
Old south vs new south streetcar named desire
Purpose of community development
Community education and training colleges in south africa
Environmental club meeting ideas
St wilfrid's rc college south shields
South-western college publishing
South-western college publishing
South western college publishing
Assessment college of south africa
South western college publishing
Assessment college of sa (pty) ltd
